Tag Archives: Interest

Friday’s markets got a jolt of optimism when Federal Reserve Chair Jerome Powell, speaking at the Jackson Hole symposium, dropped what might be the week’s most market-friendly hint. A possible interest-rate cut could be on the table as soon as September, particularly if signs of a cooling job market continue to mount. Elevate Your Investing Strategy: Take advantage of TipRanks …

President Trump looks on in November of 2017 at his announcement of Jerome Pwowell to be the Chairman of the Federal Reserve. This year, he has been pressuring Powell to cut interest rates, belittled him and threatened to fire him. (Photo by Drew Angerer) Getty Images Federal Reserve Chairman Jerome Powell signaled Friday that the first rate cut of 2025 …

Key Takeaways Stocks soared on Friday after Federal Reserve Chair Jerome Powell left the door open for the Fed to cut interest rates at its September meeting. Stocks in the industrial and financial sectors led the Dow higher as investors bet lower rates would stimulate capital markets and construction activity. Homebuilders should benefit from lower rates by reducing the monthly …

The Golden State Warriors remain interested in the idea of pairing LeBron James with longtime star Stephen Curry, according to a report from NBA insider Jake Fischer. Fischer’s report on Friday comes amid reporting of restricted free agent Jonathan Kuminga’s unwillingness to take Golden State’s current two-year offer. The thinking for Kuminga, according to Fischer, is that he is concerned …

Jerome Powell Suggests Fed Will Soon Cut Interest Rates in Jackson Hole Speech  The New York Times Trump moves to oust Federal Reserve Chair Jerome Powell in unprecedented move  NBC News Fed Chair Jerome Powell signals possible rate cut, sending stocks sharply higher  NPR Powell’s Signal on Possible Rate Cut Not Enough for Trump  Bloomberg Fed’s Powell says monetary policy framework back on more …

NEW YORK (AP) — Wall Street is rallying on Friday toward its best day in months after the head of the Federal Reserve hinted the cuts to interest rates that investors and President Donald Trump crave so much may be on the way. The S&P 500 leaped 1.6%, and its first gain in six days has it on track to …

Topline Federal Reserve Chair Jerome Powell will take the stage at the Fed’s annual symposium in Jackson Hole, Wyoming, for the final time on Friday, as investors and the Trump administration await signs the central bank will soon ease interest rates. The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair …

Mortgage Interest Rates Today: Mortgage Rates Stay Put—for Now—While Fed’s Next Step Looms  Realtor.com Mortgage rates hold steady at lowest level of the year  Yahoo Finance Average rate on a 30-year mortgage holds steady at lowest level in nearly 10 months  woodtv.com Current refi mortgage rates report for Aug. 21, 2025  Fortune Mortgage Rates Drop to 10-Month Low, Pushing Down Monthly Housing Payments  Redfin Source …

President Donald Trump has gone on a bond-buying spree since taking office, reportedly sinking more than $100 million into debt issued by big companies and municipal governments alike. Trump put millions of dollars behind his bond strategy in February including between $500,000 and $1 million each into bonds issued by companies such as Home Depot, T-Mobile, and United Healthcare. Another …

Russia’s strikes on U.S. factory show it has no interest in peace, Ukraine says  The Washington Post Russian cruise missiles hit US company in massive Ukraine strike amid Trump’s peace push  Fox News Russia launches biggest wave of strikes on Ukraine for weeks  BBC Russian airstrikes hit a U.S. factory in western Ukraine  NPR Russia carries out its biggest attack in more than a …