Fed Issues First Rate Hike Since 2023
Plus, Treasury yields climb and OpenAI holds talks about new funding round
We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.
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The Federal Reserve Raises Interest Rates for the First Time in 3 Years. Here's What Investors Need to Know.
This could be just the tip of the iceberg.
Citi Raises Base Rate
NEW YORK — Citibank, N.A. said today it has raised its base lending rate to 7.00% from 6.75%, effective tomorrow, Thursday, September 17, 2026.
Forget Nvidia's Chips: Hugging Face Is the Real Reason to Own This Stock Now
Key PointsNvidia is paying a steep price for Hugging Face.
Ndindi Nyoro warns Kenya is heading toward debt default
Kiharu MP and former chairman of the National Assembly Budget and Appropriations Committee, Ndindi Nyoro, has warned that Kenya could face growing pressure to service its debt as global interest rates…