At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

Investors have cheered a dovish speech on US interest rates from the world’s most powerful central banker, Jerome Powell.

America’s gross federal debt has surged past 37 trillion U.S. dollars, a milestone reached earlier this month and five years ...

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

The local market is set to extend its rally after an unexpectedly dovish tone from the Federal Reserve unleashed a wave of ...

Personal loans can be a smart alternative to credit cards, often offering lower interest rates and a chance to build or ...

In a key Friday speech, Powell warned that risks of higher inflation and a weakening jobs market created a "challenging situation." ...

The Federal Reserve’s annual economic symposium is winding down; the Wallabies suffer tight loss to South Africa. Follow live ...

The Fed chair’s measured approach leans toward cautious easing amid a “curious” labor market, despite inflation perils.

The assumption is that next month will see the first-interest rate cut; the question most are already asking is how many more ...

The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an ...

The financial world was abuzz on Friday as Federal Reserve Chair Jerome Powell hinted at a potential interest rate cut in ...