LIVE WIRE
Beatpost
THE TLDR EDITION
BUSINESSPhiladelphia Inquirer·1d ago

Stocks give up early gains and fall after the Fed hikes interest rates

Photo · Seth Wenig
AI TLDR · GEMINI
AI TLDR is temporarily unavailable. Read the publisher summary below or try again later.

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

SHARE THIS STORY

READ NEXT

More on the wire

crime24m ago

FROM THE PUBLISHER

A federal immigration officer is pleading not guilty to federal charges that he lied to the FBI about being attacked before he shot and wounded a Venezuelan man during the immigration crackdown in Minneapolis

Philadelphia Inquirer
events29m ago

FROM THE PUBLISHER

Opening batter Travis Head has smashed a 75-ball hundred to lead Australia to a series-clinching 84-run victory in the second cricket ODI against Zimbabwe in Harare

Philadelphia Inquirer
sports1h ago

FROM THE PUBLISHER

The Titans have a Goliath in the middle of their defense. How concerned should the Eagles be as they prepare with a backup OG?

PhillyVoice

HEADS UP · COOKIES

We use anonymous analytics and (with your OK) session recordings to make Beatpost better. Read the details.

INSTALL THE APP

Install Beatpost

One tap to keep your city's wire on your home screen — no store, no login.