Stock Market Plummets Amidst Fed Decision and Oil Price Surge

Stocks fell sharply on Wednesday as the Federal Reserve held interest rates steady again despite continued inflation pressure.  The Dow Jones Industrial Average closed 1,153.18 points, or 2.19 percent, for its worst decline since April 2025 — when President Trump unveiled his sweeping “Liberation Da

Oil prices were back higher on Wednesday as U.S.-Iran tensions escalate again. As of late Wednesday afternoon, international benchmark Brent crude was trading at about $91  per barrel, up from as low as about $83 earlier this week.  That price is still well below the pre-ceasefire highs and prices l