Stocks briefly bounced higher Wednesday, but then headed lower after the Federal Reserve opted to keep benchmark rates low and policy accommodative at the conclusion of its two-day meeting, despite rising inflation.
U.S. Treasury yields rose Wednesday as the Federal Reserve’s policy statement reflected an improving U.S. recovery thanks to vaccinations and fiscal support.
The Federal Reserve stuck to its strategy of supporting the U.S. economy with ultra-low interest rates at its most recent gather of senior central bankers.
Wealthy countries share blame for the COVID-19 crisis in India for failing to coordinate and create a global response to the coronavirus pandemic, and for hogging vaccine supply against the advice of health experts, Dr. Anthony Fauci said Wednesday.
Wealthy countries share blame for the COVID-19 crisis in India for failing to coordinate and create a global response to the coronavirus pandemic, and for hogging vaccine supply against the advice of health experts, Dr. Anthony Fauci said Wednesday.
Gold futures are on track for a back-to-back loss Wednesday as traders await the outcome of a Federal Reserve policy meeting, while monitoring a rise in Treasury yields.
The U.S. trade deficit in goods rose in March for the third month in a row and hit another record high, but the upsurge mostly stems from the American economy recovering faster than other countries.
The Dow Jones Industrial Average and Nasdaq Composite opened lower Wednesday as investors awaited the conclusion of a Federal Reserve policy meeting and continued to sift through quarterly results from technology heavyweights.
Investors have kept their cash piles high in the pandemic, according to a UBS survey. But their optimism about the economy has risen over the past three months and here’s where they’re now considering investing.
Here are three things to watch for when the Federal Reserve meeting ends this afternoon. Fed Chairman Jerome Powell will hold a press conference at 2:30 p.m. Eastern.
You may not be getting paid to run the kids to school, do the laundry or fix the kitchen sink, but the day-to-day support you provide for your family has a financial impact.
When we try to help other people circumvent bad feelings and go straight to the good ones with empty platitudes, we become guilty of something called toxic positivity.