The S&P 500 and Nasdaq rose Thursday, extending Wall Street's rally in the wake of President-elect Donald Trump's victory, as traders weighed the latest rate cut from the Federal Reserve.

California was lashed by powerful winds Wednesday that fed one fast-moving wildfire near multimillion-dollar properties along ...

President Joe Biden nominated Powell to his second term, which ends on May 15, 2026. In his first term, Trump publicly ...

The S&P 500 and Nasdaq gained Thursday after the Federal Reserve's interest rate decision and as the stock market reacts to Donald Trump beating Kamala Harris to win the U.S. presidential election.

‘Trump trades’ move into overdrive as Dow, dollar and bond yields soar. What’s next for markets. Wall Street believes stocks will keep climbing on Trump victory — but here’s what could potentially ...

During Trump's first term, tensions ran high between the administration and the Fed, especially as Trump frequently criticized rate hikes in 2018. He even considered firing Powell, though many legal ...

The Fed has elected to lower its benchmark interest rate once again. Read on to see what actions you should take.

Powell said the Fed has decided to cut the benchmark interest rate by a quarter of a percent. (Photo by Kent Nishimura/Getty ...

After the Fed's two-day meeting ended on Thursday, the central bank cut its benchmark interest rate, known as the federal funds rate, by a quarter-point to between 4.5 and 4.75 percent. This is the ...

The Federal Reserve voted unanimously Thursday to approve a cut to the federal-funds rate of one quarter point. The reduction is part of the central bank’s moves to stimulate economic activity, which ...

The Federal Reserve's top official was emphatic that he and other leaders on the Board of Governors cannot be dismissed or ...

NOV 24 14:59 ET By Bryan Mena, CNN Washington (CNN) — The Federal Reserve cut interest rates by a quarter point Thursday on ...