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Michelle Davenport Business Editor

Federal Reserve Raises Interest Rates by 25 Basis Points After Three-Year Pause

September 20, 2026 by Michelle Davenport Business Editor
Federal Reserve Raises Interest Rates by 25 Basis Points After Three-Year Pause

The Federal Reserve raised its benchmark interest rate by 25 basis points to a target range of 3.75% to 4% in a unanimous 12-0 vote, marking the first rate hike since July 2023.

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Federal Reserve Raises Interest Rates to Combat Persistent Inflation

September 19, 2026 by Michelle Davenport Business Editor
Federal Reserve Raises Interest Rates to Combat Persistent Inflation

The Federal Reserve raised interest rates by a quarter percentage point on Wednesday in an effort to slow accelerating inflation, marking the first time the central bank has used…

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Bank of Japan Raises Benchmark Interest Rate to 1.25%

September 18, 2026 by Michelle Davenport Business Editor
Bank of Japan Raises Benchmark Interest Rate to 1.25%

The Bank of Japan raised its benchmark interest rate to 1.25% on Friday, September 18, 2026, marking a 31-year high.

Categories Business Tags Ayano Sato, Federal Reserve, Katsutoshi Inadome, Sumitomo Mitsui Trust Asset, Toichiro Asada Leave a comment

Wall Street Rebounds as Tech Rally Lifts Major U.S. Stock Indexes

September 17, 2026 by Michelle Davenport Business Editor
Wall Street Rebounds as Tech Rally Lifts Major U.S. Stock Indexes

Wall Street rebounded sharply on Thursday, led by a tech-heavy rally as easing oil prices, dropping Treasury yields, and solid labor data helped markets move beyond the Federal…

Categories Business Tags Federal Reserve, Robert Conzo, Robert Pavlik, Ross Mayfield, Wall Street Leave a comment

America Has Millions of Wealthy Business Owners, IRS Data Shows

September 17, 2026 by Michelle Davenport Business Editor
America Has Millions of Wealthy Business Owners, IRS Data Shows

America is home to roughly five million households worth at least $5 million, according to research by economists Owen Zidar and Eric Zwick.

Categories Business Tags Chicago Booth School, Eric Zwick, Owen Zidar, Wall Street Leave a comment

Continental Resources Signs Deal to Develop Venezuela’s Ayacucho 2 Block

September 16, 2026 by Michelle Davenport Business Editor
Continental Resources Signs Deal to Develop Venezuela's Ayacucho 2 Block

Continental Resources signed a memorandum of understanding on September 16, 2026, to develop the 126,000-acre Ayacucho 2 Block in Venezuela’s Orinoco Belt.

Categories Business Tags Continental Resources, Harold Hamm Leave a comment

Fed to Hike Interest Rate

September 16, 2026 by Michelle Davenport Business Editor
Fed to Hike Interest Rate

Federal Reserve policymakers meet in Washington on September 16, 2026, with traders pricing in a nearly 93% chance of a quarter-percentage-point rate hike.

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Federal Reserve Chair Kevin Warsh

September 16, 2026 by Michelle Davenport Business Editor
Federal Reserve Chair Kevin Warsh

Federal Reserve Chair Kevin Warsh used his debut speech at the annual economic symposium in Jackson Hole, Wyoming, to emphasize fighting inflation and signal potential support for…

Categories Business Tags Federal Reserve, Federal Reserve Chair Kevin, Jackson Hole Leave a comment

Federal Reserve Chair Kevin Warsh Faces Rate Decision Amid Inflation

September 16, 2026 by Michelle Davenport Business Editor
Federal Reserve Chair Kevin Warsh Faces Rate Decision Amid Inflation

Federal Reserve Chairman Kevin Warsh is confronting a high-stakes policy test as the Federal Open Market Committee approaches its scheduled September 15–16 meeting, caught between…

Categories Business Tags Federal Reserve Chairman Kevin, Kevin Warsh, white house, Yahoo Finance Leave a comment

Treasury Secretary Scott Bessent Defends Economic Policy Before House Panel

September 16, 2026 by Michelle Davenport Business Editor
Treasury Secretary Scott Bessent Defends Economic Policy Before House Panel

Treasury Secretary Scott Bessent defended U.S.

Categories Business Tags House Financial Services Committee, Representative Maxine Waters, Treasury Secretary, Treasury Secretary Scott Bessent Leave a comment
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