Economy News As Slowing Economy Boosts Hopes For Lower Interest Rates, Wall Street Keeps Hitting New Records

World stocks climb after Wall Street rallies on hopes for lower interest rates

BANGKOK (AP) — Shares in Europe and Asia advanced on Wednesday after benchmarks on Wall Street surged on hopes the Federal Reserve will soon opt to cut interest rates. The future for the S&P 500 ... Read More

The Fed just cut interest rates for the third-straight time

The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move. Read More

Stocks climb on hopes for lower interest rates as Dow rallies 650 points

U.S. stocks are climbing again on hopes for a coming cut to interest rates NEW YORK -- The U.S. stock market is climbing again Tuesday on hopes for a coming cut to interest rates. The S&P 500 rose 0.8 ... Read More

Wall Street boosts bets on another rate cut next month

WASHINGTON (TNND) — The odds of another interest rate cut from the Federal Reserve at its early December meeting have climbed rapidly as officials open the runway toward another reduction despite ... Read More

Stocks climb on hopes for lower interest rates as Dow rallies 660 points

NEW YORK (AP) — The U.S. stock market climbed again Tuesday on hopes for a coming cut to interest rates. The S&P 500 rose 0.9% after breaking out of a morning lull and is back within 1.8% of its ... Read More