Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.

Benchmark lending rates in the wake of the Federal Reserve's big rate cut last week, its first in four years, have been trudging higher. The 10-year Treasury yield was at 3.76% on Monday, about 18 basis points above its 2-year counterpart,

The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a new cycle of easing interest rates.

In the U.S., the month of September is associated with a lot of things, including the start of school and, perhaps more important, football season. It’s also known for being a particularly brutal month for the stock market.

It’s just not realistic to wait until problems show up,” he said. “If we want a soft landing, we can’t be behind the curve.”

US and European shares nudged higher Monday as investors were torn between hopes of further interest rate cuts and weak eurozone economic data.

You may be wondering if the Fed's interest rate cuts should influence your approach to retirement savings. But there's a pretty clear answer to that question -- no. Why the Fed's

The FOMC slashed the federal funds rate (the overnight interest rate) by 50 basis points to 4.88% (the rate changes depending on circumstance but will hover between 4.75% and 5%), which was double the 25-basis-point adjustment it normally uses.