HONG KONG — Asian shares were mostly higher Wednesday despite losses on Wall Street, as investors await the Federal Reserve’s decision on interest rates, with high expectations of a rate hike. U.S. futures also edged higher. There is widespread expectation that the Fed will hike rates Wednesday for the first time in three years as
➡️ Did someone forward this email to you? If you would like to receive this information directly, every morning before the markets open in New York, sign up here. ONE BIG THING Sam Altman: Safety standards ‘not at a place’ to push AI capabilities much further OpenAI CEO Sam Altman sits down with Fortune‘s Editor-in-Chief
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
The federal interest burden has reached a new height, exceeding even the 1991 record, but analysts warn the risks associated with servicing the ever-growing national debt today are much higher than they were 35 years ago, analysts warn. A recent analysis from investment management firm Doubleline noted that in 2025, the federal net interest payment
Donald Trump has called for interest rates to be cut later this month, claiming higher rates put the US at a “very unfair disadvantage”. The president’s remarks came as stronger-than-expected jobs figures in the US added to growing expectations that rates could be increased, with inflation still running high and American households feeling the pinch
MrBeast is the king of stunts. His next big challenge? Convincing his more than 500 million YouTube subscribers to log off and read a book. On Tuesday, the content creator released his first novel, “The Most Dangerous Games,” coauthored with bestselling writer James Patterson. As of Monday evening, the book was available for pre-sale and
