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Fed Cut

Fed Cuts Key Interest Rate By Quarter-Point

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Scrambling to shore up the faltering economy, the Federal Reserve cut interest rates to the lowest point in nearly four years Wedne...

Will the Fed's Rollercoaster Ride Save the Dollar?

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

Will the downward pressure in commodities continue and should investors expect the end of this interest rate toboggan ride?

Fed Cut Is Bad News For Savers

USA Today | Barbara Hagenbaugh | Posted 05.25.2011 | Business

The Fed's cut is good news for borrowers but bad for savers. Lenders cut the prime rate, the benchmark for many home-equity loans. Credit card rates ...

World Stocks Mixed

AP | TOBY ANDERSON | Posted 05.25.2011 | Business

LONDON — European stock markets fell and U.S. stocks were poised to open lower Wednesday on concerns about the financial sector, though Asian in...

Message From Davos: The Recession Is Coming

Times | Gary Duncan | Posted 05.25.2011 | Business

A full-blown, prolonged recession in America is now inescapable, with the rest of the world set to be dragged into a severe global slowdown despite ye...

Oil Follows Stocks Higher on Fed Cut

AP | JOHN WILEN | Posted 05.25.2011 | Business

NEW YORK — Oil futures followed stocks higher Wednesday after the Federal Reserve cut a key interest rate, raising hopes that rate cuts and cong...

Congress Seeking New Stimulus Package To Jolt Slumping Economy

AP | ANDREW TAYLOR | Posted 05.25.2011 | Business

WASHINGTON — House Democratic and Republican leaders appeared close to agreement with the White House Wednesday night on a significantly reworke...

How Much Will Bernanke Cut?

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve delivered powerful new relief to people and businesses squeezed by the ailing economy Wednesday, cutting intere...

Stocks Recover From Sharp Losses

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — It started with another stomach-turning drop at the open, and a loss of more than 300 points by midday. Then stocks changed course, r...

Economists Fear No Quick Solution In Sight

Reuters | Emily Kaiser | Posted 05.25.2011 | Business

There is no quick cure for what ails the U.S. and global economies, but if the Federal Reserve's emergency interest rate cut on Tuesday can instill so...

World Markets Still Volatile

AP | TOBY ANDERSON | Posted 05.25.2011 | Business

LONDON — European shares dropped sharply Wednesday while Asian shares rose in a volatile market mix as investors digested the U.S. Federal Reser...

Fed Isn't Quite Finished Yet

MarketWatch | Greg Robb | Posted 05.25.2011 | Business

Tuesday's surprise interest-rate reduction by the Federal Open Market Committee doesn't mark the end of U.S. rate cuts by any means, Federal Reserve w...

Ford CEO Calls Fed Cut "Very Positive"

Wall Street Journal | Mike Spector | Posted 05.25.2011 | Business

Ford Motor Co. Chief Executive Alan Mulally said the Federal Reserve's interest-rate cut this morning is a "positive" for the auto industry. Mr. Mula...

Stocks Sink On Bad Morgan Stanley Loss

AP | Madlen Read | Posted 05.25.2011 | Business

Stock was poised to open lower Wednesday as investors awaited results from the Federal Reserve credit auction held Monday and digested Morgan Stanley'...

Oil Prices Go Up

AP | John Wilen | Posted 05.25.2011 | Business

Oil futures rose Tuesday, but retreated from earlier highs, after the Federal Reserve cut a key interest rate by one-quarter of a percentage point to ...

Stocks Trade Flat After Initial Lift

AP | Joe Bel Bruno | Posted 05.25.2011 | Business

Stocks gave up sharp gains to trade flat Wednesday after initially upbeat investors turned cool to a Federal Reserve plan to work with other central b...

Happy Birthday Ben!

Huffington Post | Michelle Kung | Posted 05.25.2011 | Business

Ben Bernanke has had a rough week so far. After cutting the interest rate by a quarter of a percentage point on Tuesday, angry investors have taken th...

Wall Street Tumbles After Interest Cut

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

The Federal Reserve dropped its most important interest rate to a nearly two-year low on Tuesday and left the door open to additional cuts to prevent ...

Wall Street Erases 272-Point Gain After Erratic Trading Day

AP | Joe Bel Bruno | Posted 05.25.2011 | Business

Wall Street finished only slightly higher in an erratic session on Wednesday as investors remained unconvinced by a Federal Reserve plan to work with ...

Stocks Jump On Fed Cut Hopes

AP | Madlen Read | Posted 05.25.2011 | Business

Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concer...

Despite Rate Cut, Wall Street's Mood Swings Expected To Continue

AP | Jeannine Aversa | Posted 05.25.2011 | Business

Like the tides, the wave of good feelings that swept over Wall Street and Main Street with the Federal Reserve's big rate cut could ebb just as quickl...