Dow closes at new record high on rate cut rally: Here’s what’s next for Wall Street

Fed Chair Jerome Powell said Friday at an economic summit in Wyoming that “the time has come” for monetary policy to loosen, all but cementing a September rate cut. Powell also indicated that ... Read More

Exclusive-ECB Policymakers' Views Converging on Sept Rate Cut, Sources Say

JACKSON HOLE, Wyoming (Reuters) - A growing number of European Central Bank policymakers are lining up behind another interest rate ... cut, the decision is unlikely to be controversial. ECB ... Read More

Here's the mortgage interest rate forecast for fall 2024

That said, in ... a mortgage interest rate you could secure here now. Many experts we interviewed believe mortgage rates will gradually decline this fall. With the Fed expected to cut rates ... Read More

Nvidia, Microsoft release new small language models

Nvidia Corp. today released a lightweight ... which allows it to ingest lengthy business documents. A benchmark test conducted by Microsoft determined that Phi-3.5-mini-instruct can perform ... Read More

Breaking Down OKC Thunder’s Two-Way Trio

Not only does the Thunder boast several star-level players who are ready to lead the way today, but there are also several younger pieces who are still developing. Since the inception of the two ... Read More

How to watch the US Open tennis tournament today: Biggest upsets, livestream options, full schedule

CBS Essentials is created independently of the CBS News editorial staff ... Sling TV: The most cost-effective way to stream the US Open and sports this fall If you don't have cable TV that ... Read More

ECB’s Kazaks Is ‘Very Much Open’ to Rate Cut in September

European Central Bank Governing Council member Martins Kazaks said he’s ready to discuss another reduction in interest rates ... a discussion of yet another rate cut in September,” the hawkish ... Read More

Alaska, Hawaiian Airlines merger clears antitrust hurdle, airline says

The nearly $2 billion deal, the first airline merger in almost a decade, is expected to significantly ... Department did not immediately respond to inquiries. “The time period for the U.S ... Read More

Nvidia isn't the only way to invest in AI—how to choose an AI ETF

Chipmaking giant Nvidia ... way American companies do business, Nvidia will be far from the only major beneficiary. Get top local stories in DFW delivered to you every morning. Sign up for NBC DFW ... Read More

Inflation fell to 2.2% in Europe, clearing the way for an ECB rate cut in September

opening the door for the European Central Bank to cut interest rates again to lower borrowing costs to support economic growth and jobs. The ECB made a first rate cut in June, then hit pause in ... Read More