Fed hikes rates by a quarter percentage point, indicates increases are near an end
The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.
Fed recap: All the market-moving comments from Fed Chair Powell after rate hike
The Federal Reserve announced a 25 basis point rate hike on Wednesday. The increase was widely anticipated by the market.
Despite opposition, UK’s Sunak wins post-Brexit trade vote in parliament
British Prime Minister Rishi Sunak won the backing of parliament on Wednesday for a key element of a reworked post-Brexit deal on Northern Ireland.
XRP cryptocurrency jumps as investors hope Ripple will win legal battle with the SEC
XRP, a cryptocurrency closely associated with Ripple, surged over 11% on Wednesday as investors grew hopeful the firm would win its legal battle with the SEC.
‘Do you think I enjoy doing this reform?’: France’s Macron breaks silence after overriding parliament
“The longer we wait the worse the situation will get,” France’s Emmanuel Macron insisted of his pension reforms amid widespread strikes and protests.
JPMorgan Chase buys data platform for startups in push to serve venture capital investors
The deal is the latest in a string of fintech acquisitions made under CEO Jamie Dimon. Since 2020, JPMorgan has acquired a half-dozen startups.
Multiple people injured after ship dislodged at Scottish dry dock
Fifteen people were transported to the hospital after the ship toppled over.
Goldman Sachs is using ChatGPT-style A.I. in house to assist developers with writing code
Goldman Sachs developers are internally using generative AI tools to assist their code writing, according to a top executive at the bank.
DCG-owned crypto exchange Luno replaces CEO, seeks outside investment after layoffs
Marcus Swanepoel, the CEO of crypto exchange Luno, is now executive chairman. He’ll focus on helping Luno seek funding from investors other than DCG.
Euro pushes higher as ECB chief Lagarde says inflation is still too high
The euro pushed higher against the U.S. dollar following comments from the European Central Bank President Christine Lagarde that inflation is “still high.”
