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US bank stocks rise as jumbo rate cut eases default risk, cost concerns

(Reuters) - U.S. bank stocks rose in premarket trading on Thursday, a day after the Federal Reserve cut interest rates by 50 basis points,...

The Federal Reserve is finally lowering rates. Here’s what consumers should know

NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans,...

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