What sky-high borrowing costs mean for you and your money

JPMorgan Asset Management Chief Market Strategist Gabriela Santos analyzes the Federal Reserve’s decision making on ‘The Claman Countdown.’ The Federal Reserve signaled at the conclusion of its two-day meeting on Wednesday that interest rates will remain elevated for some time, forcing Americans to adapt to a reality where borrowing money is far more expensive than … Read more

US widens Russia sanctions in banking crackdown

3 hours ago By Tom Espiner, BBC News Getty Images The US has broadened its sanctions on Russia, including a fresh crackdown on banks dealing with sanctioned entities. It expands a December programme to sanction foreign banks deemed to be aiding Russia’s war effort in Ukraine. The US also placed sanctions on the Moscow stock exchange, leading … Read more