Stocks give up early gains and fall after the Fed hikes interest rates
NEW YORK (AP) — U. S. stocks fell after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more increases may be ahead as it tries to get the nation’s high inflation under control. The S&P 500 sank 0. 4% Wednesday after giving up a modest gain from earlier in the day. The Dow Jones Industrial Average dropped 1. 2%, and the Nasdaq composite slipped less than 0. 1%. Stocks turned lower after the Fed’s chairman said repeatedly in a press its too...
Read MoreWed, 16 Sep 2026
- Stocks give up early gains and fall after the Fed hikes interest rates
- Sudan gold mine collapse kills at least 82 people with many more missing
- Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice
- Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
- Theres one issue where Republicans and Democrats are unified before the midterms, a new poll finds
- Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July
- Zuckerberg distances Meta from calls for a coordinated approach on an AI slowdown
- UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year
- EU chief Ursula von der Leyen says she wants Canada to become the blocs 1st associate member
- Honda HR-V vs Kia Seltos, a budget SUV Edmunds comparison
- EU chief proposes bloc-wide social media ban for kids under 13
- Egypts wind power push, tied to manufacturing, offers lessons for Nigeria and Africa
- AI rivals found rare agreement on safety. Putting it into practice is harder
- US-Canada trade war further taxes small businesses as costs rise during the Iran war
- Japan records a trade deficit for 4th month as oil imports soar
Tue, 15 Sep 2026
- Photographer Chick Harrity, who documented history for AP from Vietnam to the White House, has died
- Saudi crown prince goes to Egypt for support against Houthi strikes, and other Mideast developments
- Families of the 67 who died in the DC midair collision want reforms to prevent the next tragedy
- Maduro ally Alex Saab pleads guilty in a $195M money laundering case, agrees to cooperate
- Senate blocks cryptocurrency regulation as Democrats push back on Trump investments
- Carney says Canada can wait for the right conditions in Trump trade war and emerge stronger
- Saudi crown prince seeks Egypts backing as Houthi attacks rattle Red Sea oil routes
- $1.1 billion from Nike co-founder will build Oregons first womens hospital
- American incomes finally top pre-pandemic levels, fighting against inflation all the way
- US stocks slip after oil prices and the bond market crank up the pressure
- NATO jets shoot down drone over Lithuania and Russian ship fires flares at Danish helicopter
- China can block citizens from leaving the country over national security or tech export violations
- Suspected sabotage triggers a major Dutch rail outage during rush hour
- Belarus authoritarian leader meets US envoy to push for lifting sanctions
- Federal Reserve is expected to raise its benchmark rate, defying Trumps demands
- Carney heads to Europe for high-stakes speech and deeper EU ties as Canada clashes with Trump
- Microsoft commits to sweeping AI privacy rules for students. Will other tech giants follow?
- Gates Foundation warns AI could widen inequality as foundation pledges $1B to expand access
Mon, 14 Sep 2026
- Trump calls AI risks a hoax, says there is a SICK conspiracy against AI and data centers
- AI stocks drop, but the rest of Wall Street holds steadier after oil prices give back an early jump
- EPA eliminates rule that limits planet-warming greenhouse gas emissions from power plants
- Houthis seize 2 strategic Red Sea islands, and other Mideast developments
- Officials say 4 people were hospitalized after a crane collapsed at a Miami construction site
- Global customers crave texture, challenging companies to make crispier, gooier, chewier foods
- Supreme Court to decide whether to hear Maine lobstermans challenge to GPS boat tracker requirement
- Costco raises price for Kirkland motor oil, sets purchase limit
- Japanese utility execs resign over falsified quake safety data for 2 nuclear reactors
- The great American road trip, fueled by and undercut by the automobile that created it
- Oprah Winfrey wants you to reach your AHA moment at the Sphere
- New warnings about the risks of AI to humanity revive a long-running debate
- Carney pitches Canada to global investors as Trump tries to pull investment south
- Amazon suspends use of 21 Air, the cargo carrier whose plane careened off Miami runway and killed 5
- Trump agreed to new ethics rules to get a crypto bill across the line. But that might not be enough
- Trump calls on Ukraine to halt strikes on Russian diesel fuel, citing a global shortage
- Trump agrees to new bipartisan ethics provision in massive crypto bill, Republican senators say
- 60 Minutes opens 59th season on CBS with no direct mention of shows off-season turmoil
Sun, 13 Sep 2026
- Trump says hes lifting a 10% tariff on Irish whiskey because everybodys been bugging me about it
- Trump downplays the need to check AI development and says he doesnt want to cede edge to China
- At BRICS, Indias Modi warns geopolitical tensions and supply chain shocks threaten global stability
Sat, 12 Sep 2026
- Anthropic CEO Dario Amodei says AI industry needs to give safety measures time to catch up
- Why Canada? Americas northern neighbor seems an unlikely target for a trade war
- Crypto billionaires give $97 million to Reform UK, fueling concerns about money in politics
- BRICS leaders voice concern over Middle East, condemn unilateral sanctions at India summit
- For the US news industry, a tough summer draws to a close with McClatchy chains cuts
Fri, 11 Sep 2026
- US stocks jump after oil prices ease and an inflation update comes in near expectations
- Diesel prices are hitting record highs at a bad time for many US farmers
- Modi holds talks with Putin and Irans president before the BRICS summit of 11 nations
- No relief from inflation as Middle East clashes lifts fuel prices to painful levels
- Body camera video offers a rare look inside an immigration raid at a NY factory
- US officials declare an end to record-setting cyclospora outbreak, but its origin is still unknown
- US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods
Thu, 10 Sep 2026
- Anthropic says it blocked misuse of its AI that could have supported biological weapons
- Oil prices leap to their highest since May and drag Wall Street lower
- Trump wants to send Americans money. Congress and economists dont seem thrilled with the idea
- US home sales weaken to slowest pace in more than a year as mortgage rates, home prices climb
- Healthy Moms, Healthy Babies America pledges $100M to cut US maternal mortality rate in half
- US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb
- China says it hopes to agree with the US on tariff reductions at an early date
- European Central Bank raises interest rates a quarter point to quell energy-fueled inflation
- US unemployment claims dip to 206,000 as layoffs continue to remain rare
- Ralph Lauren delivers modern take on romance with sensual silhouettes
- Travel scams are getting harder to spot. Heres how to stay safe
- California officials allow plans for the countrys biggest kelp farm to move forward
- Chinas car exports in first 8 months surpass 2025 total, as EV sales soar
- Hong Kong court convicts Wall Street Journal publisher of deterring reporter from taking union role
- One Tech Tip: New iPhones arrive, but you can keep your old phone longer by caring for it
Wed, 09 Sep 2026
- Alcohol, whey and motorcycles are in the crosshairs of the US import ban on Canada products
- Racketeering conspiracy trial against Chinese tech giant Huawei begins in New York
- Stocks fall on Wall Street as oil prices jump back above $100 a barrel after Iran war escalates
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