Trump demands 1% or lower interest rate after first Fed hike since 2023
President Donald Trump demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.
President Donald Trump demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.
President Donald Trump says renovations at the Kennedy Center will not occur until the courts allow his name to be restored on the performing arts center.
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.
The 10-year Treasury yield hit its highest since 2007, pushing borrowing costs deeper into territory that could expose some of the financial system's weakest links.
Novo Nordisk CEO defended the company's decision to sue rival Eli Lilly over its weight-loss drug advertising.
Import bans are due to come into effect on Sept. 29 as the rift between the countries deepens.
Denmark and Mexico also objected, underscoring the diplomatic backlash to Trump's territorial ambitions.
Hashimoto said sharp currency swings risk creating a “confused situation” in financial and global markets.
A tight global diesel market is driving up heating oil prices, with households in the Northeast facing the biggest impact.
The SALT deduction limit is $40,400 for 2026. Experts cover how to maximize the tax break before year-end.
Here are Wednesday's biggest calls on Wall Street.
U.S. Energy Secretary Chris Wright told CNBC that more than 17 million barrels of oil transited the strait on Monday, a new wartime record.
Analysts aren't sure that the market has fully priced in the implications of higher yields, nor that the sell-off in bonds is over just yet.
Trump’s meeting with travel executives comes after a World Cup that showcased his unusually close relationship with FIFA President Gianni Infantino.
Thyme Care has raised $125 million from investors in a deal doubling the cancer startup's valuation as it tackles critical disease treatment gaps.
A U.S. judge ruled in April 2025 that Google holds illegal monopolies on servers that host publisher ads and ad exchanges which sit between buyers and sellers.
Morgan Stanley’s deal leak may not necessarily translate into lost mandates.
CNBC’s Jim Cramer said the AI industry is losing the battle over public perception.
If you're struggling with multiple high-interest bills, a debt consolidation loan can streamline payments and potentially get you a lower rate.
President Donald Trump disclosed municipal bond holdings worth $300 million to $1 billion, including debt tied to issuers affected by federal policy.