Live coverage: Federal Reserve set to hold interest rates steady in first policy meeting of 2026
After cutting interest rates in the final three meetings of 2025, the Federal Reserve is expected to hold off on further changes to the fed funds rate on Wednesday.
In 2025, Fed officials were divided on whether to cut rates to boost the cooling labor market or keep rates elevated to continue to bring down inflation to the central bank’s targeted 2% level.
Read MoreFed Meeting: Rate Hold Likely as Powell Prepares to Take Center Stage
The Federal Reserve is widely expected to keep interest rates steady when it wraps up its January policy meeting. What Chair Jerome Powell signals about the elevated inflation, a softening labor market, and the future of the Fed might matter more.
Inflation remains elevated. Core PCE came in at 2.8% last week,
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Read MoreThe Looming Social Security Cut Everyone Is Ignoring — and What It’ll Cost You
Social Security has long been one of the most dependable financial pillars for older Americans.
» Read more about: The Looming Social Security Cut Everyone Is Ignoring — and What It’ll Cost You »
Read MoreNASDAQ Index, SP500, Dow Jones Forecasts – SP500 And NASDAQ Move Higher As Traders Wait For Big Tech Reports
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Read MoreTrump nominates Kevin Warsh to succeed Jerome Powell as Federal Reserve chair
Kevin Warsh, a former bank executive and central bank governor, has been chosen by President Donald Trump to lead the Federal Reserve.
“I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,” Trump said in a Friday post on Truth Social.
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Read MoreThe Burst
NVIDIA Investing In Tiny Robotics Firm, Should You Follow?
NVIDIA gets a lot of attention for designing some of the world’s most powerful GPUs. It’s difficult to imagine that the recent advancements in artificial intelligence would have happened without NVIDIA. After all, OpenAI trained ChatGPT with 10,000 NVIDIA GPUs connected to a Microsoft supercomputer.
But NVIDIA actually does much more than build efficient processing units.
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Read MoreThe Ivy
Why Bill Ackman Just Bet $2 Billion on Uber
In February, Pershing Square manager Bill Ackman revealed that his fund had deployed around $2 billion worth of its capital early in the year to buy a little over 30 million shares of Uber (NYSE:UBER).
Sometimes referred to as a new Warren Buffett for his value-driven investment strategies that in many ways mirror the Oracle of Omaha’s,
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Read MoreThe Spotlight
Spotlight: 8 Analysts Just Upped Guidance On This Coffee Giant
Starbucks, a name synonymous with coffee, has grown beyond a mere chain of coffee shops to become a global icon in the beverage industry.
Unlike your regular run-of-the-mill local coffee shop, Starbucks has scaled its operations globally, transcending cultural and geographical boundaries. Its global footprint, though, has created its own set of challenges involving complex logistics like supply chain management,
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