News

Could Ethereum’s Pectra upgrade power an ether comeback?
The Ethereum blockchain successfully completed its long-awaited Pectra upgrade on Wednesday, its biggest overhaul since 2022 ...
Fed stands pat on interest rates, warns of possible economic woes
The Federal Reserve on Wednesday remained in a holding pattern, warning about more uncertainty in the economic outlook and seeing higher risks of unemployment and inflation in the new high-tariff U.S.
Stocks trim gains after Trump says he won’t lower China tariffs to get Beijing to the negotiating table
It seems the Federal Reserve's interest-rate decision is not the only factor moving the stock market Wednesday afternoon. Just moments before the Fed's announcement, President Donald Trump said he is ...
Traders still expect 3 interest-rate cuts in 2025 after latest Fed statement
Futures traders still expect the Federal Reserve will cut interest rates three times in 2025 following the release of the central bank's latest policy statement. According to CME Group, futures tied ...
Trump says he won't pull back on tariffs to get China to negotiate
President Donald Trump said Wednesday he's not going to cut tariffs on China to get Beijing to come to the negotiating table, as top officials from the two countries prepare to meet this weekend.
U.S. stocks remain mostly higher after Fed holds rates steady while warning of rising risks of job losses, inflation
U.S. stocks were mostly higher on Wednesday afternoon after the Federal Reserve decided to leave interest rates unchanged at a target range of 4.25% to 4.50%, while warning about rising risks of ...
Fed meeting: U.S. central bank holds interest rates steady, warns of higher risk of job loss, inflation
The Federal Reserve, as expected, held its benchmark policy rate unchanged in a range of 4.25% to 4.5% on Wednesday. The policy rate has been at that level since December. In a statement, Fed ...
Bitcoin remains higher after Fed holds interest rates steady
Bitcoin remained higher after the Federal Reserve held its key interest rate steady at a target range of 4.25% to 4.50% on Wednesday. The largest cryptocurrency was up 1.8% Wednesday afternoon to ...
Treasury yields fall as investors assess Fed’s policy statement
Treasury yields were falling after the Federal Reserve announced that it decided to hold its benchmark rate steady. The yield on the 10-year Treasury note was down about four basis points at around 4.
U.S. bond ETFs rise as outcome of Fed meeting nears
The U.S. bond market was broadly rising on Wednesday as the Federal Reserve’s interest-rate decision neared. The Vanguard Total Bond Market ETF, an exchange-traded fund that provides broad exposure to ...
Text of Fed's May Monetary Policy Statement
For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...