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Interest rates held but Bank signals rise if energy prices stay high
The Bank of England held rates at 3.75% for a sixth straight decision but warned hikes are likely if energy prices stay elevated, while overhauling its quantitative tightening programme in a move that
Federal Reserve hikes key rate to tackle ‘too high’ inflation, defying Trump demands for cut
The Federal Reserve raised its benchmark interest rate by a quarter point on September 16, 2026 — its first hike since 2023 — bringing the key rate to about 3.9% to combat inflation that Chair Kevin W
Fed Rate Hike Pressures Global Currencies, Lifts Yields
The Federal Reserve raised interest rates Wednesday for the first time since July 2023 and signaled another hike, reinforcing the dollar against other currencies and tightening financial conditions ac
Fed Rate Hike Raises Costs on Mortgages, Auto Loans
The Federal Reserve raised interest rates, with outlets reporting varied consequences: higher borrowing costs for consumers on mortgages, car loans, and credit cards, plus political fallout for the GO
Navarro blasts Fed rate hike as 'bad decision'
White House adviser Peter Navarro on Wednesday called the Federal Reserve's interest rate increase 'a bad decision,' criticizing the move even as the FOMC under Chair Kevin Warsh voted unanimously to
Peter Navarro says Fed’s rate raise is ‘a bad decision’ - The Hill
The Federal Reserve raised interest rates, drawing sharp criticism from Peter Navarro, who called it 'a bad decision,' and President Trump, who demanded rates of 1% or lower while expressing continued
U.S. Federal Reserve raises interest rates for first time since 2023, drawing Trump ire
The Federal Reserve raised its benchmark rate by 25 basis points to 3.75-4% — its first hike since 2023 — with Chair Kevin Warsh striking a hawkish tone and 16 of 18 policymakers signaling further inc
Trump Blames Fed Board, Shields Warsh on Rate Hike
President Trump publicly shielded Federal Reserve Chair Kevin Warsh from blame for an interest rate increase, instead directing criticism at the broader Fed board that he said was stacked by 'a lot of
How rising bond yields are affecting Canadian mortgages, inflation and investing
The U.S. 10-year bond yield has climbed to around 5%, a level one strategist calls a wake-up call that Canada faces a 'double whammy' of inflation pressure and sluggish growth as oil prices and tariff
Trump Demands Fed Cut Rates After Hike
President Trump publicly pressured the Federal Reserve to lower interest rates immediately after the central bank raised them for the first time in three years, creating a direct policy clash with new
U.S. Fed hikes rates in push for 'timelier' drop in inflation
The U.S. Federal Reserve raised interest rates by a quarter percentage point, with Chair Kevin Warsh saying the move targets a 'timelier' drop in inflation still above the central bank's 2% target, an
Trump demands 1% or lower interest rate after first Fed hike since 2023
President Trump demanded the Federal Reserve slash interest rates to 1% or less via Truth Social on Wednesday, hours after the Fed—now led by his appointee Kevin Warsh—unanimously raised its benchmark
Fed Chair Implies Trump Is Only Half Right on the Economy Following Rate Hike
The Federal Reserve raised rates 25 basis points to 3.75%-4.00% Wednesday, with Chair Kevin Warsh calling inflation "the problem" even as he acknowledged a strengthening economy — implicitly parting w
Boeing 737 Max Production Taking Longer Than Expected
Boeing CEO Kelly Ortberg told investors Wednesday that 737 Max production is taking longer than expected to stabilize, sending the stock down more than 5% as he flagged wing production constraints and
Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice - AP News
The Federal Reserve raised interest rates for the first time since 2023, a move AP News says will make credit cards and mortgages more expensive while benefiting savers.
US Retail Sales Rise 1.2% as Economy Runs Hot
August retail sales jumped a better-than-expected 1.2% after shoppers pulled back, with WSJ framing the U.S. economy as 'running hot' ahead of a Federal Reserve decision and Yahoo Finance flagging bui
US Retail Sales Rise 1.2% as Inflation Builds
US retail sales jumped 1.2% in a better-than-expected rebound described as broad, reinforcing economic resilience but also stoking inflation concerns ahead of the Federal Reserve's next policy decisio
Coinbase Most Exposed to CLARITY Setback: Saxo
Saxo Bank says Coinbase has the most direct exposure to the CLARITY Act's failure because its trading business hinges on US market-structure rules, more so than Circle or Strategy.
Fed Rate Hike Looms Amid Bond Market Stress
The Federal Reserve's decision on interest rates is intensifying pressure in the bond market, with yields near multi-year highs as investors gauge the central bank's commitment to controlling inflatio
OpenAI Reportedly Weighs New Funding Round At Valuation Of Up To $1.5 Trillion - Forbes
OpenAI is in early discussions for a new funding round that could value the company at up to $1.5 trillion, positioning it for a potential IPO.
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