The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data showed inflation is now running below expectations.
Chinese EV maker Nio releases a smartphone it expects at least half of its users to buy
Chinese electric car brand Nio released an Android smartphone on Thursday. CEO William Li spoke with CNBC in an exclusive interview ahead of the launch.
These are the 50 best hotels in the world
The best hotel in the world is Passlacqua, an 18th century villa on the edge of Italy’s Lake Como, according to the 50 Best organization’s inaugural ranking.
Fed signals it will raise rates one more time this year before it ends hiking campaign
The Federal Reserve stayed put on Wednesday but forecast it will raise interest rates one more time this year.
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve on Wednesday released its decision on interest rates and updates on the economy.
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 26.
Stocks making the biggest moves midday: Instacart, Steelcase, Klaviyo and more
These are the stocks posting the largest moves in midday trading.
The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown
A looming government shutdown could prevent the Federal Reserve from raising rates in November, Bank of America says.
Take the Fed forecast with a grain of salt. It has a terrible track record
Should you change your investment portfolio based on the Fed’s projections? You probably should not.
Stocks making the biggest moves premarket: Pinterest, Instacart, Bausch Health and more
These are the stocks posting the largest moves in premarket trading.