NEW YORK — (AP) — U.S. stocks climbed Wednesday after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are. Wall Street also got a boost from easing yields in the bond market.
The S&P 500 jumped 1.1%, and its gains accelerated following the Fed’s announcement.
The Federal Reserve left interest rates unchanged as it warned of faltering economic growth and higher inflation this year.
Keeping interest rates in the target 4.3% range, central bankers on Wednesday forecast two cuts this year – even as President Trump’s back-and-forth tariffs fuel market volatility and doubts over the US economy.
Signaling that it’s sticking with a “wait and see” approach,
» Read more about: Fed leaves interest rates unchanged as Trump tariffs fuel doubts over economy »
The Federal Reserve will make its next interest rate decision on Wednesday afternoon, having potentially massive impacts on the stock market.
Fed Chair Jerome Powell will announce at 2pm the committees decision to either hold interest rates steady or make a cut.
The stock market has been on a turbulent ride over the last two weeks after President Trump’s tariff headlines sent the S&P 500 in to correction on Thursday.
HOUSTON – It takes an entire army of people just to get your plane off the ground and on its way to your next vacation.
Houston’s largest airline, United Airlines, is investing $177 million to help make that process smoother, quicker and more efficient.
Recommended Videos
The investment is in the form of a new 140,000-square-foot Ground Service Equipment (GSE) Maintenance Facility.
Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute,
» Read more about: NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Rally On Dovish Fed »
CNN’s Matt Egan asked Federal Reserve Chair Jerome Powell about concerns over the stock market. Powell says the economy is on solid footing despite a slew of recent economic surveys sparking concerns of the opposite and that “soft” data isn’t necessarily indicative of economic weakness.
» Read more about: CNN’s Matt Egan asks Fed Chair if he’s worried about the stock market »
PhonePe Wealth has introduced a new tool named CRISP aimed at refining the process of mutual fund selection for investors. The launch of CRISP comes at a pivotal time, as India’s mutual fund investor base has seen a substantial increase from 20 million in 2019 to 53 million in 2024, as reported by the Association of Mutual Funds in India (AMFI).
» Read more about: PhonePe Wealth introduces CRISP for enhanced mutual fund selection »
Conservative media mogul Rupert Murdoch was so “livid” that one of the newspapers he owns published a piece that described former CNN reporter Oliver Darcy’s newsletter as a “must-read” that he called up the editor-in-chief and “berated” her over it, media startup Breaker reported.
According to Breaker, which was recently launched by former Daily Beast editor-at-large Lachlan Cartwright and New York Times correspondent Ravi Somaiya,
The US central bank has slashed its expectations for economic growth this year as it eyes challenges on several fronts amid Donald Trump’s escalating trade war.
The Federal Reserve announced, as was widely expected, that it would keep its main interest rate at its current target range level of 4.25%-4.5% following the latest meeting of its Federal Open Markets Committee.
» Read more about: Trump trade war: US central bank cuts growth outlook »
3 Most Important Financial Statements
Emotions in Investing: How to Manage Stock Market Anxiety & Stress
Futures Trading: Everything You Need to Know
For Investors: Business Valuation 101
The 11 Best Stocks to Buy and Watch Now
When to Sell Stocks — for Profit or Loss
Accounts That Earn Compounding Interest
How Many Shares Should I Buy of a Stock?
» Read more about: How to Invest in Stocks: A Beginner's Guide for Getting Started »