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• The Federal Reserve said Wednesday it is keeping its benchmark interest rate unchanged while officials further study the economic impact of President Donald Trump’s sweeping tariffs.
S&P 500 gained 0.58% on Thursday but closed below the 5,700 resistance level. Futures indicate a modest 0.2% higher open today as markets adopt a wait-and-see approach ahead of weekend trade ...
As was widely expected, the U.S. Federal Reserve held its benchmark fed funds rate range steady on Wednesday at 4.25%-4.50%, extending its pause on monetary easing ...
And the unemployment rate held steady at 4.2% in April. Powell said economy is still in a good place, but the Fed may find itself in “the challenging scenario in which our dual mandate goals ...
The Jack Link's 500 at Talladega will mark crew chief Rudy Fugle's 150th Cup race with William Byron. / Jared C. Tilton/Getty Images From his spot atop the pit box of driver William Byron’s ...
May 9 (Reuters) - Engineering services firm ABB India (ABB.NS), opens new tab reported a 3.3% rise in first-quarter profit on Friday, driven by steady demand for products in its electrification ...
The average rate on a 30-year mortgage in the U.S. held steady this week, not far from its highest levels this year, but below where it was a year ago. The rate stood at 6.76% for the second week ...
In a video, Marcus & Millichap senior vice president of research services John Chang addressed the firm’s position that “unpredictable trade policies sustain elevated recession and inflation ...
The Federal Reserve announced Wednesday in its third meeting of 2025 that it would continue to hold interest rates steady. The Fed’s announcement comes after the consumer price index ...
The Federal Reserve held interest rates steady this evening but said the risks of both higher inflation and unemployment had risen, further clouding the economic outlook as it grapples with the ...
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