In a surprising move, the Federal Reserve has cut its key interest rate for the second time this year, aiming to boost economic growth and hiring amid ongoing inflation concerns. Fed Chair Jerome Powell warns that future cuts aren't guaranteed as the government shutdown complicates economic reporting.
As the Federal Reserve prepares to announce a quarter-point interest rate cut, investors are left wondering about the future of the economy. With inflation rising and job growth slowing, Fed Chair Jerome Powell faces tough decisions ahead.
The Nikkei 225 index has crossed the 50,000 mark for the first time, fueled by positive U.S.-China trade talks and a booming Wall Street. With Japan's Prime Minister meeting President Trump, domestic demand may see a significant boost, lifting Japan out of stagnation. Discover how this impacts global markets!
As inflation cools, expectations rise for Federal Reserve rate cuts that could stimulate economic growth. Experts weigh in on how this could impact your wallet and investments.
Sales of previously owned homes saw a surprising 1.5% rise in September, marking the highest pace in seven months. With falling mortgage rates and increasing inventory, the housing market is shifting. Is it time to buy?
In a historic move, the U.S. and Australia have signed a $53 billion minerals framework, investing over $3 billion in critical projects. This partnership aims to enhance supply-chain security and bolster defense cooperation.
China's GDP growth slowed to 4.8% in Q3, its weakest in a year, raising concerns about the impact of trade tensions and a property crisis. Analysts debate potential stimulus measures as the country aims for 5% full-year growth.
The Federal Reserve is leaning towards further interest rate cuts amid rising unemployment concerns, but divisions remain among officials about inflation risks. Discover the implications for borrowers and the economy.
President Trump's crackdown on offshore wind projects threatens to dismantle a burgeoning industry in New Bedford, jeopardizing thousands of jobs and millions in economic activity. As the Vineyard Wind project moves forward, local workers fear for their futures amidst policy uncertainty.
In a bold move, President Trump signed an Executive Order to save TikTok, ensuring its operations are secure and majority-owned by U.S. investors, while protecting the data of 170 million American users.