News

Bessent says he’s not pushing Fed cuts, just touting models

U.S. Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...

Morgan Stanley Preferred Stock To Benefit From Fed Funds Rate Reduction

Morgan Stanley 4.250% Depositary Shares Non-Cumulative Preferred Stock, Series O offers a compelling risk-reward profile in ...

MEGI: Outlook Depends On Outlook Of Interest Rates

Discover MEGI's 10%+ yield potential with a focus on decarbonization & infrastructure. Explore its risks, NAV discount, and ...

Fed's Daly: Two rate cuts, more or less, appropriate this year

San Francisco Federal Reserve Bank President Mary Daly, in an interview following economic reports showing ...

Fed Portfolio Shift Could Hand Treasury $2 Trillion, BofA Says

A possible shift in the composition of the Federal Reserve’s portfolio of Treasury holdings could result in the central bank ...

Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok

CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve ...

Dow ends higher after UnitedHealth gains, other indexes slip on rate cut uncertainty

The blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth's shares jumped after ...

Mother Says She Donated Daughter's Pony to Zoo to be Fed to Lions

A mother recently took up a zoo's request to donate pets to feed predators in the facility. In a recent interview with The ...

Weekly mortgage rates fall again as September rate cut seems likely

The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.

Wall Street finishes its latest winning week with a fade

NEW YORK — U.S. stocks edged back from their record levels on Friday in a quiet finish to another winning week. The Standard ...

The Fed Might Cut Rates in 5 Weeks—Get 5% on Your Cash Before It's Too Late

With the Fed expected to change course soon, now’s the time to put your cash in a top-paying account and capture strong ...

Wedding Budget Feeling Tight? Today’s High Interest Rates Can Help You Save Hundreds More

Today’s high yields on savings could help your wedding fund grow faster. Learn how to turn the current rate environment into ...