Fed cuts interest rates; Fired CDC director and FBI's Patel testify

The Federal Reserve cut its key interest rate by a quarter-point today and projected it would do so twice more this year.
WALB

Federal Reserve cuts key rate for first time this year

The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, ...

NEA: A Rate-Cut Cycle Income Diversifier

Nuveen NEA is a top BUY for tax-free income with a 7.2% yield. Benefit from rate cuts and portfolio diversification. See more analysis here.

How the Fed's rate cut impacts mortgage rates

The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn't guarantee mortgage rates ...
Marietta Times

Wall Street coasts toward finish of another record-setting week

Wall Street is coasting toward the finish of its latest record-setting week on Friday. The S&P 500 rose 0.3% and was on track ...

Intel’s best day since the 1980s helps drive Wall Street to more records

Wall Street rolled to more records as Nvidia and Intel led a rally for technology stocks after announcing a deal that ...
Cayman Compass

Local mortgage and loan rates fall following US Fed rate cut

The US Federal Reserve's decision to cut the prime interest rate by 0.25 percentage points is already impacting borrowing rates in the Cayman Islands.