Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The tech-heavy Nasdaq Composite was leading the other two major U.S. stock-market indexes higher. The Nasdaq was up 467 points, or 2.7%, near 18,043, according to FactSet data. If those gains hold, the Nasdaq would log its best daily gain since it rose 2.
What impact will the Federal Reserve's rate cut have on stocks?
"The markets were crossing their fingers for a larger cut." The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by an unusual amount of market uncertainty as to how much the central bank would lower its benchmark rate from a two-decade high of 5.
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Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after the failure of tech ...
M2P Fintech is set to close a $80 million funding round with Helios Investment Partners leading the round and Bank Muscat ...
The agenda for the Fintech Stage at TechCrunch Disrupt 2024 is officially complete. Gain insights from fintech experts on ...
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency ...
TESS Payments, a leading Qatar-based FinTech startup, has made history by attracting a strategic Foreign Direct ...
Working capital fintech Capchase, a provider of revenue acceleration solutions for SaaS, is announcing a strategic ...
Against this backdrop, Future-of-FinTech Week aims to build on the success of World Business Chicago's Chicago Venture Summit ...
Fintech companies are bringing fresh, bold ideas into an industry that’s been dominated by banks and traditional financial ...
French fintech company Market Pay, a pan-European payment platform, is launching a new point of sale software payment ...
The Federal Deposit Insurance Corporation proposed a new rule that would require banks to keep better deposit records on ...
The recent development of AI-based technologies over the last years has caught the attention of pretty much every sector of ...
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COMMENT: How Uzbekistan is suddenly emerging as a global fintech and e-commerce leaderBy Uzum CEO Djasur Djumaev in Tashkent With its 37mn inhabitants, Uzbekistan is the most populous country in Central Asia – a ...
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