Kevin Warsh Struck A Hawkish Tone As The Fed Hiked Rates. Stocks Reversed Gains And Fell.
"The plain fact is that inflation is too high, and has been for too long," Warsh said.
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Warsh Strikes Hawkish Tone After Delivering Rate Hike: 'Readings Do Not Tell Me Underlying Trends Have Meaningfully Improved'
"The plain fact is that inflation is too high, and has been for too long," Warsh said when addressing press after the decision. -
U.S. Fuel Inventories Surprisingly Rose And Saudi Arabia Is Seeking To Reroute Exports. Oil Fell.
Riyadh is offering additional crude cargoes through Oman, easing some concerns about the state of supplies after its key East-West pipeline got shut down last Friday. -
Yemen's Houthis Reportedly Met With U.S. Officials After Making Key Gains. They Promised Not To Target U.S. Ships.
The Iran-backed group has taken key islands in the Red Sea and Yemen. -
Zuckerberg Shares His View On AI Safety, Appears To Differ From OpenAI And Anthropic
"Labs face significant liability if their models cause harm, so they have a strong incentive to prevent this," the Meta CEO said. -
Retail Sales Rebounded Last Month, Beating Expectations. Motor Vehicles Led The Increase.
Sales climbed 1.2% in August. Analysts expected the figure to stand at 0.8%. -
The Pentagon Detailed Damages To Several U.S. Bases In The Middle East. New Photos Show The Extent.
CBS News published images sent by active service members, with one describing damage sustained as "major."
Latest News
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Canada Could Become EU's First Associate Member. Ottowa Gets The Invite As Its Trade War With Trump Remains High.
Yemen's Houthis Reportedly Met With U.S. Officials After Making Key Gains. They Promised Not To Target U.S. Ships.
SK Hynix Has Never Made Memory Chips In The U.S. A Potential Intel Deal Could Change That.
OpenAI Rogue Agents Hacked Hugging Face In July. Researchers Say Warning Signs Appeared Two Months Earlier.
More Republicans Join Democrats To Force End To Iran War. President Has Said Conflict Is Not A War.
AI CEOs Say The Tech Race Is Moving Too Fast. Investors May Pay The Price.
Investors Reportedly Offered OpenAI A New Funding Round After Postponed IPO. Valuation Could Top $1 Trillion.
Microsoft AI Chief Calls Out Anthropic Over Its Approach To Ai. He Claims Its Dangerous.
Oil Is Still Above $100 And Treasury Yields Have Surged. Investors Still Aren't Giving Up On Stocks.
A Top Performing Wealth Fund Is Warning The U.S. Stock Market Could Face A Pullback: 'Some Reversion'
Samsung Is Betting On An Alternative To Nvidia. Dutch AI Chip Startup Euclyd Just Raised $231 Million.
THE BOTTOM LINE
Top Wall Street Analyst Trims S&P 500 Target For 2026 Just A Month After Raising It, Warns Of Possible Downturn
Ed Yardeni expects the S&P 500 to finish the year at 7,900 from 8,400.
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Fed Delivers Widely Expected Rate Hike As Inflationary Pressures Remain High. The Decision Was Unanimous.
Markets widely expected the central bank would hike rates to the 3.75%-4% range. -
The Fed's Communication, Not Policy Decision, Will Define Market Expectations Going Forward: JPMorgan
The Federal Reserve is widely expected to raise interest rates Wednesday, marking a significant shift from expectations just weeks ago when many investors believed the central bank would remain on hold.
Editor's pick
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House To Vote On Data Center Energy Use Bill. Critics Say It Won't Protect Residents Anyway.
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Most Americans Worry AI Could Destroy Humanity. Two Thirds Rate The Possibility As 'Moderate.'
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Trump's Pollster Warns GOP Against 'Unqualified Support' for AI Data Centers As Opposition Remains High
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Pamela Lynch Is Building the Businesses Behind a More Sustainable Future
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Behind The Products: Sahil Thakkar On Manufacturing Innovation And Execution
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Peter Cunningham Says AI Is Improving Wealth Management
A Bitcoin Network Lost $320 Million In A Hack. The Attackers Say They're The Good Guys
The breach adds to a string of major crypto security incidents that have put exchanges, wallets and blockchain infrastructure under scrutiny.
WritePaperForMe Review: Academic Help for Tight Deadlines
Explore WritePaperForMe academic writing services, including pricing, writer options, urgent deadlines, revisions, customer support, and ordering features for busy students.
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Ralph Dangelmaier Explains Why AI Agents Are Compressing the Fraud Detection Window
Autonomous software can now move money in milliseconds while compromise goes unnoticed for days. A payments veteran explains how to close that gap. -
Mark Zmijewski: What CEOs Need to Know About Measuring Cognizable Efficiencies in Proposed Mergers
Learn why merger synergies and cognizable efficiencies differ under U.S. antitrust law, and how executives can document and verify efficiencies to withstand regulatory scrutiny.
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Oil and Treasury Yields Are Suddenly Moving Together. Why That Could Spell Trouble for Stocks.
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Bank of America Says the Market Is Due for a Drop. Half of Bear-Market Warning Signs Are Flashing.
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AI Giants Saying AI Is Moving Too Fast Discussed Creating a New Safety Body: Report
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Microsoft Puts New Guardrails on Future AI. Industry Leaders Rally Behind Slowing the Race
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Trump Losing Support On Economic Issues, Democrats Surge To Nine-Point Lead On Generic Ballot: Poll
Voters now trust Democrats more on issues like immigration, the economy, the cost of living, health care, and foreign wars. -
U.S. Poverty Fell To A Record Low In 2025. A Broader Measure Came In Higher, New Figures Show.
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Trump Loses Mail-In Ballot Case. Justices Say States Wouldn't Have Enough Time To Make Changes.
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Russia Strikes Near NATO's Doorstep. A Drone Attack by Poland Border Raises Fears of a Wider Escalation.
The strike hit a locomotive near Yahodyn, roughly two kilometers from the Polish border, shortly after a diplomatic train carrying former prime ministers and European security officials passed through the area. -
Trump Called On Zelenskyy To Stop Attacks Against Diesel Targets. He Said Yes, But With a Caveat.
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Oil Is Moving Through the Strait of Hormuz Again, But Not as Much as Trump Says: Report
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Trump Slams Supreme Court Over Mail Ballot Decision, Calls Ruling a 'Disaster' for America
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U.S. Is Taking a Large Stake in Venezuela's Oil Revival. The Goal Is 2 Million Barrels a Day.
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Trump Plans $500 Obamacare Rebates Before Midterms. Up to 1 Million Americans Could Get Checks.
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AI Researcher Warns Humanity Could Be at Risk by 2030. Lawmakers Demand Congress Act Before It's Too Late.
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Dell XPS 13 Review: Dell's $699 XPS 13 Brings MacBook-Level Polish To Windows
Dell XPS 13 Review: Premium Windows Design At A Surprisingly Accessible Price Dell kept the unibody construction, tiny bezels, excellent keyboard and 120Hz touchscreen, then made some very deliberate compromises underneath to bring the XPS 13 down to $699. -
HyperX OMEN MAX 16 Review: Serious Power Without Being Tied to a Desk
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AI's Biggest Companies Are Calling For A Slowdown. Musk Suggests Rivals Test Each Other's Models.
