Markets sing after Federal Reserve raises rat...

Tesla reported its first cash burn in more than two years in the second quarter, and US oil refineries are running at full tilt as wars in the Middle East and Ukraine choke global supplies of fuels such as diesel. Plus, the UK consumer price index dropped in June, and Deutsche Ba ...  Show more

Ukraine has a new commander-in-chief after days of protests, and FT calculations show the US has collected more than $13bn in revenues from Venezuelan oil sales this year, but it's unclear what has happened to the money, and US President Donald Trump may unleash fresh tariffs on ...  Show more

Why are some economists saying the biggest interest rate hike in more than two decades should help us all in the United States and bring prices on everyday items down? Plus, Ukrainian forces push back against Kremlin fighters trying to storm the Mariupol steel plant while civilia ...  Show more

The war in Eastern Europe has led to a meaningful shift in the market’s perception of what the Federal Open Market Committee will do when it meets in two weeks. Fed fund futures are still pricing in a greater than 80% chance of a rate hike. But the odds of a 50-basis-point boost ...  Show more

America’s central bank raised rates by .75% yesterday—the biggest increase in almost 30 years. Whether that will help tame rising prices without ...  Show more

Episode 112: Neal and Toby discuss the Federal Reserve's decision to approve a hike in interest rates to combat inflation that brought them to 5.25-5.5%, which is the highest in 22 years. The guys also recap the Congressional UFO hearing and explain why automakers are banning tog ...  Show more