CVS Health is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in ...
The high valuation for Microsoft stock may turn off investors. Read why there are more positives than negatives with regard ...
A crowd assembled to hear Republican vice presidential candidate JD Vance speak on Wednesday reacted strongly to a reporter’s question about the Federal Reserve cutting interest rates by half a ...
After more than a year of keeping the federal funds rate steady, the Fed on Wednesday made a much-anticipated cut of 50 basis points — or half a percentage point. The adjustment, announced by ...
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the monetary policy rate, which measures the benchmark interest rate, to 27.25 per cent. The monetary policy rate ...
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy ...
The US Federal Reserve (US Fed), under the leadership of Chair Jerome Powell, on September 18, 2024, made its first interest rate cut since 2020, lowering rates by 50 basis points (0.5% ...
The move comes after months of market speculation and a 14-month policy pause. The current federal funds rate stands between 4.75 and 5.00 per cent, marking the first cut since March 2020.
Mortgage rates declined again this week, sparking a subtle boost in demand for purchase and refinance applications. Still, many buyers continue to hold off on making a move while waiting for ...
The U.S. Federal Reserve’s 50-basis-point interest rate cut on Wednesday is having ripple effects north of the border, with experts pointing to implications for both the Bank of Canada and ...
Traders have pushed back expectations the Reserve Bank will soon follow the path of the US Federal Reserve, which kicked off its easing cycle with a jumbo interest rate cut. The world’s most ...
The Fed delivered a jumbo-sized rate cut this week. The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal ...