The Federal Reserve’s hiking cycle suddenly looks alive again. Wall Street was already growing nervous. Oil had pushed back above $100, bond yields were surging, the AI capital-expenditure boom continued to add pressure to credit markets, and Thursday’s producer-price report—which feeds into the Fed’s preferred inflation gauge—came in surprisingly hot. But Chair Kevin Warsh’s ambiguity
Prices in the US rose by 3.4% in the year to August, with the cost of living pushed up by higher gasoline prices, official figures show. The overall inflation rate was unchanged from July, according to the Bureau of Labor Statistics (BLS). It comes ahead of the Federal Reserve making its latest interest rate decision
Investors tend to dread rate hikes, but some Wall Street pros say not to fret too much if the Federal Reserve raises interest rates this year. Odds are high that the Fed will hike rates at least once in the remaining months of 2026. As of Thursday afternoon, markets were pricing in a 71.8% chance
Cord-cutters escaped the cable bundle only to rebuild it, one streaming subscription at a time. Subscribing to eight major streaming services without ads or bundle discounts now costs $139.41 a month, or $1,672.92 a year, according to a calculation of the platforms’ published U.S. list prices as of Sept. 8, 2026. Choosing each service’s standard,
Following the Federal Reserve is the closest thing market-watchers have to an ongoing soap opera. The “will they / won’t they” push-and-pull around interest rates can turn on a dime, depending on the day’s news. The central bank’s next move is always under a microscope. But for the entirety of 2026 so far, the Fed
Surprisingly healthy employment data has tipped expectations for a rate hike at the Federal Open Market Committee’s (FOMC) meeting higher this week, with interest rate traders now placing the likelihood at 58.4%. According to CME’s FedWatch, nearly 60% of investors are betting on a 25bps hike to 3.75% to 4%, with the remainder of bettors