The Invesco QQQ Trust, which tracks the technology-heavy Nasdaq-100 index, holds near unchanged in choppy trading after the Fed announced its rate hike.
Living With Climate Change: World Water Day: A quarter of the globe has no access to safe drinking water
World Water Day brings first U.N. conference on dangerous drinking and sanitation since the 1970s and renews a pledge for eliminating water crises by 2030.
FA Center: Can Social Security keep pace with high inflation? Maybe not, but you can still fight back.
The 8.7% COLA for Social Security recipients in 2023 may not be not enough to offset rising prices.
: SoFi says it will let members increase their FDIC insurance to $2 million for checking and savings
SoFi says Wednesday that those with its checking or savings accounts will be able to access up to $2 million of FDIC insurance.
: Starbucks workers strike at more than 100 U.S. stores to welcome new CEO
Employees are demanding an end to what they say is the company’s union-busting, calling on the new CEO to make changes.
: First Republic Bank drops after expected quarter-point Fed hike; bank stocks fall
First Republic Bank stock drops after the Federal Reserve’s policy meeting, as investors wait for further support for the bank; PacWest and MoneyLion fall.
: Carvana stock rallies 8% after car retailer updates outlook
Carvana Co.’s stock jumped 8% Wednesday after the car retailer updated its fiscal first-quarter guidance and launched a bond swap to stave off its cash burn.
Movers & Shakers: GameStop’s stock soars while PacWest shares tumble, and other stocks on the move
Here were some of the most active stocks in premarket trade, as investors waited for the Federal Reserve to announce its latest interest rate decision.
The Ratings Game: Nike share-price targets lifted as analysts cheer third-quarter results
Markdowns weighed on the company’s gross-margin forecast.
: House Financial Services Chair McHenry won’t take Fed’s word on SVB failure
The head of the House Financial Services Committee pledged Wednesday that his panel “has a very important role to play” in SVB investigation.
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