Want to know why stocks are surging?It seems like investors have taken a closer look at what Fed chair Jerome Powell said after the central bank cut rates. His new buzzword, “recalibrate,” has them ...

Rate cuts may finally arrive in September, and one beaten-down fintech stock looks set to rebound in spectacular fashion.

U.S. stocks roared higher Thursday, with the Dow Jones Industrial Average topping the 42,000 milestone for the first time and ...

Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, ...

Back in March 2022, the Federal Open Markets Committee (FOMC) began to increase the federal funds rate in response to growing ...

Having pushed shares to record levels, investors must now ask what an emergency move from the Federal Reserve says about ...

The Bank of England has held rates at 5 per cent again as was widely expected - however the latest data suggests there may ...

Texas hasn’t increased Medicaid rates for inpatient health care at private hospitals in 16 years, falling behind other states ...

Private equity firms meeting in Paris say they are hell-bent on returning cash to investors after higher interest rates hurt ...

Each week The Last Word will offer a review of the week's events and their impact on the markets.

"I would take the Fed at their word in expecting higher rates for longer," he said. "So the current mortgage rate environment that we have today may be persistent for years to come, barring ...