The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two U.S. banks.
- WorldRussia hits Ukraine with missiles, drones as 'dear friend' Xi departs
Russia blasted an apartment block in Ukraine with missiles on Wednesday and swarmed cities with drone attacks overnight, in a display of force as President Vladimir Putin bid farewell to his visiting "dear friend" and Chinese leader Xi Jinping.
- MarketsExclusive: JPMorgan CEO Dimon scheduled to meet White House's Brainard during D.C. trip -source
CEOs of major banks gathered in Washington for a two-day meeting.
- WorldMacron stands firm on pension bill as protests escalate
French President Emmanuel Macron drew an angry response from unions and opposition parties when he said he would press on with plans to raise the pension age, rejecting calls for a U-turn.