U.S. stock futures were swinging on Wednesday following Tuesday’s negative moves. Futures of major benchmark indices were mixed.President Donald Trump arrived in Britain on Tuesday evening for his second state visit, greeted with royal pageantry and the announcement of a multibillion-dollar U.S. technology investment in the United Kingdom. Investors await the Federal Reserve Open Market Committee’s decision, scheduled to be announced by this afternoon.Meanwhile, the 10-year Treasury bond yielded 4.01% and t ...

U.S. stock futures were swinging on Wednesday following Tuesday’s negative moves. Futures of major benchmark indices were mixed.President Donald Trump arrived in Britain on Tuesday evening for his second state visit, greeted with royal pageantry and the announcement of a multibillion-dollar U.S. technology investment in the United Kingdom. Investors await the Federal Reserve Open Market Committee’s decision, scheduled to be announced by this afternoon.Meanwhile, the 10-year Treasury bond yielded 4.01% and t ...

By Shashwat Chauhan and Johann M Cherian (Reuters) -U.S. corporate sectors that are sensitive to interest rates will be in focus as the Federal Reserve looks poised to lower borrowing costs for the first time this year, with most having already notched up gains after Chair Jerome Powell hinted at cuts last month. After easing rates by 50 basis points in September 2024 and 25 bps each in November and December, the central bank has held borrowing costs steady at 4.25%-4.50%. Traders have almost fully pric ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Bank of America is boosting its minimum wage to $25 per hour, the Charlotte, North Carolina-based lender said Wednesday. The increase takes effect next month. With the move, the bank reaches a long-held goal to provide a $25 minimum hourly wage by 2025. The increase puts the minimum annualized salary for full-time employees over $50,000, the bank said. ...

Deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. Read on for a snapshot of CD rates today and where to find the best offers. Where are the best CD rates today? CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% to 4.5% AP ...

Find out which banks are offering the best MMA rates right now. As interest rates continue to fall following the Fed’s recent rate cuts, it’s more important than ever to ensure you’re earning a competitive rate on your savings. One option you may want to consider is a money market account (MMA). Wondering where the top money market account rates can be found today? Here’s what you need to know. Where to find the best money market account rates today From a historical perspective, money market account in ...

Here’s a look at how today’s high-yield savings account rates stack up. The Federal Reserve cut the federal funds rate three times in late 2024, which means deposit rates are now falling. It's more important than ever to ensure you're earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than the typical savings account — as much as 4% APY and higher. Not sure where to find the best savings interest rates today? Read on ...

Yes Bank stake sale: State Bank of India (SBI) has offloaded around 13.18% of its holding in SMBC, part of the Sumitomo Mitsui Financial Group (SMFG), is counted among the top foreign banks in India. SMFG itself is Japan’s second-largest banking group, managing assets worth close to $2 trillion.Back in March 2020, SBI had stepped in as the biggest shareholder of Yes Bank after the government announced the Yes Bank Limited Reconstruction Scheme. The state-owned lender later increased its holding through the ...

HELOC rates today average nationally from 8.05% to 9.59%. Lenders often base home equity line of credit rates on the prime rate, plus a margin. If the Federal Reserve lowers short-term interest rates today, HELOC costs might decline soon. Dig deeper: Is now a good time to take out a HELOC? HELOC rates Wednesday, September 17, 2025 According to Bank of America, the largest HELOC lender in the country, today's average APR on a 10-year draw HELOC remains 8.72%. That is a variable rate that kicks in after ...

Mortgage interest rates have been falling in anticipation of a Federal Reserve rate cut today. According to Zillow, the average 30-year fixed mortgage rate dropped three basis points to 6.13% while the 15-year rate fell five basis points to 5.41%. Read more: Where and how to find the lowest mortgage rates right now Today's mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.13% 20-year fixed: 5.52% 15-year fixed: 5.41% 5/1 ARM: 6.66% 7/1 ARM: ...