Jerome Powell – One America News Network

Michael Pistillo works on the floor at the New York Stock Exchange in New York, Tuesday, Nov. 11, 2025. (AP Photo/Seth Wenig)

US stocks are drifting around their records as AMD rallies

The S&P 500 added 0.1% in morning trading and remains near its all-time high set a couple weeks ago.

WASHINGTON, DC - OCTOBER 29: Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC. For the second straight month, Powell announced a quarter-point cut to the federal funds rate, bringing rates down to a new range of 3.75 percent to 4 percent. (Photo by Alex Wong/Getty Images)

Fed cuts interest rates to lowest level in 3 years

The Federal Reserve cut its benchmark interest rate to its lowest level in three years, lowering the federal funds rate target range by 0.25 percentage point to 3.75%–4.00%.

WASHINGTON, DC - SEPTEMBER 17: Federal Reserve Chair Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee at the Federal Reserve on September 17, 2025 in Washington, DC. In the face of a softening labor market, Powell announced a quarter-point cut to the federal funds rate, bringing rates down to a new range of 4 percent to 4.25 percent. (Photo by Chip Somodevilla/Getty Images)

Federal Reserve cuts interest rates, suggests more reductions to come

The Federal Reserve announced a quarter-point reduction in its key interest rate on Tuesday, lowering it to a range of 4.00% to 4.25%. This marks the first rate cut since December of last year.

Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee's statement on interest rate policy, in Washington, D.C., U.S., September 17, 2025. REUTERS/Elizabeth Frantz

Fed lowers interest rates, signals more cuts ahead; Miran dissents

The Federal Reserve reduced interest rates for the first time since December and indicated more cuts would follow to halt any signs of weakness.

BofA expects Fed to deliver two cuts this year after soft jobs report

BofA Global Research on Friday forecast the U.S. Federal Reserve to deliver two 25 basis point cuts, in September and December, after a soft jobs report.

Rep. Maxine Waters (D-CA) attends a news conference with Democratic members of the House Financial Services Committee and the Sustainable Investment Caucus at the U.S. Capitol on July 12, 2023 in Washington, DC. The lawmakers discussed corporate environmental and social policy investing. (Photo by Drew Angerer/Getty Images)

Rep. Maxine Waters urges use of 25th Amendment to find out what’s ‘wrong’ with Trump

Representative Maxine Waters has called for using the 25th Amendment on President Donald Trump to find out what’s “wrong with him.”