From romantic rooftops to sundowners in the sand, we’ve rounded up an extra-long list of outdoor bars in Dubai to fill your ...
Researchers have uncovered links between the precursor to the world’s oldest writing system and the mysterious, intricate designs left behind by engraved cylindrical seals that were rolled across clay ...
This evening will see largely clear skies with a few patches of light cloud lingering in places. Overnight, conditions will not change significantly but mist and fog could locally develop ...
In a statement after a two-day meeting, the Fed steered clear of any references to Trump or the election. "In the near term, the election will have no effect on our policy decisions," Fed Chair ...
When the Fed concludes its policy meeting on Thursday, most economists expect the Fed to trim its short-term benchmark fed funds rate by a quarter percentage point to between 4.50% to 4.75%.
Fed Chair Jerome Powell took questions at his post-meeting press conference, where the discussion largely centered on what President-elect Donald Trump’s return to the White House means for the ...
Expectations of Fed rate cuts typically push down mortgage rates, as they did in the lead-up to the Fed’s half-point cut in September. That downward drift was a welcome development for ...
The Fed cut, half the size of its September reduction, lowers the federal funds rate — the interest rate banks charge each other for short-term loans — to a range of 4.5% to 4.75% from its ...
The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of ...
Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: Major indexes gained as the Fed cut rates by 25 basis points, which was widely expected after an initial jumbo 50 basis ...
Asked whether he would step down amid chatter that Trump's advisers had suggested he do so, Powell replied, "No." Trump nominated Powell as Fed chairman in 2017 in his first administration.
Yet the Fed’s future moves are now more uncertain in the aftermath of the election, given that Trump’s economic proposals have been widely flagged as potentially inflationary. His election has ...