Browsing: cut

A couple of weeks ago, Dow (NYSE: DOW) cut its dividend in half due to a “prolonged industry downturn” and “to provide additional financial flexibility.” That’s…

Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday, both indicating that the central bank…

Overall employment numbers fell below what the market anticipated, with 73,000 July job additions compared to estimates for 104,000, making it more likely that a mortgage…

Rick Rieder, BlackRock’s chief investment officer for global fixed income, said July’s dismal jobs report opened the door for a jumbo rate cut from the Federal…

July Fed Meeting Recap: FOMC keeps rates steady, while Powell says a September cut is uncertain Source link

Complaints to the Consumer Financial Protection Bureau have skyrocketed in 2025, a trend that experts say is driven by a rise in complaints related to payment…

Rocket Mortgage’s acquisition of Redfin has been mischaracterized as harming competition in the mortgage lending space. The truth is that it could be a major boon…

A worker operates a forklift at a fulfillment center in Elizabeth, New Jersey.Eilon Paz/Bloomberg Shorter-term Treasuries, which are most sensitive to expectations for Fed policy, led…

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in…

President Trump’s latest salvo against Fed Chair Jerome Powell called for 1% interest rates.And he added that he’d “love him to resign if he wanted to,…