The market rallied Wednesday after the Federal Reserve hiked its federal funds rate target by 0.75 percentage points. The increase marks the largest single jump since November 1994. Wednesday’s ...
The Federal Reserve raised its benchmark interest rate by 0.75 percentage point on Wednesday — the biggest hike since 1994 — to try to curtail today's record-high inflation. While the Fed is ...
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
"This is an abusive relationship," said one commenter at a Detroit hearing on DTE Energy's request for higher electric rates.
The Bank of Japan is set to keep monetary policy steady on Friday, but signal its confidence that solid wage growth and ...
The Fed controls one interest rate: the federal funds rate, the short-term rate banks use to borrow from each other. The ...
Brazil’s central bank increased its benchmark interest rate by a quarter-point in the first hike since 2022, as a jump in ...