Fed approves interest rate hike, signals one more to come this year
The Federal Reserve on Wednesday approved its first interest rate hike since 2023 and indicated another to come.
International
Business and economy news from other publishers, in Malaysia, the region and the world.
Trump Ally Harold Hamm Strikes Venezuela Oil Deal
Mr. Hamm’s company, Continental Resources, has signed a preliminary deal with Venezuela’s state-owned oil company to develop and produce oil.
Takeaways From the Fed’s Decision to Raise Interest Rates
Kevin M. Warsh, the Federal Reserve chairman, said the bank acted to fight inflation that ‘is too high and has been for too long.’
Fed Signals Another Rate Increase Could Be Coming
Here’s how to read the Federal Reserve’s economic projections like a pro.
The Quiet Way A.I. Is Hitting the Work Force
Lower wage growth and slower hiring in some sectors may be the result of artificial intelligence, especially for younger workers.
How the Fed’s Interest Rate Increase Affects Your Finances
The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
The World Economy Is Becoming Wary of the U.S.
America’s position of global economic stability is starting to look shakier as the Trump administration piles on debt and doubles down on sanctions.
Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging
Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.
Here is what changed in the new Fed statement under Warsh
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July.
Outkick Moves Past Its Clay Travis Era
Fox is revamping the sports site following the exit of its founder, Clay Travis. It’s hiring a writer who resigned from The Seattle Times over a column about transgender athletes.
