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How to make the Fed rate cut work for you
The Federal Reserve on Wednesday announced it would cut its key overnight lending rate by half a percentage point — aka 50 basis points — marking the first time the US central bank has lowered rates
Fed cuts interest rates by half a point, marking first trim since 2020
A more aggressive interest rate cut would suggest deeper worries that the job market is buckling under the Fed’s continued fight against inflation.
Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch
Boeing will temporarily furlough white-collar employees in an effort to cut costs while its largest union is on strike.
Binance CEO says crypto exchange saw 40% growth this year in institutional, corporate investors
Cryptocurrency exchange Binance has seen a 40% increase this year in institutional and corporate investors, CEO Richard Teng told CNBC's Lin Lin.
Japan May Beat the US to Install Its First Female Leader
Japan has a female candidate among the frontrunners to become prime minister in a vote this month, raising the possibility that a nation known for lagging on diversity may appoint its first woman
As HPD shortages hit new highs, creative proposals being pitched to retain veteran officers
Honolulu Police Department shortages have hit new highs, forcing city officials to consider more incentives to keep veterans on the job.
Trump Buys Fans Burgers and Pays With Bitcoin at New York Bar
Donald Trump made another overture to the digital-asset community on Wednesday, treating supporters to burgers at a bar in New York and paying with Bitcoin.
Investors zero in on inflation again, with biggest interest-rate cut in 16 years hanging in the balance
Inflation data is back at the forefront again in the minds of financial-market participants, after taking a back seat to labor-market readings in terms of relevance for the likeliest path of U.S.
The Fed Slashed Interest Rates but Investors Are Still Nervous
Investors are wondering if the big move was a late bid to keep the economy out of recession or if the central bank is merely being prudent.
Trump Media stock closes at new postmerger low on eve of 'lockup' expiration
Shares of Trump Media reached new all-time closing lows the day before "lockup" restrictions on selling company stakes expires.
Fed rate cut should bring debt relief to Hawaii borrowers
After today’s Fed Reserve rate cut, consumers should see a dip in debt payments with adjustable rates, like credit cards, auto loans, business loans and HELOCs.
The stock market got just what it wanted from the Fed
Stocks got a brief leg up to a new intraday record on Wednesday after the Federal Reserve issued its first rate cut since 2020. Major indexes then wobbled into the close, turning lower during Fed
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