Category: Uncategorized
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Federal Reserve raises interest rates to curb inflation, despite pressure from Trump
The Federal Reserve raised interest rates by a quarter of a point Wednesday, marking the first such increase in three years. The move came in the face of discouraging data on inflation and consumer prices that forced the hand of Fed Chairman Kevin Warsh just four months after Donald Trump appointed him. The developments were…
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Live updates: House will recess early; Federal Reserve board set to announce interest rates
House Republican leaders are cutting short the final legislative week before the midterm elections, announcing Wednesday that lawmakers will leave Washington after votes. The move not only allows lawmakers to head home early for the campaign trail. It also means that lawmakers will not be forced to take a vote on impeaching Secretary of Defense…
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Federal Reserve hikes interest rates for first time since 2023 amid stubborn inflation
<!–> Former Trump Treasury official Christina Skinner discusses the economic impact of a potential Fed rate hike and how President Donald Trump could respond. This story about the September 2026 FOMC meeting will be updated with further details. The Federal Reserve on Wednesday raised its benchmark interest rate for the first time in over three years…
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This Goldman Sachs Indicator Hit 0 Only 4 Other Times in the Last 20 Years. History Says Big Tech Rallies Followed
A Goldman Sachs options gauge just flashed a signal so rare it has appeared only four other times in two decades, and the timing of each previous instance tells a striking story about where tech stocks headed next. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for…
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ConocoPhillips Sold 43,000 South Texas Acres for $1.2 Billion. At 63, a Landowner Can Keep Getting Oil Royalties Without Social Security Calling Them Work.
A 63-year-old mineral owner collects royalty checks while another company drills his wells, but filing for Social Security early turns that seemingly passive income into a high-stakes question about which dollars actually count against him. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through…
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Federal Open Market Committee press conference: Live coverage
Key insight: The Federal Open Market Committee is broadly expected to raise interest rates this week in response to persistently high inflation. Expert quote: “By declining forward guidance, and without a reaction function to stress the conditionality around the decision, equivocating might sound like unwillingness to hike further, undermining the benefits of having hiked and…
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Federal Reserve weighs interest rate hike as inflation and energy costs rise
The Federal Reserve is set to announce a closely watched interest rate decision Wednesday as policymakers confront rising inflation and higher energy costs. 1 hour ago (NBC)- The Federal Reserve is set to announce a closely watched interest rate decision Wednesday as policymakers confront rising inflation and higher energy costs. The Federal Open Market Committee…
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Federal Reserve expected to announce interest rate increase – live
From 24m ago Federal Reserve expected to announce first interest rate increase in three years Good afternoon. The US Federal Reserve is widely expected to raise interest rates for the first time since 2023 amid persistently high inflation. After deciding to hold rates steady at its last meeting in July, the Fed is now anticipated…
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Semiconductor Stocks Just Tumbled. This Tech ETF Soared 6% Instead. Here's Why.
Something surprising happened to tech stocks on Monday. As semiconductor manufacturers sold off, one segment of the artificial intelligence (AI) trade soared instead. Chip stocks fell after two frontier AI CEOs, Dario Amodei of Anthropic and Sam Altman of OpenAI, published weekend warnings about the pace of AI development and its risks. Normally, that kind…
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Federal Reserve expected to raise interest rates for the first time since 2023
Federal Reserve Chair Kevin Warsh speaks during a news conference on July 29, 2026, in Washington, D.C. (Win McNamee/Getty Images) (WASHINGTON) — The Federal Reserve on Wednesday will issue a decision on the level of interest rates as the United States weathers a months-long bout of elevated inflation set off by the Iran war. Global oil prices are…