Stocks pare gains after Fed delivers 75 basis point rate hike
Stocks trimmed gains Wednesday after initially holding their ground afterthe Federal Reserve delivered a 75 basis point hike in its fed funds rate --- the...
Bank stocks jump, then quickly pull back after Fed rate hike
Financial stocks spiked up, then pulled back after the Federal Reserve raised its target on overnight rates by 0.75 percentage points on Wednesday. Although the...
Gold prices end higher then seesaw after the Fed lifts interest rates
Gold prices settled higher on Wednesday, then seesawed -- moving higher, then lower in electronic trading after the Federal Reserve announced the biggest interest-rate hike...
Oil prices end with a loss as U.S. supplies post a weekly climb, Fed raises rates
Oil futures ended lower on Wednesday after the Energy Information Administration reported a second straight weekly rise in U.S. crude inventories. Oil prices extended their...
Dr. Anthony Fauci, who has led the U.S. through the pandemic, has tested positive for COVID-19
Dr. Anthony Fauci, President Joe Biden's chief medical adviser who has led the U.S. through the pandemic, has tested positive for COVID-19, according to a...
U.S. stocks end sharply higher after Fed announces large rate hike to battle inflation
All three major stock benchmarks closed sharply higher Wednesday, after the Federal Reserve said it was raising its benchmark interest rate by three-quarters of a...
Baby formula shortage: FDA approves imports for Mead Johnson’s Enfamil
The Food and Drug Administration said late Wednesday that base powder for Mead Johnson's Enfamil baby formula will begin shipping in June from Singapore to...
Citi, Bank of America among 12 banks to provide financing for JFK Terminal One construction
A total of 12 banks including U.S. lenders Bank of America Corp. and Citigroup Inc. have teamed up to provide financing to build the new...
All the Dow’s stocks are falling, led by Salesforce and Walt Disney
All 30 Dow Jones Industrial Average component stocks are falling in Monday's premarket, with Dow futures pointing toward a third-straight decline of more than 500...