Fed raises rates, sees at least three more years of economic growth
The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy, as it forecast that the U.S. economy would enjoy at least three more years of growth.
Instant view: Analysts react to fed rate hike
The U.S. Federal Reserve raised interest rates on Wednesday, as expected, and left its monetary policy outlook for the coming years largely unchanged amid steady economic growth and a strong job market.
Wall Street extends gains, eyes end of rate-hike cycle
U.S. stocks extended gains on Wednesday after a widely expected interest rate hike by the U.S. Federal Reserve and as investors bet that the central bank is approaching the end of a cycle of tightening monetary policy.
Lyft revenue more than doubled in first half of 2018: The Information
U.S. ride hailing firm Lyft Inc’s revenue more than doubled in the first half of the year to $909 million, while its net loss expanded at a slower rate than a year earlier, technology news website The Information reported on Wednesday.
Chile government approves construction of Walmart distribution center
The Chilean government said on Wednesday it had approved the construction of a distribution center for Walmart in its capital Santiago, an investment of about $180 million.
Fed lifts U.S. rates by quarter percentage point
The U.S. Federal Reserve raised interest rates on Wednesday, as expected, and left its monetary policy outlook for the coming years largely unchanged amid steady economic growth and a strong job market.
Fed raises interest rates, flags end of ‘accommodative’ policy
The U.S. Federal Reserve raised interest rates on Wednesday, as expected, and left its monetary policy outlook for the coming years largely unchanged amid steady economic growth and a strong job market.
Traders keep bets on U.S. Fed’s 2019 interest rate rises
Interest rates futures traders on Wednesday stuck with bets the Federal Reserve will raise rates once more this year and two times next year even after the central bank released forecasts flagging a slightly steeper rate rise path.
Facebook unveils new VR headset ‘Oculus Quest’ for $399
Facebook Inc unveiled its new wireless virtual reality headset at a conference on Wednesday and said it plans to start shipping it in spring next year.
Wall Street extends gains after Fed rate hike
Stocks on Wall Street extended gains on Wednesday after a widely expected interest rate hike by the U.S. Federal Reserve.
