Fed Chair Jerome Powell said higher rates are here to stay for now.
Share:
More In Business
Stocks Jump After Mergers, Earnings and Ahead of Economic Data, Fed Decision
Stocks jumped in Monday's early session after a slew of earnings and other news events that saw the market attempt to make a positive finish to a rough month. Investors also braced for a rate decision from the Federal Reserve as well as the latest jobs report this week.
Candy Inflation Hits Double Digits for the Second Halloween in a Row
Cocoa prices are trading at 44-year highs and global sugar prices are at 12-year highs.
Big Business This Week: Auto Strike Breakthrough, Robotaxis Stalled and More
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Stretching Your Dollar: What to Know About Open Enrollment 2023
What to know about open enrollment.
Stretching Your Dollar: How to Enjoy NYC This Fall on the Cheap
How to enjoy NYC without breaking the bank.
Google's Head of Search Testifies at Trial
Google's Head of Search Testifies at Trial
Exxon Profits Up From Q2, Chevron Reports Q3 Misses
Exxon Profits Up From Q2, Chevron Reports Q3 Misses
W.H. Program to Convert Commercial Buildings for Residential Use
W.H. Program to Convert Commercial Buildings for Residential Use
FTX Founder Sam Bankman-Fried Testifies Before Jury
FTX Founder Sam Bankman-Fried Testifies Before Jury
