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US stocks slip after Fed chair dims hopes for interest rate cuts
US stocks closed lower on Wednesday, falling after Federal Reserve chair Jay Powell cautioned that the central bank may not…
Dow ends 370 points lower as Fed decision looms and debt ceiling draws focus
U.S. stocks closed sharply lower Tuesday, tumbling under the weight falling shares of regional bank and the energy sector, while…
Microsoft exec makes $9.2 million stock sale, capitalizing on recent rally
A Microsoft Corp. executive has taken advantage of the stock’s strong surge on the year by cashing out more than…
Mortgage rates fall, but buyers pull back in latest week
The numbers: Mortgage rates dipped, but buyers continue to find the housing market challenging. Demand for mortgages fell 1.2% in…
Factbox: Red flags galore – Fed officials cited Silicon Valley Bank 31 times
© Reuters. FILE PHOTO: Customers wait in line outside a branch of the Silicon Valley Bank in Wellesley, Massachusetts, U.S.,…
Ukrainian farmer comes up with novel way to demine his fields
By Vitalii and Hnidyi HRAKOVE, Ukraine (Reuters) - A Ukrainian farmer has come up with a novel way to remove…
Dollar weakens ahead of conclusion of Federal Reserve meeting
Investing.com - The U.S. dollar slipped lower in early European trade Wednesday ahead of the conclusion of the Federal Reserve’s…
Fed Raises Rates Another 25 Basis Points—Signals Pause May Come If Greater ‘Risks Emerge’
Topline The Federal Reserve continued its aggressive rate-hiking campaign on Wednesday but opened the door to keeping rates flat at…