U.S. stocks are slumping Friday amid worries about higher inflation and tariffs, while a closely watched report gave a mixed picture of the U.S. job market. The S&P 500 was down 0.9% and on track to ...

Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...