Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

EXPLAINED: 45 | Vintage Vibes

Asian shares are mixed after US stocks fall on weakened hopes for a September interest rate cut

Asian shares are mixed after most U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September

The Independent UK

Bitcoin, Ethereum Move Sideways, Dogecoin Falls Amid Jerome Powell's Hawkish Tone On Rate Cuts: Analyst Says Dip Temporary Before BTC Highs

Leading cryptocurrencies felt the pinch on Wednesday after Federal Reserve Chair Jerome Powell said “no decision” has been made on a September rate cut.

Benzinga

The Federal Reserve Rightly Rejects Trump's Calls for Lower Interest Rates

Maintaining the elevated federal funds rate makes borrowing more expensive, but the alternative is artificially cheap money, malinvestment, and inflation.

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

Stocks Are Up and Down on Fed Day: Stock Market Today

In another sign of changing times, JPMorgan has partnered with Coinbase to enable cryptocurrency purchases with credit cards.

Kiplinger

Powell Puts Breaks On September Rate Cut—And Trump Triggers A Metal Market Crash

Federal Reserve Chair Jerome Powell held firm on monetary policy, calling the central bank's current stance “modestly restrictive” and reiterating that no decision has been made about a rate cut in September.

Benzinga

‘Is Jerome Powell Just Evil?’: Grant Cardone Slams Fed Chair Because ‘High Interest Rates’ Are Hurting ‘Regular People’

Grant Cardone’s critical view of high U.S. interest rates reflects his longstanding advocacy for everyday investors and aggressive style in challenging financial policy.

Barchart

US Federal Reserve leaves rates unchanged despite Trump pressures

The decision also drew dissent from two of the central bank’s governors, both Trump appointees.

Al Jazeera

Read news from The Economist, FT, and more,
with one subscription

Trump hits ‘too late’ Jerome Powell as Federal Reserve keeps interest rates steady despite two board dissenters

President has failed to bully the central bank into lowering interest rates to artificially boost the US economy but double dissent on board is rarity

The Independent UK

Fed Skips Rate Cut Again—But Reveals Something We Haven't Seen Since 1993

Anticipation was sky-high heading into a politically charged Federal Reserve meeting, after months of relentless pressure from President Donald Trump to deliver rate cuts, but the central bank didn't budge.

Benzinga

Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut

The Fed cited the economy’s resilience as part of its motivation for maintaining rates.

Fortune

US Q2 GDP growth masks broader economic downturn

Consumer spending ticked up slightly after a near halt, but private sector investments plunged in the second quarter.

Al Jazeera

Powell Cornered? Strong GDP, Jobs Data Weaken September Rate Cut Odds

After a quarter of contraction and political pressure mounting, the U.S. economy's surprise second-quarter growth and a sharp rebound in private jobs in July have weakened the case for a September rate cut, leaving Fed Chair Jerome Powell in the hot seat ahead of Wednesday’s pivotal policy decision.

Benzinga

Trump has given Powell 'no motivation to cooperate' says former White House commerce secretary—he might now be paying the price for it

Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.

Fortune

‘Exorbitant privilege’: Can the US dollar maintain its global dominance?

Despite global shifts, analysts agree the US dollar’s reserve currency status is unlikely to be replaced for decades.

Al Jazeera

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - US

Divided Fed leaves interest rates unchanged despite Trump pressure

Two Federal Reserve governors vote against decision as US GDP grows at an annual rate of 3% in second quarter

Fortune

The markets are poised for volatility today if they see anything that looks like a vibe shift at the Fed

Investors are positioning themselves for some excitement today. They are likely to get it—as we get new numbers on U.S. GDP, a new rate decision from the Fed, and ADP reports on private payrolls.

Benzinga

Stock Market Today: US Future Edge Higher Ahead Of FOMC Decision—Meta, Microsoft Earnings In Focus

U.S. stock futures rose on Wednesday after ending lower on Tuesday. Futures of major benchmark indices were slightly higher.

Barchart

The Fed Will Cut Interest Rates

The US Federal Open Market Committee will cut rates again. Someday. Just not today.

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times

US Fed Set To Hold Firm Against Trump Pressure

The US central bank is expected to defy political pressure and keep interest rates unchanged Wednesday at the end of a two-day policy meeting, as the effects of President Donald Trump's tariffs emerge.

Kiplinger

UnitedHealth Stock Drags on Dow: Stock Market Today

Corporate earnings have dominated Wall Street's attention this week, but that changes on Wednesday.

Benzinga

Trump Toasts Tariff Victory As Economists Quietly Junk Their Trade Forecasts

When President Donald Trump threatened to hike tariffs on all U.S. trading partners at the start of the year, a rush of foreign goods flooded into the country as businesses scrambled to stockpile inventory ahead of higher costs.

Evening Standard

FTSE 100 climbs as earnings cascade brings cheer

Shares of Games Workshop, AstraZeneca, Barclays and Entain moved higher.

Euronews

Investors pivot to UK stocks as US faces continued instability

UK stocks boost performance as foreign investors shift away from US assets, citing 'higher-risk' concerns.

GOBankingRates

3 Ways a Trump-Powell Faceoff Could Affect Your Wallet This Summer

A Trump-Powell clash could shake up interest rates, inflation and your summer spending. Here are 3 ways it might hit your wallet.

Fortune

Jerome Powell has a chance to appease Trump with a rate cut, so will he? Not likely

Analysts see signs of a shift toward easing—possibly beginning in September—but with no guarantees offered after this week's meeting.

1 … 44 45 46 47

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations