Finance

Fed lowers interest rates by 0.25 percentage points in first cut since 2024

Fed lowers interest rates by 0.25 percentage points in first cut since 2024

The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points — its first cut since December — as the U.S. grapples with a stalling labor market and slower econom...

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Fed signals two more cuts in 2025, raises GDP forecast for the year

Fed signals two more cuts in 2025, raises GDP forecast for the year

The Federal Reserve’s latest “dot plot,” which outlines policymakers’ interest rate projections, now signals two additional rate cuts in 2025, on top of the quarter-point move announce...

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How many more interest-rate cuts are coming? Here’s what you should be watching in Jerome Powell’s big speech.

How many more interest-rate cuts are coming? Here’s what you should be watching in Jerome Powell’s big speech.

Jerome Powell, the chairman of the Federal Serve Board.Tom Williams/CQ-Roll Call, Inc via Getty Images Twas the day of the Fed rate-cut decision, and all across Wall StreetNot a trader was s...

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What is a credit card welcome offer?

What is a credit card welcome offer?

A credit card sign-up bonus, or welcome offer, is a bonus that card issuers provide to eligible new cardholders if they meet certain requirements. The most common requirement is to spend a certai...

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Get increased savings on hotel stays with a Chase Sapphire Reserve

Get increased savings on hotel stays with a Chase Sapphire Reserve

After a big overhaul earlier this summer, the Chase Sapphire Reserve® is already gaining more benefits for travelers. Starting on Jan. 1, 2026, Chase is updating both the Sapphire Reserve and the ...

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The $40 Million ‘Free Money’ Glitch in Crypto Prediction Markets

The $40 Million ‘Free Money’ Glitch in Crypto Prediction Markets

A new academic paper suggests there’s been a steady stream of “free money” lying around on Polymarket—and smart traders have been scooping it up. The paper, Unravelling the Probabilistic Forest: ...

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