The Federal Reserve raised its benchmark interest rate to the highest level in 15 years, indicating that the fight against inflation is not over yet.
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 Nov. 2.
New FTX CEO is getting paid $1,300 an hour, and customers will foot the bill
Overall, Ray and his three-person team are taking home $4,225 an hour.
Health insurance is helping cool inflation. But ‘it’s not a very good reflection’ of what people pay, cautions economist
Health insurance prices deflated the last two months, per the consumer price index, and are poised to fall more. That may not reflect what consumers pay.
Stocks making the biggest moves midday: SoFi Technologies, Charter Communications, Delta and more
These are the stocks posting the largest moves midday.
This 529 savings plan myth is making college pricier for families, consultant says: ‘It’s candidly, blatantly not true’
Paying for college is a financial burden, and experts say education funding myths may be adding to the student loan debt crisis. Here’s what to know.
Photos show disgraced FTX founder Sam Bankman-Fried cuffed in Bahamas on his way to jail
Sam Bankman-Fried was photographed handcuffed Tuesday night after a judge denied him bail and remanded him to Bahamas’ Fox Hill jail until Feb. 2023.
Finding low volatility stocks that generate income for what’s likely to be another tumultuous year
CNBC Pro screened for companies that are beating the S&P 500 so far this year, are less volatile than the rest of the market and have a dividend yield above 2%.
Bank of England seen hiking by a half-point as inflation shows signs of peaking
The Bank of England faces the unenviable task of navigating a slowing economy, sky-high inflation and an extremely tight labor market.
Ramit Sethi & Kevin O’Leary discuss how to increase your earning power
Get insider tips from money experts to increase your income, negotiate, and turn a side hustle into a six-figure business.