Federal Reserve set to issue interest rate decision as midterm elections loom
Markets expect the central bank to hold rates steady for now.
We haven't written up this one. ABC News (US) has the full story — the link below goes straight to it.
More in Finance & Markets
The rand softens as oil prices rise, Fed in focus
At 06:52 GMT, the rand traded at R16.68 against the dollar, down 0.2% from its previous close
- South African rand weakens to R16.68 per dollar
- Oil prices surge 1% after Saudi refinery attack
- Fed's policy decision and inflation data eyed closely
Bitcoin has soared 50% on average after midterms. The S&P 500 has gained 15%.
Both bitcoin and the S&P 500 have historically produced positive returns in a year after midterms. BTC's pattern, however, could also be explained by the four-year halving cycles.
Moody’s assigns investment-grade ratings to Ripple’s RLUSD stablecoin
Moody's Ratings assigned the RLUSD A2 long-term and P-1 short-term ratings, citing credit quality and market value of its reserve assets.
Major European banks’ third-quarter profits beat forecasts
Deutsche, BNP, Santander and StanChart beat forecasts, while UBS in line after HSBC disappointment.
Hyundai Motor India Q2 Results: Standalone profit falls 24% to Rs 1,189 crore, but revenue rises 18% YoY
Hyundai Motors India has reported a standalone net profit of Rs 1,189 crore for Q2 FY27, reflecting a notable decrease of 24% compared to Rs 1,570 crore during the same period last year.
Lululemon vs. McDonald's: Can a Beaten-Down Growth Stock Outshine a Dividend Giant?
Key PointsLululemon offers growth and turnaround potential at a lower valuation, but there is reason to be worried about its future.