Editor’s Pick

By Yomna Ehab and Jaidaa Taha DUBAI/CAIRO (Reuters) – Most Gulf central banks cut their key interest rates on Wednesday after the Federal Reserve decreased U.S. rates by half a…

By Nupur Anand and Saeed Azhar NEW YORK (Reuters) – U.S. consumers are expected to get a quick reprieve on borrowing costs from banks after the Federal Reserve cut interest…

(Reuters) – Truist Financial (NYSE:TFC) said on Wednesday that the bank has lowered its prime lending rates by 50 basis points to 8%, effective Thursday, matching the U.S. Federal Reserve’s…

By Yasin Ebrahim Investing.com — The Federal Reserve cut interest rates by 50 basis points on Wednesday, and lifted forecasts for further rate cuts this year, as the central bank kicks…

Watch live as the Fed Chair Jerome Powell speaks on interest rates, outlook for the U.S. economy. Minutes ago, the Federal Reserve cut interest rates by 50 basis points. This…

NEW YORK (Reuters) – Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in on Wednesday about 76 basis points of…

WASHINGTON (Reuters) – U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end, more than they anticipated in June, as inflation approaches their…

(Reuters) – The Federal Reserve’s decision to cut interest rates by half a percentage point on Wednesday marked the closest the central bank has come in launching an easing cycle…

(Reuters) -Amazon.com is raising the pay of its fulfillment and transportation staff in the United States by at least $1.50 an hour and handing out free Prime memberships as benefits,…