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Fed interest rate decision June 2026: Fed holds rates steady

WASHINGTON – Kevin Warsh‘s first meeting as Federal Reserve chairman concluded Wednesday with no change in interest rates, the removal of key language indicating a bias toward future cuts, and a dramatically shorter policy statement. The Federal Open Market Committee voted unanimously to keep its benchmark overnight borrowing rate anchored in a range of 3.5%-3.75%....
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Trump sabotages Senate bid to fast-track Clayton as DNI

President Donald Trump on Wednesday said he will be “cancelling” the confirmation hearing for U.S. Attorney for the Southern District of New York Jay Clayton to become the director of national intelligence. It’s unclear why Trump is trying to delay Clayton’s confirmation hearing, scheduled for Wednesday afternoon. The president rolled through a list of grievances...
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Space race spurs luxury hotel land grab on Florida coast

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. More...
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SpaceX gains 3% after surpassing Amazon in market cap

SpaceX shares rose 3% in premarket trading on Wednesday, as the Elon Musk-led company extended a remarkable rally that’s seen the stock surge around 62% since a blockbuster IPO on Friday. Consistent gains for SpaceX this week pushed its market cap above Amazon on Tuesday, and it briefly surpassed Microsoft to become the fourth-largest company...
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How we rank all 50 US states

American business sits on a knife’s edge in 2026. On one side lies seemingly endless opportunity from emerging technologies like artificial intelligence, from massive investments in key industries like national defense and healthcare, and from equity markets trading at or near record highs. On the other side sits war (both trade and the military kind),...
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