What's breaking now, across thousands of outlets.
The Federal Reserve changed course and raised interest rates Wednesday for the first time since 2023. The rate hike will be an increase of 0.25 percentage points, bringing its target range to between 3.75% and 4%. Greg Robb, MarketWatch senior reporter and economics editor, joins CBS News with more.
We haven't written up this one. CBS News has the full story — the link below goes straight to it.
Key PointsBritish American Tobacco and Verizon both have high yields and are growing their dividends.
Key PointsIntel's foundry business lies at the heart of its long-term expansion strategy.
Key PointsThe CLARITY Act wasn't able to advance in the Senate yesterday after a failed vote.
J.B. Hunt shares dropped more than 13% after CFO Brad Delco told a Morgan Stanley investor conference that Q3 earnings would fall 5% to 10% from Q2.
As long as the Iran war continues, the impact on corporations and financial institutions will get worse.
Key PointsAgilysys shows strong momentum as it successfully scales its recurring subscription-based hospitality software model.
