The Federal Reserve just cut interest rates by a half point. Here’s what that means for your wallet
The first rate cut in years will affect many types of consumer products. Here’s what it means for credit cards, mortgage rates, auto loans and savings accounts.
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.
Amazon increases average pay for warehouse workers and adds free Prime membership perk
Beginning this month, Amazon’s average starting pay for front-line employees will be more than $22 an hour, up from roughly $20.50 an hour, the company said.
The Fed rate cut will boost these kinds of stocks the most, according to UBS
UBS strategist Patrick Palfrey expects lower interest rates to especially benefit smaller, more volatile and less-efficient companies.
The iPhone 16 Pro Max has better battery life and great cameras, but Apple Intelligence hasn’t arrived
CNBC’s iPhone 16 Pro Max review. There are a lot of good upgrades but Apple Intelligence isn’t ready yet.
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don’t follow the Fed exactly, but they are influenced by policy and could move on Wednesday’s news.
Harris pledges to ‘earn the vote’ of Black men, as Trump makes gains
Vice President Kamala Harris cited proposals like a small business tax deduction and eliminating medical debt from credit scores in a pitch to Black voters.
Elon Musk says SpaceX will sue FAA for ‘regulatory overreach’
SpaceX CEO Elon Musk threatened to sue the FAA after the agency said it would levy fines on the company for licensing and safety-related violations.
Trump, who signed SALT deduction cap into law, now vows to ‘get SALT back’
Donald Trump made the promise about state and local taxes in a Truth Social post attempting to court New York voters to back him in the presidential election.
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
While markets have made up their mind that the Fed is going to cut, there’s a vigorous debate over how far policymakers will go.
