The Fed hits pause on interest rate hikes while it reviews more data

The Fed hits pause on interest rate hikes while it reviews more data

Washington, DC CNN  —  The Federal Reserve said Wednesday it will pause its rate hikes, keeping its benchmark lending rate at a 22-year high, while signaling fewer rate cuts next year. The move was widely expected, after the central bank signaled in recent weeks that it intended to wait for more data to understand how … Read more

Why stocks could avoid a steep selloff this September

Why stocks could avoid a steep selloff this September

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. CNN  —  US stocks typically see their worst performance of the year in September, but there are signs … Read more