U.S. stocks ended mixed on Wednesday in a choppy trading session, with the Dow ending higher after the Federal Reserve cut interest rates by a quarter percentage point as expected. However, Federal Reserve Chairman Jerome Powell suggested that the rate cut doesn’t mean the beginning of a long monetary policy easing cycle. The Nasdaq finished…
The stock market hit record high after record high over the past month as Wall Street anticipated a Federal Reserve interest rate cut that finally came. Investors got answers Wednesday afternoon, a day before our September Monthly Meeting, which will be livestreamed at noon ET . The Fed announced a quarter percentage point reduction —…
There was a lot of confusion over the Federal Reserve’s rate decision and outlook Wednesday afternoon. Yes, the central bank made the rate cut the market wanted and signaled more were coming. But Chair Jerome Powell characterized it as just a “risk management” cut, pouring cold water on some of the enthusiasm. The Fed’s so-called…
By Purvi Agarwal and Sukriti Gupta (Reuters) – U.S. stock index futures gained on Thursday, with those tied to the S&P 500 and the Nasdaq at record highs a day after the U.S. central bank delivered a quarter-point interest rate cut, while Intel climbed after Nvidia decided to build a stake in the company. Intel…
A trader works on the floor at the New York Stock Exchange in New York City, U.S., Sept. 17, 2025. Brendan McDermid | Reuters Stock futures jumped on Thursday as investors rotated back into their favorite technology stocks now that the Federal Reserve has lowered rates and signaled more cuts are on the way. S&P…
Federal Reserve Chair Jerome Powell has sounded the alarm on what many recent graduates already know—getting a job right out of college is really hard right now. Speaking at his regular press conference following the Federal Open Market Committee meeting, Powell called it “an interesting labor market.” He said people “kids coming out of college…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Wait is over: The Federal Reserve on Wednesday afternoon cut its benchmark overnight lending rate by a quarter percentage point, bringing its target range to 4%…
Cracker Barrel (CBRL) is set to report its quarterly results Wednesday after market close. The stock has faced a turbulent month as investors responded to backlash against its new logo and redesigns. The company has since reverted to its previous logo and paused restaurant redesigns. Now, investors are eager to hear more about how its…
Stephen Miran, chairman of the Council of Economic Advisers and US Federal Reserve governor nominee for US President Donald Trump, arrives for a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Thursday, Sept. 4, 2025. Daniel Heuer | Bloomberg | Getty Images Newly-confirmed Federal Reserve Governor Stephen Miran dissented…
By Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily publications in North and South Carolina. As an executive editor, Gabe led award-winning coverage of Charleston church shooter Dylan Roof’s capture in 2015, along with coverage of the Alex Murdaugh double murder…