• Wall Street ends lower in wake of Fed hike

    10 days ago - By Reuters

    NEW YORK - U.S. stocks ended lower on Wednesday in a choppy session after the Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes in the coming months.
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  • The Latest: Shares in homebuilders fall ahead of Fed meeting

    10 days ago - By Chron

    WASHINGTON - The Latest on the Federal Reserve policy meeting :
    12:30 p.m.
    Homebuilders are taking a beating on Wall Street ahead of Wednesday afternoon's Federal Reserve meeting, where analysts are expecting a rate increase.
    The Fed's rate hikes can translate into higher interest rates for credit card holders and homeowners with adjustable-rate mortgages or home-equity lines of credit.
    The construction industry is already wrestling with rising costs for labor, material and available land. External factors, like rising gasoline prices, may also be putting the squeeze on potential...
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  • Wall Street flat as Fed decision awaited

    10 days ago - By Reuters

    U.S. stocks were little changed on Wednesday, ahead of a widely expected interest rate hike by the Federal Reserve, with focus on its guidance on the economy and monetary policy.
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