Oil Breaks $100 Again: What It Means for Your Money
Oil is back above $100, but the bigger story may be what happens next to gasoline, inflation, interest rates, and household budgets. With the Federal Reserve meeting October 28, energy prices could become an increasingly important part of the market setup.
Fed Hikes Rates as Policymakers Signal More Increases
The Federal Reserve raised rates for the first time in more than three years, but 16 of 18 policymakers are already signaling that another increase may follow. Now the focus shifts to Treasury yields and whether the early rebound in U.S. stock futures survives when markets reopen.