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US Federal Reserve likely to lift interest rates to 22-year high

The US Federal Reserve is poised to announce a fresh quarter-percentage-point hike to its benchmark lending rate on Wednesday to tackle inflation, while keeping...

Global stock selloff on seven-year oil lows

WASHINGTON: The relentless fall of global oil prices spurred another sharp drop in global share markets Friday, as panicked investors fled the energy sector and financial stocks as well.

Wall Street flat amid growth concerns ahead of Fed meet

U.S. stocks were little changed at the open on Thursday amid fears of slowing global growth ahead of the U.S. Federal Reserve's interest rate meeting next week.
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