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The Federal Reserve voted to cut interest rates Wednesday by another quarter percent, in an effort to prop up a sagging job market. Fed officials warned they'll be cautious about more cuts in 2026.
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The central bank cut interest rates by a quarter of a percentage point, seeking to steady a softening labor market.
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The central bank is widely expected to lower its benchmark lending rate on Wednesday. But investors are worried about what comes afterward.
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Domestic-law sale paves way for serial defaulter to tap international investors next year
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Three members of the Federal Open Market Committee didn't agree with the central bank's quarter percentage point cut on Wednesday.
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Oracle Stock Slides As Mixed Results Fail To Shake AI Fears Investor's Business DailyOracle stock sinks as revenue falls short of Wall Street estimates Yahoo FinanceOracle's stock slides 11% on revenue miss even as AI backlog soars cnbc.comOracle's mixed earnings fail to dispel AI fears, and the stock falls MarketWatch
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