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Tag: interest rate cuts

A screen displays the Dow Jones Industrial Average after the close of trading for the day on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 20, 2024. REUTERS/Brendan McDermid/file photo

Wall St gains after Friday sell-off, Mideast tensions subside

Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.

Read More Wall St gains after Friday sell-off, Mideast tensions subside
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger

What to expect in 2024: Forecasts for GDP, inflation and other assets

Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this year.

Read More What to expect in 2024: Forecasts for GDP, inflation and other assets
An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo

US job growth blows past expectations; unemployment rate falls to 3.8%

U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.

Read More US job growth blows past expectations; unemployment rate falls to 3.8%
Chicago Fed President Austan Goolsbee reacts as he heads into the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, U.S., August 24, 2023. REUTERS/Ann Saphir/File Photo

Fed’s Goolsbee says he sees three rate cuts this year

Chicago Federal Reserve Bank President Austan Goolsbee said that he penciled in three rate cuts for this year.

Read More Fed’s Goolsbee says he sees three rate cuts this year
FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier

Bitcoin hits record high on increased investor appetite

Bitcoin hit a record high, fueled by investors pouring money into U.S. spot exchange-traded crypto products.

Read More Bitcoin hits record high on increased investor appetite
FILE PHOTO: Bitcoins are seen in this illustration picture

Bitcoin set for biggest monthly jump since 2020 amid ETF boost

Bitcoin surges towards a record high fueled by ETF approvals and investor excitement, marking its largest monthly gain in over three years.

Read More Bitcoin set for biggest monthly jump since 2020 amid ETF boost

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