The Latest Breaking News from US Federal Reserve

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.47%. Dec E-mini S&P futures (ESZ24 ) are down -0.09%, and Dec E-mini Nasdaq futures...

Equity indexes opened higher but drifted lower as markets priced in new Fed forecasts.

Fed's revised projections cause market downturn, highlighting the need for vigilance in navigating economic landscapes.

The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before

Bitcoin has shed some $4,000 overnight after Fed Chair Jerome Powell said the U.S. central bank isn't allowed to own $BTC, which is a fact that may have affected optimism in the crypto market.

For the third time in a row, the Federal Reserve has lowered interest rates by 25 basis points. Find out how this choice impacts credit cards, student loans, auto loans, savings accounts, and mortgage rates.

The FTSE 100 was down 112p, or 1.37%, at 8,087.11, taking the index to its lowest for almost a month.

The Federal Reserve's recent rate cut indicates a stable yet slowing economy, with inflation sticking around but consumer spending strong. In light of these events, penny stocks, Ribbon Communications (RBBN), Ironwood Pharmaceuticals (IRWD), and Organogenesis Holdings (ORGO), all priced under $5, could make attractive investments. Read on….

Global markets react to Fed's rate cut, impacting U.S., European, and Asian stocks. Concerns over future rate cuts and trade policies drive market movements.