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Business

For Las Vegas business news covering casinos, energy, housing, entrepreneurs and more turn to Las Vegas Review-Journal.

THE LATEST Business NEWS
 
Fed unleashes another big rate hike but hints at a pullback

The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.

 
Stocks suffer worst day in 2 years; Dow down 1,250

The stock market fell the most since June 2020 following Wall Street’s humbling realization that inflation is not slowing as much as hoped.

Stocks snap 3-week losing streak, end broadly higher

The latest gains punctuated a holiday-shortened week of trading during which the market regained some of the ground it lost after a mid-August slump.

Dow drops 1K after Federal Reserve chief says rates will stay high

Stocks fell at first, then erased nearly all their losses, and then turned decisively lower with all but five of the companies in the S&P 500 ending up in the red.

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