A looming government shutdown could prevent the Federal Reserve from raising rates in November, Bank of America says.
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve on Wednesday released its decision on interest rates and updates on the economy.
Hollywood studios, writers near agreement to end strike, hope to finalize deal Thursday, sources say
While optimistic, the people noted, however, that if a deal is not reached the strike could last through the end of the year.
Asia markets fall after Fed holds rates, but signals higher rates for longer
The U.S. Federal Reserve held rates steady, but indicated it still expects one more hike before the end of the year and fewer cuts than previously indicated next year.
UK PM Rishi Sunak announces shift on climate policies, waters down targets
U.K. Prime Minister Rishi Sunak on Wednesday rowed back a delay in the ban on the sale of new gasoline and diesel cars.
Utah is the happiest state in America—California and Florida didn’t make the top 3
WalletHub ranked the happiest states in the U.S. across three key metrics including emotional and physical well-being, work environment and community.
These are the 50 best hotels in the world
The best hotel in the world is Passlacqua, an 18th century villa on the edge of Italy’s Lake Como, according to the 50 Best organization’s inaugural ranking.
Ukraine war live updates: Ukrainian and Russian officials face off as Zelenskyy pushes peace plan; Moscow’s losses rise in south
Ukrainian President Volodymyr Zelenskyy is due to address the U.N. Security Council on Wednesday.
UK inflation dips to 6.7%, below expectations as food prices ease
U.K. inflation came in at 6.7% in August, below expectations and down slightly from the previous month.
China leaves benchmark lending rates unchanged in September
China’s banks kept their benchmark loan rates unchanged for September, after the economy showed signs of stabilization following recent policy support.