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The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another to come.
The Federal Reserve on Wednesday issued its first interest-rate hike in three years, an effort to tamp down inflation that will raise borrowing costs across the US economy.
The Federal Reserve raised interest rates for the first time since 2023, by a quarter of a percentage point, and suggested more increases could follow. The move puts its new leader, Kevin Warsh, at odds with President Trump.
The Federal Reserve raised its key interest rate for the first time in three years amid persistent inflation caused in part by high energy prices.
The US Federal Reserve voted to raise interest rates on Wednesday for the first time since 2023 as the central bank continues to fight to tamp down inflation.
U.S. Treasury Secretary Scott Bessent said the United States is open to discussing shared risks with China in upcoming AI talks this weekend, Axios reported Wednesday, citing a statement from Bessent.
Kevin Warsh, Donald Trump's pick for Fed chair, expected to raise rates despite intense pressure from president
Tenable Holdings leverages AI-driven exposure management, with platform adoption and profitability accelerating as Tenable One and Advanced tiers gain traction. TENB's integrated architecture and data harness differentiate it in AI cybersecurity, driving higher annual contract values, longer contracts, and improved customer expansion. Q2 saw Tenable One reach 50% of new business, net dollar expansion improve to 106%, and non-GAAP operating margin expand to 24.7%.
Ondas Inc. is positioned as a rising force in autonomous weapons and multi-domain ISR/C-UAS platforms, driven by aggressive acquisitions and vertical integration. Recent acquisitions—GATE Technologies, Bron Technologies, Aran Defense, and World View—expand ONDS's global manufacturing, precision strike, and ISR capabilities, supporting a $1B revenue run rate exit for eFY26. Key risks include heavy equity dilution and high short interest (~40%), but ONDS's path to profitability (adj. EBITDA eFY28, and net earnings eFY29) and potential for a short squeeze are notable.
Democrats blocked crypto's biggest bill to stop Trump. Now nothing does.
Quietly, the communications sector has started to claw back some of the year's underperformance.
"If you strip out food and energy, we have one of the lowest inflation trends in recent years," says Dale Smothers, making the case that an interest rate hold is not off the table prior to the Fed's decision. Dale weighs inflation pains against the Fed's push to maintain independence as what he calls a "trapeze act" for Fed Chair Kevin Warsh.
The company, led by one of President Trump's closest allies in the U.S. oil industry, said it would explore one of Venezuela's undeveloped oil fields.
Get a jump start on the US trading day with Isabelle Lee and Damian Sassower on "Bloomberg Open Interest." Markets brace for the Fed, with its first rate hike since 2023 widely expected.
Continental said it will develop and operate a patch in the Orinoco Belt that spans 126,000 acres and possesses an estimated 30 billion barrels of reserves.
