Newly confirmed Federal Reserve Governor Stephen Miran dissented from the central bank’s decision.
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 in July.
Sales of heavy trucks are falling like the U.S. is headed for a recession
Heavy trucks sales have dropped to levels not seen in four years, according to the U.S. Bureau of Economic Analysis.
Stocks making the biggest moves midday: Lyft, Walmart, Nvidia, Baidu & more
These are the stocks posting the largest moves midday.
Stocks making the biggest moves premarket: Nvidia, Alibaba, Workday, Netflix and more
These are the stocks posting the largest moves in premarket trading.
Sticky UK inflation unlikely to move the needle for Bank of England
The Bank of England is watching inflation data closely after forecasting the consumer price index could peak at 4% in September.
China keeps tight grip on rare earths, costing at least one company ‘millions of euros’
The European Chamber of Commerce in China said that after a pickup in rare-earth export license approvals this summer, members have found it harder to get access.
Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture
While the rate decision is fairly pretty much in the bag, what happens from there is anybody’s guess.
Stocks making the biggest moves midday: Webtoon Entertainment, Steel Dynamics, Hims & Hers and more
These are the stocks posting the largest moves midday.
JPMorgan can now help you find a private jet or butler
The move comes as private banks and wealth management firms seek to find ways of serving clients outside of core investing and financial advice.