U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September

Lenders have let borrowers pay interest with more debt to conserve cash. Like any financial maneuver, the short-term solution can’t weather a prolonged high-interest environment.

U.S. stocks ended lower but off their lows of the day on Wednesday as the Federal Reserve held interest rates steady as expected and Fed Chair Jerome Powell offered soothing comments on the economy.

Buried in a rote US Treasury survey released on the eve of the latest holiday weekend was a question that all of Wall Street wants the answer to: What’s the Federal Reserve’s plan once it’s done drawing down its crisis-era bond holdings?

On a weekly basis, Wall Street’s main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022.

The cryptocurrency market is showing signs of recovery as anticipation builds around the Federal Reserve’s upcoming rate decision.

U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S&P 500 fell 0.

Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off its sharp losses from the start of the week on Friday. The S&P 500 was 0.7% higher in morning trading.

FOMO has sent the Wall Street Pepe presale past $65.6 million, bringing a $100 million valuation into view. It might sell out in 10 days.

The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.

The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our columnist says.