After nearly a year’s wait, Gilbert residents can now enjoy the new amenities at the town’s iconic water tower plaza, which is re-opening on Monday, Dec. 16. The upgrade of the 0.7 acre of land ...
The Federal Reserve's rate decision will jumpstart a strong market move into year-end, and even hawkish comments from the central bank will allow investors to emerge from a "zone of hesitation ...
The Fed cut interest rates a quarter of a percentage point on Wednesday. The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year.
WILMINGTON, N.C. (WECT) - Aqua North Carolina has completed a new 500,000-gallon water tower in the Beau Rivage community. The water tower will serve nearly 50 subdivisions and commercial properties ...
Wednesday's move marked the Fed's third consecutive rate cut and brought its benchmark short-term rate to a range of 4.25% to 4.5%. They also predicted sturdier growth, higher inflation ...
Fed officials have been trying to find the right tempo for rate cuts since starting them in September with a sizable half-point reduction, and Wednesday’s cut — the third in a row — shows ...
Major indexes had been up ahead of the meeting but tanked sharply as traders digested projections from the central bank and tuned in to Fed Chair Jerome Powell's press conference. Bond yields ...
The S&P 500 and Nasdaq have traded at or near record highs in recent days, partly in anticipation of a rate cut by the Fed. But the Dow has had a long December. Wednesday marked the 10 th ...
Following a series of interest rate hikes between March 2022 and July 2023, which were intended to help reverse rising inflation, the Fed held its benchmark rate steady for over a year.
By Jeanna Smialek Jeanna Smialek has covered the Fed for more than a decade, including throughout the first Trump presidency. Inside the halls of the Federal Reserve’s headquarters overlooking ...