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Federal Reserve meeting on Wednesday; Analysts expect interest rate cut
News

Federal Reserve meeting on Wednesday; Analysts expect interest rate cut

  • AP
  • Updated Sep 18, 2024

Wall Street ticked slightly higher early Wednesday as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in more than four years.

Consumer Watch

Cleveland Fed taps Goldman Sachs veteran Beth Hammack as new president

  • By Bryan Mena and Elisabeth Buchwald, CNN
  • Updated May 29, 2024

Washington (CNN) â€� The Federal Reserve Bank of Cleveland announced Wednesday that Beth M. Hammack will be its next president and chief executi…

Bank of England calls for urgent action on funds that nearly toppled UK financial system
Consumer Watch

Bank of England calls for urgent action on funds that nearly toppled UK financial system

  • Vuk Valcic/SOPA Images/LightRocket/Getty Images
  • Updated May 9, 2023

The Bank of England, pictured here, has called for urgent action on liability-driven investment funds that nearly toppled the UK financial system.

US labor market heats back up, adding 253,000 jobs in April
Consumer Watch

US labor market heats back up, adding 253,000 jobs in April

  • Spencer Platt/Getty Images
  • Updated May 9, 2023

US employers added 253,000 jobs in April.

US labor market heats back up, adding 253,000 jobs in April
Consumer Watch

US labor market heats back up, adding 253,000 jobs in April

  • By Alicia Wallace, CNN
  • Updated May 9, 2023

The US labor market that was poised for a spring cool just got a touch of heat.

Takeaways from the Federal Reserve meeting
Consumer Watch

Takeaways from the Federal Reserve meeting

  • Win McNamee/Getty Images
  • Updated May 9, 2023

The Federal Reserve building is shown on May 2 in Washington, DC. The Federal Reserve on May 3 announced its 10th straight interest rate hike.

Takeaways from the Federal Reserve meeting
Consumer Watch

Takeaways from the Federal Reserve meeting

  • By Alicia Wallace, CNN
  • Updated May 9, 2023

The Federal Reserve on Wednesday announced its 10th-straight interest rate hike, raising its benchmark rate by another quarter of a point and …

Dow slides over 470 points as bank shares nosedive
Consumer Watch

Dow slides over 470 points as bank shares nosedive

  • Michael M. Santiago/Getty Images
  • Updated May 9, 2023

Stocks fell steeply Tuesday as bank shares nosedive. Pictured is the New York Stock Exchange on April 26, in New York City.

Dow slides over 470 points as bank shares nosedive
Consumer Watch

Dow slides over 470 points as bank shares nosedive

  • By Krystal Hur, CNN
  • Updated May 9, 2023

Stocks fell steeply Tuesday as investors grew fearful that turmoil in the banking sector has not been contained, and ahead of a key policy dec…

Job openings tumble to lowest point in nearly two years
Consumer Watch

Job openings tumble to lowest point in nearly two years

  • Justin Sullivan/Getty Images
  • Updated May 9, 2023

The number of open jobs in the United States has dropped to the lowest level since May 2021. People walk by a now hiring sign posted in front …

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