Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24

Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Most regional markets fell more than 1%. U.S. futures and oil prices also declined. U.S. stocks slumped...

Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24

Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Most regional markets fell more than 1%. U.S. futures and oil prices also declined. U.S. stocks slumped...

Fed keeps rates unchanged and signals optimism about a potential 'soft landing'

WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. The Fed's policymakers also signaled that they expect...

How major US stock indexes fared Wednesday, 9/20/2023

U.S. stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. While leaving the Fed’s main interest rate steady Wednesday, officials at the central bank also suggested they...

Indiana workplace officials probe death of man injured while working on machine at Evansville plant

EVANSVILLE, Ind. (AP) — Workplace safety officials are investigating the death of a southwestern Indiana man this week after he was injured at an Evansville plant. Christopher L. Payton, 59, died Monday after he suffered injuries “while working on a machine” at Silgan Closures...

Text of the policy statement the Federal Reserve released Wednesday

WASHINGTON (AP) — Below is the statement the Fed released Wednesday after its policy meeting ended: Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in recent months but remain strong, and the unemployment rate has remained...

Federal Reserve keeps rates unchanged but signals likelihood of another hike this year to fight inflation

Stock market today: Asian shares decline ahead of Fed decision on rates

TOKYO (AP) — Asian shares declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve. Japan's Nikkei 225 fell 0.1% in morning trading to 33,200.34. Australia's S&P/ASX 200 slipped 0.6% to 7,152.70. South Korea's Kospi edged down 0.1% to 2,556.20....

Did your kids buy gear in Fortnite without asking you? The FTC says you could get a refund

WASHINGTON (AP) — Parents whose kids bought virtual gear without their knowledge on the popular Fortnite video game could soon be able to get a refund. U.S. regulators are starting to notify more than 37 million people by email that they may be eligible for compensation as part of...

How major US stock indexes fared Tuesday, 9/19/2023

Stocks slipped as Wall Street waits for the Federal Reserve’s latest decision on interest rates. The S&P 500 fell 0.2% Tuesday. The Dow fell 106 points, and the Nasdaq composite was down 0.2%. Stocks have been see-sawing for weeks on uncertainty about whether the Fed is done...