UK lenders cut mortgages as BOE cuts interest rates to provide relief to homeownersBy businessinvestopedia.comAugust 2, 20240 Traditional houses line a street in Muswell Hill, a suburb north of London, with Canary Wharf visible on the horizon.George…
Fed keeps interest rates on hold, hints at possible cut in SeptemberBy businessinvestopedia.comJuly 31, 20240 WASHINGTON: The US Federal Reserve kept interest rates unchanged on Wednesday but signalled it may cut borrowing costs at its…
Truist to cut tech jobs in restructuringBy businessinvestopedia.comJuly 16, 20240 Truist plans to cut an undisclosed number of jobs in its technology division, a bank spokesman confirmed Tuesday. The reduction…
Why the Federal Reserve won’t cut rates in SeptemberBy businessinvestopedia.comJuly 12, 20240 US Federal Reserve Chairman Jerome Powell made the remarks during a hearing of the Senate Committee on Banking, Housing and…
Amazon Stock: AI Enthusiasm and Interest Rate Cut Bets Push Amazon Valuation to $2 TrillionBy businessinvestopedia.comJune 26, 20240 Amazon.com Inc reached a market capitalization of $2 trillion for the first time on Wednesday, becoming the fifth U.S. company…
Bank of Japan to cut bond purchases but keep interest rates on holdBy businessinvestopedia.comJune 14, 20240 The Bank of Japan is widely expected to keep interest rates unchanged at the end of its two-day meeting until…
9 stocks that could benefit from a Fed rate cutBy businessinvestopedia.comJune 13, 20240 The S&P 500 and Nasdaq continued their record gains this week following weaker-than-expected Consumer Price Index data on Wednesday morning.…
The Federal Reserve probably won’t cut interest rates this summerBy businessinvestopedia.comMay 25, 20240 Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New…
Asian stocks fall, dollar rises as interest rate cut expectations waverBy businessinvestopedia.comMay 24, 20240 Asian stocks fell on Friday but the dollar strengthened as strong U.S. economic data kept interest rates high for a…
Bitcoin (BTC) price tops $66,000 as interest rate cut loomsBy businessinvestopedia.comMay 16, 20240 The Chicago Mercantile Exchange (CME) plans to offer spot Bitcoin trading based on customer demand, according to the Financial Times.…
