The Federal Reserve cut interest rates Wednesday for the first time since 2020 as it switched gears from battling high inflation to keeping the labor market healthy. The half-percentage-point cut was unusually large for the central bank — it tends to move rates up or down by a quarter-percentage point — but not entirely unexpected. … Read more
America is just over seven weeks away from Election Day, and investors are beginning to get as jittery as both parties’ supporters. According to a recent survey conducted by global asset management group Janus Henderson, 6 in 10 investors say they plan to reduce portfolio risk until the election is decided. But is that a … Read more
Exchange-traded funds have exploded in popularity since 2000, growing from 66 at the turn of the century to 3,108 in 2023, according to the Investment Company Institute. They are now the most recommended investment by financial planners. Today, ETFs come in all shapes and sizes. Thematic ETFs focus on specific industries like electric vehicles, AI … Read more
We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. Stocks are on their way to close out a strong week, erasing investors’ losses from the recent sell-off. The S&P 500 and Nasdaq surged for … Read more