Fed cuts interest rates a half point in landmark policy shift
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage point, or opt for a larger half-point cut. The tool estimated the probability of a half-point cut at 65% and the odds of a quarter-point cut at 35%.
FOX Business' Edward Lawrence has more on the data showing job growth weaker than reported on 'Special Report.' Jeff Bezos appears to have taken delivery of the newest, most-hyped private jet on ...
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest ...
New data should bolster expected Fed cut later this month to benchmark rate that’s stood at two-decade high since last summer ...
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...
Since 2019, the preliminary estimate of the benchmark revision has been below the final revision by an average of 100,000 jobs. "Our earlier analysis suggests that benchmarking to the QCEW could ...
Mercor, led by three 21-year-old Thiel Fellows, has raised $32 million in a Series A led by Benchmark at a $250 million ...
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