markets

Fed declines to hike, but points to rates staying higher for longer

The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…

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, according to…

Stocks making the biggest moves midday: Instacart, Steelcase, Klaviyo and more

Check out the companies making headlines in midday trading. Instacart — Instacart shares fell nearly 11% one day after going…

‘Watch out’: Senate Intelligence chair cautions on AI ‘deep fakes’ ahead of 2024 election

WASHINGTON — The chairman of the Senate Select Committee on Intelligence warned Wednesday that artificial intelligence could be manipulated to…

Take the Fed forecast with a grain of salt. It has a terrible track record

On Wednesday, the Federal Reserve will publish its latest economic forecasts. There will be an intense focus on the Summary of…

Apple and Goldman were planning stock-trading feature for iPhones until markets turned last year

As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on…

Stocks making the biggest moves premarket: Pinterest, Instacart, Bausch Health and more

Check out the companies making headlines before the bell. Dollar General — Dollar General shares fell 2% after JPMorgan downgraded…

Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why

Ark Invest CEO Cathie Wood said she did not participate in Arm’s blockbuster initial public offering last week because she…

Here’s everything the Fed is expected to do Wednesday

As often has been the case, this week’s Federal Reserve meeting will be less about what policymakers are doing now…