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Amid pressure from President Donald Trump to keep lowering interest rates, the Federal Reserve held steady.

El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key international lender to make acceptance of the cryptocurrency voluntary. The Congress is dominated by lawmakers from Bukele's New Ideas Party. In 2021, El Salvador became the first country to make the cryptocurrency legal tender alongside the U.S. dollar, which it adopted two decades earlier.

NEW YORK (Reuters) -The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation changes, Goldman Sachs CEO David Solomon said in comments posted on the firm's website on Wednesday. "Unless we get some policy action that really changes the trajectory of inflation, I think we'll be in a narrow band with the policy rate," Solomon said on the firm's podcast.

"In our view this is a correction and not the start of a sustained bear market," Goldman Sachs said. DeepSeek sparked a $1 trillion market rout on Monday.

Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its shares up in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts. CEO Mark Zuckerberg said he expects 2025 to “be the year when a highly intelligent and personalized AI assistant reaches more than 1 billion people, and I expect Meta AI to be that leading AI assistant.” “We continue to make good progress on AI, glasses, and the future of social media,” Zuckerberg said in a statement.

Caution prevails as the Fed keeps interest rates unchanged and Nvidia sinks again, weighing on tech stocks.

A week after Trump sparked a meme coin frenzy, the president's social media company announced Truth.Fi, offering financial services for "American patriots."

DeepSeek’s success initially rattled investors’ assumptions about the AI spending wave that has swept through Silicon Valley in recent years.

Shares in Royal Caribbean hit another record high Wednesday after soaring yesterday following a better-than-expected earnings report from the cruise line operator. Monitor these important chart levels.

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.