By CHRISTOPHER RUGABER, AP Economics Writer
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war, suggesting the Fed could stand pat for an extended period.
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QI Research CEO and chief strategist Danielle DiMartino Booth discusses Federal Reserve chair Jerome Powell’s remarks about the federal criminal probe on ‘Making Money.’
The Federal Reserve on Wednesday left interest rates unchanged amid mounting uncertainty over how the Iran war will impact the economy and in turn the central bank’s approach to monetary policy,
» Read more about: Will the Federal Reserve cut interest rates in 2026? »
SentinelOne (S 0.76%) is the cybersecurity vendor behind Singularity, an artificial intelligence (AI)-powered platform designed to automate threat detection, incident response, and everything in between. With a market capitalization of just $4.6 billion, the company is much smaller than its main rivals CrowdStrike and Palo Alto Networks,
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged.
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Asia-Pacific markets dipped on Thursday, tracking losses on Wall Street that saw the Dow Jones Industrial Average touch a new closing low for the year.
Few announcements put investors on the edge of their seats quite like interest rate decisions from the Federal Reserve. Federal Open Market Committee (FOMC) meetings occur about every six weeks and shape U.S. monetary policy.
While the Fed is often viewed as the bedrock of Wall Street and a calming force for equities,
Nvidia (NVDA) stock has gained about 53% over the past year, at the time of writing, Tuesday afternoon, March 17, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 18% in the same period.
» Read more about: Bank of America resets Nvidia stock forecast after meeting with CFO »
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The first day of spring isn’t until Friday, but one firm is already doing some seasonal cleaning.
Direxion is closing and liquidating 10 exchange-traded funds that just didn’t catch on.
Wider borrowing cost are also likely to be affected, such as the rates on credit cards and personal loans.
“This will be particularly challenging for lower income households, many of whom were hoping that falling rates would ease pressure on already stretched budgets,” said Tamsin Powell, consumer finance commentator at Creditspring.
» Read more about: Impact of Iran war expected to bring hold in interest rates »
There are more than 70 cryptocurrency ATM’s in Evansville — this is where historically people could buy or send digital currency like bitcoins at a kiosk just like an ATM. But not anymore, as of last week.
Evansville Police Department Sergeant Nathan Vancleave said they’re now illegal in Indiana because they have been used to defraud vulnerable people out of a lot of money.
The Internal Revenue Service issued a notice Wednesday extending temporary relief for another year on using alternative methods for brokers of digital assets, such as cryptocurrency.
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Notice 2026-20 extends the temporary relief provided last January under Notice 2025-7 for an additional year. The notice allows eligible taxpayers to use certain alternative methods for making an adequate identification with respect to units of a digital asset held in the custody of a broker that are sold,