Fed Holds Rates, Lyft’s Stock Soars, and U.S.-U.K. Trade Deal Shakes Markets

In today's episode, we explore the Federal Reserve's decision to maintain interest rates amidst economic uncertainties, leading to a positive market response. We also dive into Lyft's remarkable 28% stock surge driven by strong first-quarter results and strategic buyback plans. Additionally, we cover the groundbreaking U.S.-U.K. trade deal that has sent shockwaves through global markets, boosting sectors like agriculture and automotive. Join us for these stories and more on Simply News Radio.

Sources:
https://www.jpmorgan.com/insights/outlook/economic-outlook/fed-meeting-may-2025
https://www.cbsnews.com/news/fed-meeting-decision-today-fomc-interest-rates-may-2025/
https://www.foxbusiness.com/economy/federal-reserve-interest-rate-decision-may-2025
https://www.federalreserve.gov/newsevents/pressreleases/monetary20250507a.htm
https://www.federalreserve.gov/monetarypolicy/files/monetary20250507a1.pdf
https://www.nbcnewyork.com/news/business/money-report/lyft-shares-pop-20-after-buyback-ceo-says-there-are-no-signs-of-worry-in-the-consumer/6258052/?os=vbkn42tqhopmkbextc
https://www.mitrade.com/au/insights/news/live-news/article-8-813146-20250510
https://www.barchart.com/story/news/32330753/lyft-stock-still-has-10x-potential-after-massive-spike
https://ragingbull.com/editorial/lyft-shares-skyrocket/
https://www.investopedia.com/dow-jones-today-05092025-11731533
https://www.whitehouse.gov/articles/2025/05/great-deal-for-america-president-trumps-breakthrough-trade-deal/
https://www.cbsnews.com/news/stock-market-djia-us-uk-trade-deal-05-08-2025/
https://www.commerce.gov/news/press-releases/2025/05/department-commerce-together-ustr-announces-historic-trade-deal-united
https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-u-s-uk-reach-historic-trade-deal/
https://neworleanscitybusiness.com/blog/2025/05/08/us-uk-trade-deal-stock-market-rally/