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.
Benchmark bond yields are ‘bad news’ for investors as the Fed hikes rates by 0.75%. What it means for your portfolio
An inverted yield curve between the 2-year and 10-year Treasurys may signal a future economic downturn. Here’s what investors need to know.
Stocks making the biggest moves midday: Freyr Battery, Stitch Fix, General Mills, Trupanion and more
These are the stocks posting the largest moves in midday trading.
Mark Zuckerberg: The metaverse will unfold in 3 steps, and one is happening ‘sooner than I thought’
On Joe Rogan’s podcast, Mark Zuckerberg said virtual fitness platforms are already drawing everyday users into the metaverse.
Watch JPMorgan Chase CEO Jamie Dimon and six other bank leaders get grilled by Congress
CEOs of the biggest U.S. retail banks are set to testify before both chambers of Congress this week.
Here’s everything the Federal Reserve is expected to do today
The Fed has plenty of other items on its docket that will catch Wall Street’s attention.
Xpeng says its next SUV could become the company’s new best-selling car
Chinese electric car start-up Xpeng’s newest model will likely sell better than its most popular car to date, according to Brian Gu, the company’s president.
Stocks making the biggest moves premarket: General Mills, Stitch Fix, Beyond Meat and others
These are the stocks posting the largest moves before the bell.
‘Path to oblivion’: Ukraine military gains could deepen Russia’s economic woes
Ukraine’s counteroffensive, which has seen vast swathes of Russian-occupied territory get recaptured, could be compounding Russia’s economic troubles.