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Finance & Markets

Aggressive Rate Hike Bets Raise Stakes for Fed

The Federal Reserve is expected to lift interest rates today for the first time since 2023 as policymakers lose confidence that inflation will cool sufficiently without at least a nudge from the central bank. Michael McKee, International Economics & Policy Correspondent with Bloomberg News, tells us what he expects from today's Fed decision. (Source: Bloomberg)

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SCMB, TTXD: Big ETF Outflows

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SCHD, NBIZ: Big ETF Inflows

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Russia Extends Diesel Export Ban Through October

Russia will extend its ban on diesel exports for all fuel producers to October 31, Vedomosti reported Tuesday, citing delayed refinery maintenance and the need to rebuild fuel reserves before winter.

  • Russia extends diesel export ban until October 31
  • Refinery maintenance delays and winter preparations cited
  • Diesel prices in U.S. hit record $6.27 a gallon

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