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US stocks close higher, with S&P 500 and Nasdaq scoring record highs. Tame inflation seen giving Fed room to cut rates next month to lift job market.
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
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5 ETFs to Benefit if Fed Cuts Rate in September

Markets are seeing growing odds of a September rate cut. The CME's FedWatch tool suggests an 87.4% probability of a 25-bps rate cut in September. The latest round of weak data and declining consumer ...
Fed leaves interest rates unchanged amid Trump pressure. 2 governors dissent. The Federal Reserve is expected to hold its key interest rate steady after its two-day meeting wraps up on July 30.
Trump wants lower interest rates. Will the Fed make cuts? Live updates The Federal Reserve is expected to hold its key interest rate steady after its two-day meeting wraps up on July 30.
WASHINGTON – The Federal Reserve kept its key interest rate unchanged again and gave no signal it plans to lower rates in September despite mounting pressure from President Donald Trump and his ...
U.S. stocks reverse most early gains. Fed's Waller reportedly is a top pick to replace Powell as Fed chair. Investors also eye tariffs and earnings.
President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer a possibility to replace Federal ...
Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER, BC, Aug. 8, 2025 /PRNewswire/ -- USA News Group News Commentary - On the brink of a long-awaited breakout, gold-miner stocks ...
The US economy grew 3% in the second quarter as a tariff-related import surge that shrank output early in 2025 reversed, artificially juicing growth ...