Nasdaq falls 2%, S&P, Dow drop as Wall Street rethinks pace of rate cuts
Major averages dropped Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving ...
Credit card rates have barely budged, despite interest rate cuts. Here's why
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
Dow down 300 points as S&P 500 heads for worst week since early September selloff
Stocks' torrid postelection rally petered out this week, as both the S&P 500 and Nasdaq Composite were headed for their worst weekly showing since an early September selloff. That's in stark contrast ...
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Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...