News

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

The Fed's dot plot, which shows 19 individual members' expectations, indicates a median estimate of 3.4% for the federal funds rate at the end of 2026.

Fed approves quarter-point interest rate cut and sees two more coming this year

The Federal Reserve on Wednesday released its decision on interest rates and updated its economic projections.

New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together

Newly confirmed Federal Reserve Governor Stephen Miran dissented from the central bank's decision.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July.

China keeps tight grip on rare earths, costing at least one company 'millions of euros'

The European Chamber of Commerce in China said that after a pickup in rare-earth export license approvals this summer, members have found it harder to get access.

Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture

While the rate decision is fairly pretty much in the bag, what happens from there is anybody's guess.

Bessent quips about his reported threat to punch Pulte in the face: Treasury secretaries 'have a history of dueling'

Bessent's remarks come after recent stories detailed a series of fiery confrontations between him and other Trump allies.

Workers are 'hugging' their jobs. There's a right and wrong way to do it

Workers are clinging to their jobs in a frozen labor market. Career experts and economists discuss the best way to approach a job right now.

Here are the five fintechs that could be next to IPO after Klarna

Klarna's bumper IPO has got investors wondering about which fintech names could be next to go public.

Consumers love buy now, pay later loans. Here’s why banks and credit card companies are wary of them

Buy now, pay later loans pose a direct challenge to credit cards. Banks and financial institutions are also wary of how they affect consumers' credit profiles.

This is Google Flights' 'No. 1 advice, always' to score cheap airfare

Flexibility can often make a "huge difference" for travelers, one expert says. Here's why.

BlackRock's Rieder the latest candidate to interview in Fed chair search

The White House search for the next Federal Reserve chair continues to twist and turn
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