WASHINGTON – The Federal Reserve on Wednesday voted to hold its key interest rate steady as policymakers navigate their way through higher-than-expected inflation readings, mixed signs on the labor market – and a war. In a widely expected decision, the Federal Open Market Committee voted 11-1 to keep the benchmark federal funds rate anchored in…
With Micron Technology set to report earnings after the bell Wednesday, analysts will looks for signs on whether the company can keep up with the outsized demand for its advanced memory chips. Micron manufactures high-performance DRAM and high-bandwidth memory chips, two pieces of hardware critical to powering AI data centers, making the company a beneficiary…
The Iran war is hammering market sentiment in Europe, and investors are increasingly gloomy about the prospects for the continent’s growth, according to Bank of America ‘s latest survey of European fund managers. They’re slashing exposure to eurozone-area stocks amid fears of flatlining growth and a stagflation shock resulting from the ongoing conflict , per…
A petrol pump on a Shell forecourt on March 9, 2026 in London, England. Dan Kitwood | Getty Images News | Getty Images Welcome to this week’s CNBC U.K. Exchange. Few issues are more troublesome for the British government than the cost of filling a car. No government has dared overturn a freeze in fuel duty,…
View of the interior of a furnace in an aluminium foundry. Monty Rakusen | via Getty Images The U.S. and Israel’s war with Iran has upended the supply of aluminum in the Middle East, sending prices of the base metal skyrocketing. While aluminum may be the most abundant metal on earth, it is crucial to…
Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices. The producer price index, a measure of pipeline costs that producers receive for their products, increased a seasonally adjusted 0.7% on the month, the Bureau of Labor Statistics reported Wednesday. Excluding volatile food and energy…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 17, 2026. Brendan McDermid | Reuters Treasury yields were little changed on Wednesday as investors await the Federal Reserve’s next policy decision on interest rates, due later in the session. The benchmark 10-year Treasury yield was down by more…
Bain Capital has started reaching out to potential buyers for its stake in Bridge Data Centers, according to two people familiar with the matter, as the private equity firm eyes exits amid rising demand for AI infrastructure. Citigroup and JPMorgan are running the sale process and have sent out preliminary marketing materials to investors to…
Cuba’s President Miguel Diaz-Canel gestures during the BRICS summit second plenary session in Rio de Janeiro, Brazil, on July 6, 2025. Pablo Porciuncula | Afp | Getty Images Cuba’s President Miguel Díaz-Canel on Wednesday lashed out at the “almost daily” threats from the U.S. and pledged to meet the Trump administration’s move to choke off the…
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images LONDON — European stocks opened broadly higher on Wednesday as the…
