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Dow, S&P 500 in record territory
The Fed Cut Rates. Will Saving Account and CD Rates Plummet?
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks use to lend and borrow money. While the Fed’s decision to change rates doesn’t directly affect savings rates, changes in APYs typically follow. The changes can take several weeks or even months to take effect.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030. Should that level hold,
What impact will the Federal Reserve's rate cut have on stocks?
"The markets were crossing their fingers for a larger cut." The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by an unusual amount of market uncertainty as to how much the central bank would lower its benchmark rate from a two-decade high of 5.
Reuters
4d
Finance & Banking
TD Bank names Canadian
banking
head Ray Chun new CEO ... putting the focus instead on a decision about bond sales that ...
1d
The Game-Changing Advantage In Investment Banking
Strong relationships are the cornerstone of success in both sports and investment banking. Athletes can spend years ...
5d
on MSN
Digital Banking Trends in 2024
Digital trends in banking are changing the way people manage their money and accounts, but data shows that some customers ...
2d
on MSN
JPMorgan names heads for healthcare, tech investment banking
JPMorgan Chase announced on Thursday leadership changes in a push to strengthen its healthcare and technology investment ...
CNET
1d
CIT Bank: 2024 Banking Review
Mobile check deposit: You can deposit checks from anywhere with the mobile app. Low Zelle limits: You’re capped at $300 per ...
8d
How AI Is Transforming The Finance Industry
Financial firms are using AI in a variety of ways to improve operations, enhance the customer experience, mitigate risks and ...
Impacts
2d
The rise of fintech and expanding career opportunities in financial services
Fintech is the disruption currently shaping the financial industry’s future. Applying the latest technology to conventional ...
2d
Joint bank accounts: The pros and cons for every stage of life
Before you merge finances with a loved one, consider these pros and cons of joint bank accounts — and whether they’re the ...
Tech Financials on MSN
6d
From Open Banking To Open Finance: SA’s Fintechs To Drive The Next Financial Evolution
For centuries, banks were built on paper trails and brick-and-mortar branches. However, long before smartphones, banks were ...
Opinion
Hosted on MSN
11d
Opinion
Beyond banking: How tech-savvy consumers are driving financial transformation
In this article, we look at how the evolving landscape of finance is reshaping banking industry, driven by NextGen consumer's ...
3d
UK housing market ‘grappling with lack of affordable, secure and suitable homes’
The UK’s housing market has a lack of affordable and suitable homes and strong action is needed to support first-time buyers, ...
The Times of Israel on MSN
1d
US concerned Smotrich may try to collapse Palestinian banking system — officials
Finance minister has until end of next month to sign waiver allowing Israeli banks to cooperate with Palestinian ones, ...
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