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Here are the main takeaways culled from conversations and research notes from experienced Fed watchers.
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The Federal Reserve on Wednesday delivered on a widely anticipated quarter percentage point interest rate cut.
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Spirit is slashing its November schedule by 25% and is bracing staff for more job cuts.
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There's one thing that matters most to companies when they make hiring decisions, an expert says
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Engardio recall: Could San Francisco really reopen the Great Highway? San Francisco ChronicleSan Francisco Politician Recalled Over the Great Highway's Closure The New York TimesSan Francisco Supervisor Joel Engardio accepts election results as voters recall him from office KTVUJoel Engardio recalled: Now anyone can be recalled by everyone Mission Local
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The U.S. central bank is widely expected to cut interest rates for the first time this year, despite the economy sending mixed signals.
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Dow closes up 250 points, S&P 500 inches lower after Fed delivers widely expected rate cut: Live updates CNBCStock market today: S&P 500, Nasdaq slip as Federal Reserve ushers in first rate cut of 2025 Yahoo FinanceWhy stocks are falling as the Fed issues its first rate cut of 2025 Business InsiderFed Meeting Today: Interest Rates Cut by a Quarter-Point; Dow Closes Higher — Live Updates The Wall Street Journal
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The Fed is likely to lower interest rates by a quarter percentage point Wednesday in an effort to cushion the sagging job market. The move comes as policymakers face growing pressure from Trump.
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