Major US banks raise prime rate after first Fed rate hike since 2023
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Key PointsBerkshire Hathaway has tripled its position in Alphabet since Greg Abel became CEO, with purchases including a $10 billion private-placement deal.
CALGARY, Alberta, Sept. 16, 2026 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws.
Trump posted on Wednesday that US rates should be 1% or less and that the country has the strongest credit anywhere. He also wrote that cutting off trade with every nation the US runs a deficit with…
Despite pressure from Donald Trump, Fed chief Kevin Warsh has presided over a quarter of a percentage point rise to a range between 3.75% and 4%.