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The Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark a quarter point to 3.75%-4%. The vote was unanimous, 12-0, and 16 of the 18 policymakers who submitted forecasts penciled in at least one more increase this year. Inflation is running at 3.4%, unchanged from July bu
U.S. stocks were lower, with the Dow Jones index falling around 600 points on Wednesday. Shares of Ford Motor Co (NYSE: F ) rose sharply after the company reported better-than-expected second-quarter adjusted EPS results and raised its FY26 adjusted EBIT guidance. Ford reported second-quarter revenue of $44.89 billion,
F - Ford Motor shares rose 3.4% after the company raised its full-year profit guidance. -SM