The S&P 500 added 0.3% on Wednesday, Aug. 13, 2025, posting a record closing high for the second straight day after mellow inflation data raised rate-cut expectations.

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...

What Happened? A number of stocks jumped in the afternoon session after markets continued to rally as a surprisingly subdued ...

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

What Happened? A number of stocks jumped in the afternoon session after markets continued to rally as investor optimism grew ...

This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...

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Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

The average cash-out refinance in the second quarter resulted in the homeowner pulling $94,000 in home equity, increasing their monthly payment by $590. On average, they also raised the interest rate ...

Major stock indexes reached another record high as traders keep betting on further interest rate cuts this year, encouraging a risk-on trade. The S&P 500 rose 0.3% while the tech-heavy Nasdaq gained 0 ...

An index of global equity markets rose to a record high for the second straight session on Wednesday, partly underpinned by ...