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Stock market today: Global markets wobble after Fed sticks with current interest rates
World markets are wobbling after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates Read More
Business News
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Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target
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Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in Malaysia
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Change Healthcare cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO says
The beginning of the Change Healthcare cyberattack happened when hackers entered a server that lacked multifactor authentication
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Economic News
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Stock market today: Global markets wobble after Fed sticks with current interest rates
World markets are wobbling after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates
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Stock market today: Asian markets follow Wall Street swings after Fed keeps interest rates high
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates
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Pro-Palestinian banners. Blazing Olympic rings. Workers' May Day rallies confront turbulent times
Workers and activists around the world are marking May Day with largely peaceful rallies against rising prices and calling for greater rights
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Money News
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Iran commutes a tycoon's death sentence to 20 years in prison
Iran’s official IRNA news agency reported that a tycoon's death sentence has been commuted to 20 years in prison after he returned around $2.1 billion in assets from illegally selling oil abroad
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A Hawaii military family avoids tap water at home. They're among those suing over 2021 jet fuel leak
Richelle Dietz is a mother of two and wife of a U.S. Navy chief petty officer living on a Hawaii military base who often thinks about water
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Long lines form and frustration grows as Cuba runs short of cash
Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM
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