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The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated. The Fed also now expects the economy to grow more slowly this year and next than it did three months ago, according to a set of quarterly economic projections also released Wednesday. Eight of the 19 Fed officials said they see only one or zero rate reductions this year, up from just four in December.

Egg prices may be on the decline, but its producers have been raking in the profits.

The Magnificent Seven stocks are having their worst quarter in more than two years — and are dragging down the S&P 500 with them.

(Bloomberg) -- Traders are ratcheting back wagers on US interest-rate cuts as they seek clarity from the Federal Reserve amid a thicket of economic and political crosscurrents.Most Read from BloombergThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesJust one week ago, US short-term futures markets reflected expectations for almost three-quar

Bernstein analysts predict that Coinbase stock could rise by 69% to at least $310, citing the growing U.S. role in digital assets.

Wall Street is debating whether the sell-off marked a bottom for stocks as the Fed holds its policy meeting.

Wall Street is sounding the alarm over Tesla's stock slump. The sentiment among employees? Shrug.

(Bloomberg) -- Tesla Inc. has gone from Wall Street’s hottest trade to most hated in a matter of months. Compounding the stock’s woes this week, a rival out of China has one-upped the company on what’s supposed to be Elon Musk’s forte: EV innovation. Most Read from BloombergHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsA Malibu Model for

The volatility we've seen become pervasive among risk assets has more than bled through into the cryptocurrency sector. Three of the most-watched (and most valuable) tokens today are Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE). Following the post-Trump election victory, which saw Bitcoin rise to new all-time highs, and other top tokens like Ethereum and Dogecoin also see their fair share of upside, the performance of these top three cryptocurrencies has been overtly negative since Inauguration Day.

U.S.-listed shares of XPeng tumbled Tuesday after the Chinese electric vehicle maker's fourth-quarter results fell short of what analysts had expected.