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Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
SPDR Gold Rises Following Fed Decision
Gold futures were up 0.8% in late trading, after settling up 0.4% — the fourth time out of the past five sessions they’ve risen.The Wall Street Journal - World - Federal Reserve -
Treasury Yields Fall Slightly After Fed Decision
The U.S. central bank confirmed expectations by holding interest rates unchanged.The Wall Street Journal - World - Federal Reserve -
Germany’s military support of Israel is being challenged, despite the I.C.J.’s decision.
A lawsuit was also filed in a Berlin court, which said it expects the government not to license more arms exports until it issues a ruling.The New York Times - Top stories - Israel -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
Fed Holds Rates Steady, Noting Lack of Progress on Inflation
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for longer.The New York Times - Business - Federal Reserve -
The Fed rate decision meeting is today. Here are the odds of a cut.
Inflation-weary consumers have also been slammed by high borrowing costs. Here's what economists expect the Fed to announce.CBS News - Top stories - Federal Reserve -
What to Watch for at Today’s Fed Meeting on Interest Rates
Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for longer.The New York Times - Top stories - Federal Reserve -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
What to expect from Federal Reserve's third interest rate decision of 2024
The Federal Reserve is set to announce its third interest rate decision of 2024 on Wednesday. CBS News contributor Javier David, managing editor of business and markets at Axios, discusses what to expect.CBS News - Top stories -
England move one of best decisions of my life - Pochettino
Mauricio Pochettino says moving to England was "one of the best decisions in my life" as he prepares for his 400th game in English football.BBC News - Top stories -
Bitcoin extends its slide to start May, falling to $57,000 as Fed leaves rates unchanged
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest rates steady.CNBC - Business - Federal Reserve -
College decision day passes many students by as financial aid delays linger
Held-up financial aid packages are finally rolling in after FAFSA issues pushed the typical May 1 enrollment deadline deep into June at some schools.NBC News - Top stories -
Breaking down the Fed decision to keep interest rates steady
The Federal Reserve announced Wednesday it is keeping interest rates steady. The move comes as the central bank continues to deal with inflation. Jeanna Smialek, Federal Reserve and economy reporter for The New York Times, joins CBS News to discuss.CBS News - Top stories - Federal Reserve -
Japanese Yen Falls After Surge Amid Intervention Speculation
The Japanese yen fell against the dollar following a sharp rise late Wednesday after Japanese authorities were thought to have intervened again.The Wall Street Journal - World - Japan -
Auston Matthews illness update: Maple Leafs star will be game-time decision for Game 5 vs. Bruins
The Bruins have Toronto on the brink of elimination and Matthews has been dealing with an illness.CBS Sports - Sports -
Knicks, Tom Thibodeau burned by late-game execution in worst way as Tyrese Maxey keeps 76ers alive
Maxey's game-tying 3-pointer in Game 5 could have been prevented by foulingCBS Sports - Sports -
U.S. crude oil falls to $79 a barrel, seven-week low as stockpiles surge on lackluster demand
A raft of data has demonstrated that inflation is proving stubborn, consumer confidence is falling and the U.S. economy is growing more slowly than expected.CNBC - Business -
Americans widely opposed to decision overturning Roe nearly 2 years later: Poll
Americans still widely oppose the Supreme Court decision overturning Roe v. Wade, which ruled women do not have a federal right to an abortion, according to a poll released Wednesday. In the CNN poll, conducted April 18-23, 65 percent of ...The Hill - Politics -
Stocks pop after Fed decision, oil plunges, earnings mixed — what to watch in the market
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business