The Latest Breaking News from US Federal Reserve

The FTSE 100 was down 112p, or 1.37%, at 8,087.11, taking the index to its lowest for almost a month.

The Federal Reserve's recent rate cut indicates a stable yet slowing economy, with inflation sticking around but consumer spending strong. In light of these events, penny stocks, Ribbon Communications (RBBN), Ironwood Pharmaceuticals (IRWD), and Organogenesis Holdings (ORGO), all priced under $5, could make attractive investments. Read on….

Federal Reserve cuts interest rates to support economy amidst global concerns about growth and trade tensions.

Federal Reserve's rate cuts impact borrowing and savings, with varying effects on credit card debt, savings accounts, mortgage rates, and auto loans.

Asian markets sank Thursday and the dollar held gains following a severe sell-off on Wall Street that came after the Federal Reserve halved its rates outlook and boss Jerome Powell warned officials' focus was back on fighting inflation.

BlackRock chief investment officer Rick Rieder calls it a "new phase" of the rate-cutting cycle.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -2.95%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -2.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -3.60%. Dec E-mini S&P futures (ESZ24 ) are down -3.14%, and Dec E-mini Nasdaq futures...

CarMax, in the midst of a turnaround attempt, smashed earnings estimates as revenue unexpectedly rose.

Futures rose after the stock market plunged Wednesday on the Fed rate outlook. Tesla is rebounding. Micron dived on guidance.