US equity futures were edging higher pre-bell Thursday as traders evaluated the Federal Reserve's in
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Investing.com -U.S. stock index futures rose Thursday, as the Federal Reserve’s first interest rate hike in three years helped ease market anxiety over the central bank’s commitment to quelling inflation.

US stocks rose in premarket trading on Thursday as oil prices edged lower and Wednesday's interest rate hike offered some reassurance that the Federal Reserve was working to contain inflation. Futures on the Dow Jones Industrial Average rose 0.7%, while those on the S&P 500 gained 0.8%....

Six of nine Monetary Policy Committee members voted to hold, even as the bank now expects inflation to reach 4% early next year

Plus: EU chief reveals plans for curbing children’s access to social media and Fed delivers first rate hike in years

Stocks and bonds swooned yesterday after the Federal Reserve hiked interest rates for the first time in three years—only to reverse course and charge higher in premarket trading this morning. One explanation, according to Mohit Kumar, Jefferies’ chief European economist: Investors realize they may have overreacted to Fed Chairman Kevin Warsh’s hawkish tone. “I don't think Warsh indicated a series of rate hikes,” Kumar said.
Investing.com -- UBS told investors in a note Thursday that the Federal Reserve's latest interest rate increase should not derail the equity rally, even as policymakers signaled more tightening to come.

Americans aged 40 to 59 now account for nearly half of all new consumer bankruptcies, the largest share for that age bracket since 2017, as middle-aged households buckle under debt and rising costs. Middle-Aged Americans Lead the Rise Consumers aged...
Will history hold for the bond market?
The Fed can't do it all on the inflation front.
The Fed can't do it all on the inflation front.
The cost of wireless phone service jumped 5.9% in August after T-Mobile and AT&T hiked rates on some plans.
The cost of wireless phone service jumped 5.9% in August after T-Mobile and AT&T hiked rates on some plans.
Utility bills grew faster than overall inflation over the summer, a Bank of America report found, as summer heat, modernization of the US power grid, and the data center build-out contribute to higher costs.

Stocks were on track to open higher on Thursday as oil prices retreated and investors got over the worst of their worries about the Federal Reserve’s fight against inflation. Nasdaq 100 futures jumped 1.1%. The S&P 500 and the Dow both dropped the previous session after the Fed hiked interest rates for the first time in more than three years, with Chairman Kevin Warsh signaling there could be more tightening.

US stock futures advanced on Thursday as investors assessed the Federal Reserve’s latest interest-rate increase, the prospect of further monetary tightening and developments affecting global energy supplies. At 06:59 GMT, Dow Jones futures were up 366 points, or 0.

Federal funding and IBM investment will support quantum wafer manufacturing and early production at the Albany, New York facility.

Regardless of when the Iran war ends, the inflationary damage has already been done.
An expected Fed rate hike on Wednesday offered some relief to stock investors that the central bank was working to contain inflation.
An expected Fed rate hike on Wednesday offered some relief to stock investors that the central bank was working to contain inflation.

European stock markets opened in positive territory on Thursday morning, shrugging off Wall Street's decline after the Federal Reserve raised interest rates for the first time in more than three years and signalled that further hikes are likely.View on euronews

The Federal Reserve raised interest rates for the first time in three years, reversing cuts it made last year and implicitly countering the White House’s position that inflation isn’t a concern. Treasury yields moved higher after Fed Chairman Kevin Warsh began his post-decision press conference.

Recession fears are back, but history has promising news for investors.

A federal judge has reportedly ordered Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to overhaul its online advertising technology practices and appoint an internal antitrust compliance monitor, while declining to force a breakup of its ad tech business. How Ad Practices Must Change In a 106-page decision, U.S. District Judge Leonie Brinkema in Alexandria, Virginia, found that Google must relax rules governing its online ad auctions, according to Reuters. The judge rejected the Department

Asian shares were mixed on Thursday after Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. Japan’s Nikkei 225 index was 0.2% higher at 64,067.53. The Hong Kong Hang Seng fell 0.7% to 24,533.46, while the Shanghai Composite index lost 0.4% to 3,877.46.
The Federal Reserve On Wednesday hiked benchmark interest rates by 25 bps to a target range of 3.75% to 4.00%, in line with market expectations.
The Federal Reserve on Wednesday hiked key interest rates to a target range of 3.75% to 4.00%, in line with market expectations.


