Global refiners face profit slump as new plants come online
Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows, marking a downturn ...
Treasury yields end at highest levels in up to 2 weeks after jobless claims, Philadelphia Fed's factory gauge
Treasury yields finished higher for a third straight session on Thursday after fresh U.S. economic data indicated that the labor market and factory sector were continuing to hold up. What happened The ...
Marketplace19h
Inside the secretive world of offshore finance
Offshore financial centers provide foreign companies and the uber wealthy a place to stash their wealth under favorable ...
The Fed finally cut interest rates. Here's what comes next.
Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can't start planning now.
September Fed Meeting: Fed Cuts Rates For The First Time In Four Years
In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...
The Fed’s rate cut had nothing to do with politics. That’s not holding politicians back
Jerome Powell, the unflappable Federal Reserve chair, would never march into a press conference, declare victory over ...
New York Sun1d
Harris Expands Lead in Rust Belt States, Catching Up to Trump on Issues Like the Economy, Immigration
Vice President Harris is finding new support in the three Rust Belt states that helped deliver President Trump’s 2016 victory ...
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive ...
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
Atlanta Fed GDP Tracker Revised To 3.0% Growth In Q3; Focus On Fed's Rate Cut Move Today
We note that the Atlanta Fed GDP tracker was revised yesterday to 3.0% growth in Q3. Benchmark 10-year yields are 3-5 bp ...
The Economist2d
Why the Federal Reserve has gambled on a big interest-rate cut
But I think you can take this as sign of our commitment not to get behind.” The Fed’s big cut nevertheless poses some dangers ...
Austin Daily Herald2d
Will the Federal Reserve cut interest rates fast enough to deliver a ‘soft landing’?
American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest ...