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» Read more about: Federal Reserve cuts rates and pledges to end quantitative tightening »
NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut.
The federal funds rate is the rate at which banks borrow and lend to one another.
» Read more about: What a Federal Reserve rate cut means for your finances »
Apple is about to face its next big test.
After launching its new product cycle and smashing through a $4 trillion valuation this month, the iPhone maker is on deck to report its earnings for the fourth quarter after the closing bell on Thursday.
Wall Street is gearing up for another strong quarter of results.
When Tim Schmidt sees children walking to school, or particularly when he walks past his late son’s bedroom in the family home, powerful memories flood his mind.
Tim Schmidt Jr, a 19-year-old UCF student, was one of the two people killed last year in a mass shooting on the streets of downtown Orlando as thousands celebrated Halloween night.
Three very different technology companies that offer unique investment propositions.
Google owner Alphabet (GOOG +2.62%) (GOOGL +2.54%), ON Semiconductor (ON 1.27%), and Synopsys (SNPS 0.43%) have had vastly different years on Wall Street: So far in 2025,
» Read more about: 3 Technology Buys That Wall Street Loves »
Donald Trump and Chinese leader Xi Jinping will seek a truce in their tit-for-tat trade war on Thursday, with the US president predicting a “great meeting” but Beijing being more circumspect.
The tussle between the world’s top two economies, which encompasses everything from rare earths to soybeans and port fees, has rocked markets and gummed up supply chains for months.
» Read more about: Trump, Xi to meet seeking truce in damaging trade war »
A majority of Americans oppose higher tariffs on China and are warming to the idea of economic cooperation instead, in a possibly unwelcome signal for President Donald Trump as he heads into crunch trade talks on Thursday with Chinese leader Xi Jinping.
The summit taking place in the South Korean port city of Busan will be their first in person since Trump began his second term in January.
» Read more about: Trump Dealt Polling Setback on Eve of China Trade Talks »
Shares of Nvidia (NASDAQ: NVDA) rose over 4% on Oct. 29, as the AI chipmaker became the first company to reach a $5 trillion market capitalization.
This comes a day after President Donald Trump’s praise of Nvidia caused a few cryptocurrencies linked to decentralized artificial intelligence (AI) projects,
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FOX Business White House correspondent Edward Lawrence has the latest on the Feds decision on Making Money.
The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank’s target.
» Read more about: Fed cuts interest rates for second time this year amid labor market weakness »
