Stock Market & Investment News
-
-
-
-
-
-
-
-
-
-
-
Oil price dips on Russia-Ukraine talks, US inventory data
NEW YORK: Oil lost ground for the fifth time in the last six days on Wednesday as traders reacted to hoped-for progress in Russia-Ukraine peace talks and a surprising increase in U.S. inventories. Read full story
-
Fed hikes interest rates, signals aggressive fight to curb inflation
WASHINGTON: The Federal Reserve on Wednesday raised interest rates for the first time since 2018 and laid out an aggressive plan to push borrowing costs to restrictive levels next year in a pivot from battling the coronavirus pandemic to countering the economic risks posed by excessive inflation and the war in Ukraine. Read full story