Fed keeps costs constant as it notes ‘lack of even more progress’ on inflation

Important Details

The Federal Reserve held its floor on curiosity rates, again choosing not to minimize as it proceeds a battle with inflation that has grown more hard lately.
The federal resources rate has been amongst 5.25%-5% given that July 2023, when the Fed previous hiked and took the variety to its greatest level in additional than two many years.
“The Committee does not expect it will be correct to minimize the target vary right until it has attained greater confidence that inflation is shifting sustainably towards 2 %,” the Fed’s assertion reported.

Source

Finance

Stocks making the biggest moves after hours: ON Semiconductor, Upwork, Chegg and more

February 9, 2026

Check out the companies making headlines after hours. ON Semiconductor — The semiconductor supplier dropped nearly 6% after posting fourth-quarter revenue of $1.53 billion, missing the LSEG consensus estimate of $1.54 billion. On the other hand, earnings of 64 cents per share, on an adjusted basis, topped the forecasted 62 cents per share. Upwork — […]

Finance

Stocks making the biggest moves midday: Oracle, Cleveland-Cliffs, Nexstar, Workday, Hims & Hers

February 9, 2026

Check out some of the companies making the biggest moves midday: Kyndryl Holdings — The IT infrastructure services provider spun out from IBM tumbled 55% after Kyndryl disclosed in a regulatory filing that its audit committee is reviewing the company’s cash management practices. It also reported CFO David Wyshner and General Counsel Edward Sebold have […]

Finance

Stocks making the biggest moves premarket: Oracle, Novo Nordisk, Hims & Hers Health, Kroger and more

February 9, 2026

Check out the companies making headlines before the bell. Oracle — Shares rose 2% after the technology firm received an upgrade to buy from neutral from DA Davidson. ” We believe that a revamped OpenAI will return to its position as Google’s top challenger and with a fresh stack of capital be able to live […]