Trump demands 1% or lower interest rate after first Fed hike since 2023
President Donald Trump on Wednesday demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.
Markets
Dollar Soars as Fed Hikes Rates and Signals More to Come
The dollar index (DXY00) rallied to a 1.5-month high on Wednesday and finished up by +0.64%. The dollar found support Wednesday on signs of US economic growth after Aug retail sales rose more than expected. The dollar r…
Lennar B earnings missed by $0.09, revenue fell short of estimates
Alibaba's stock surged despite missing Q4 revenue and EPS targets, driven by strong Cloud Intelligence Group growth (38% YoY) and AI momentum. AI-driven cloud offerings reached $1.3 billion, with projected over 50% segm…
Stocks Supported by Lower Oil Prices and Strength in US Retail Sales
The S&P 500 Index ($SPX) (SPY) is up by +0.18% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.68%. E-mini S&P futures (ESU26) are up +0.29%, a…
EXE Selling Below CEO's Recent Buy Price
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on June 12, Expand Energy Corp's CEO, Michael Wichterich, invested $88,900.00 …
Oil extends losses as Saudi Arabia reportedly offers ship-to-ship crude transfers after pipeline hit
Oil prices extended their decline to Thursday as concerns over disruptions to supply, following attacks on the Saudi Arabia's key East-West pipeline, eased.
Here are five key takeaways from Wednesday's Fed rate hike
The Federal Reserve on Wednesday delivered a much-expected interest rate hike, and Chairman Kevin Warsh followed with a notably terse news conference at which he stressed policymakers' staunch commitment to tackling inf…
My rental property is paid off, but I need cash. Is this a bad time to take out a $50,000 HELOC?
* Sample rates and APRs are subject to change. All information provided here is accurate as of September 8, 2026, and may change at any moment.
Hyperscaler debt signals warning sign, Apollo cautions
Corporate debt issued by the giant cloud computing players powering the artificial intelligence boom is getting riskier, private equity firm Apollo Global Management warned on Wednesday.
Nat-Gas Prices Slip as European Gas Prices Retreat
Nat-gas prices retreated from a 1-week high on Wednesday and settled lower as a decline in European nat-gas prices to a 1-week low sparked long liquidation in US nat-gas futures. Nat-gas prices initially rose on Wednesd…
House votes to hold Leon Black in contempt of Congress over Epstein subpoenas defiance
The House of Representatives voted Wednesday to hold billionaire Leon Black in contempt of Congress for his refusal to comply with subpoenas issued to him related to a committee's ongoing investigation of the notorious …
Cocoa Prices Trade Sideways Below 11.5-Month Highs
December ICE NY cocoa (CCZ26) is up +57 (+0.96%) today, and December ICE London cocoa #7 (CAZ26) is up +64 (+1.48%).
Adidas cuts jobs in India technology team
Adidas has reduced its technology workforce in India as part of a broader effort to simplify its operations, with the job cuts reportedly affecting nearly half of the employees at its Gurugram technology hub. The German…
Jeff Gundlach says the Fed should have hiked rates by more to fight rising inflation
The Federal Reserve should have hiked rates by more on Wednesday instead of a just a quarter point, according to Jeff Gundlach, founder of DoubleLine.
15 stocks that have grown dividends the most — and nearly all have beaten the S&P 500
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Trump's Kennedy Center closure is 'unlawful,' Rep. Beatty tells judge in emergency hearing request
Rep. Joyce Beatty asked a judge Wednesday to hold an emergency hearing on what the Ohio Democrat called the "unlawful" closure of the Kennedy Center by President Donald Trump and the performing arts facility's board of …
House set to pass sweeping Russia sanctions bill honoring Lindsey Graham
The U.S. House is expected to pass a Russia sanctions bill introduced over a year ago by the late Sen. Lindsey Graham, R-S.C., on Wednesday afternoon, sending it to President Donald Trump's desk.
Boeing CEO: 737 Max production taking 'a little bit longer' to stabilize than expected
Boeing's 737 Max production is taking "a little bit longer" than expected to stabilize, and the company expects to increase its output of the planes next year, CEO Kelly Ortberg told investors Wednesday.
Hog Weakness Continues, as Traders Look to Wednesday
Lean hog futures were lower on Tuesday, with contracts down 60 cents to $1.70.b Open interest was up 5,392 contracts on Tuesday. USDA’s national base hog price was reported at $84.58 on Tuesday afternoon, up $1.76 from …
World's top-performing sovereign wealth fund warns of looming pullback in U.S. stock market
Investors behind the world's top-performing sovereign wealth fund warned Wednesday that the U.S. equity market could be due a correction.
Cattle Look to Wednesday Following Tuesday Correction
Live cattle futures slipped back lower on Tuesday with contracts down $1.42 to $1.90 at the close. Open interest was down 8,019 contracts on Tuesday. Cash trade has yet to get kicked off this week, as last week showed s…
J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall
Shares of J.B. Hunt plunged more than 10% on Wednesday after the trucking company said it expects its earnings to drop in the third quarter.
OpenAI investors have approached the company about a new funding round
Investors have floated a $1.2 trillion valuation to OpenAI, and some have positioned the potential new funding round as a way for employees to sell stock, according to the people, who asked not to be named in order to d…
GBIL: Large Inflows Detected at ETF
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Goldman Sachs Treasury Access 0-1 Year ETF (Symbol: GBIL) where we have detected an appro…