adminT-Mobile CEO talks Sprint merger, iPhone 16 demand, what’s next
High-octane T-Mobile (TMUS) CEO Mike Sievert is back with more big promises to investors four years after his company's last capital markets day with Wall Street. The company is targeting…
Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
By Mehnaz Yasmin (Reuters) – The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former…
US homebuilder stocks surge on hopes for demand boost after Fed rate cuts
Shares of major US homebuilders surged in premarket trade on Thursday, buoyed by expectations of higher demand due to reduced borrowing costs after the Federal Reserve unveiled an oversized interest…
US-listed crypto stocks jump after bumper rate cut from Fed
By Niket Nishant (Reuters) – U.S.-listed crypto shares jumped before the open on Thursday after a half-percentage point interest rate cut sparked a flight into risky assets, adding to the…
Stocks Rally Gathers Momentum as Fed Cut Sinks In: Markets Wrap
(Bloomberg) — Share futures rallied alongside Asian equities on expectations the Federal Reserve’s half-percentage-point interest-rate cut will guide the world’s largest economy toward a so-called soft landing. Most Read from…
Bitcoin Climbs With US Equity Futures as Traders Digest Fed Cut
(Bloomberg) — Bitcoin hit a three-week high alongside a jump in US equity futures as an outsized Federal Reserve interest-rate cut rippled across markets. Most Read from Bloomberg The digital…
Fed Opens Up Policy Space Around the World Without Feeding Panic
(Bloomberg) — The Federal Reserve’s bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon for counterparts spanning…
Dollar rebounds after Fed goes big on rate cut
By Rae Wee SINGAPORE (Reuters) – The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut…
Fed’s Powell: Central bank forecasts don’t point to urgent action
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecasts for the path of interest rate cuts don't imply an urgent…
Fed lowers interest rates by half point in first cut since 2020
This report is developing. Refresh for the latest version. The Federal Reserve slashed interest rates by a half percentage point Wednesday and charted a course for two additional cuts this…
