Market Snapshot: Dow, S&P 500 snap 5-day skid after biggest Fed interest rate hike since 1994
Stocks close higher in choppy trade, after the Fed raises rates by 75 basis points on Wednesday in a bid to contain high inflation.
Stocks close higher in choppy trade, after the Fed raises rates by 75 basis points on Wednesday in a bid to contain high inflation.
The central bank says the economy has 'picked up,' but that's just not so. It's slowing rapidly.
The board of World Wrestling Entertainment Inc. is investigating a secret $3 million settlement that longtime chief executive Vince McMahon agreed to pay to a departing employee with whom he...
The Fed's 75 basis point rate hike comes after a hotter-than-expected inflation report on May consumer prices.
The Federal Reserve on Wednesday makes its much-anticipated move with interest rates.
Big increases in borrowing costs will erode company profits as the economy slows. Expect the bear market to stick around longer.
Investors were 'fearing the worst' heading into Federal Reserve policy meeting, says one hedge-fund manager.
Veteran investor and bitcoin bull Michael Novogratz doesn't have a rosy outlook on the economy, as the Fed delivered an unusually aggressive rate increase.
The latest read on consumer expectations from the New York Federal Reserve comes days after an inflation report for May that rattled markets.