Bloomberg News reported that the Securities and Exchange Commission would stop short of banning payment for order flow.
Category: Finance News
Stocks making the biggest moves premarket: Accenture, Darden Restaurants, home builders and more
These are the stocks posting the largest moves before the bell.
Bank of England raises rates by 50 basis points, in seventh consecutive hike
The Bank of England voted to raise its base rate to 2.25% from 1.75% Thursday, lower than the 0.75 percentage point rise that had been expected by many traders.
Trip.com says China hotel bookings are surpassing pre-pandemic levels
That growth came despite continued sporadic lockdowns and travel restrictions across China to control Covid outbreaks.
The most common crime in UK hotels isn’t theft
Freedom of information requests to U.K. police forces reveal the types of crime most prevalent in hotels.
FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round
Crypto exchange FTX is looking to raise more money as the company seeks to expand its portfolio during the market downturn.
Stocks making the biggest moves after hours: H.B. Fuller, KB Home, Lennar and more
These are the stocks posting the largest moves in extended trading.
Fed raises rates by another three-quarters of a percentage point, pledges more hikes to fight inflation
The Federal Reserve concluded its two-day meeting Wednesday, with markets widely expecting a 0.75 percentage point interest rate increase.
The Fed forecasts hiking rates as high as 4.6% before ending inflation fight
The Federal Reserve will raise interest rates to up to 4.6% in 2023 before the central bank stops its fight against soaring inflation.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on July 27.