Comma News
Fed holds rates at 3.75%-4% in a 10-2 vote
The Fed kept its target range at 3.75%-4% in a 10-2 vote, with two officials dissenting in favor of a 0.25-point hike.
Latest Top Stories
Latest Top Stories
Business
Strategy holders approve daily preferred dividends
Preliminary results show 99.3% of votes in favor.
No Business stories in the last 48 hours. See all Business →
AI & Tech
Microsoft puts Azure revenue at $33.2B
In its first dollar disclosure, Microsoft said Azure grew 48% from a year earlier in the July-September quarter, about 36% of total revenue of $92.3B.
Google releases Gemini 4 Carbon
Google says the model improves coding, agentic tasks and cybersecurity.
No AI & Tech stories in the last 48 hours. See all AI & Tech →
Money
Fed holds rates at 3.75% to 4% in a 10-2 vote, with two officials favoring a hike
The Federal Reserve kept its benchmark federal funds rate in a range of 3.75% to 4% on Wednesday, with two of 12 voters dissenting in favor of a 0.25 percentage point increase.
Mortgage applications rise 3.4% as 30-year rate dips to 7.37%
U.S. mortgage applications rose 3.4% in the week ending Oct. 23 as the average 30-year fixed rate fell to 7.37% from 7.41%, its lowest in three weeks, the Mortgage Bankers Association said Wednesday.
No Money stories in the last 48 hours. See all Money →
US
Dolores Huerta, United Farm Workers co-founder and civil rights leader, dies at 96
Dolores Huerta, the labor organizer who co-founded the United Farm Workers union with Cesar Chavez, died Wednesday at her home in Bakersfield, California, at age 96, her family and the Dolores Huerta Foundation announced.
Legal aid groups sue to stop ICE from hiding locations of detainees with final deportation orders
Four immigrant legal services groups sued the Department of Homeland Security and ICE in federal court in Boston on Wednesday, challenging a September policy that stopped disclosing the locations of detainees who have final orders of removal.
No US stories in the last 48 hours. See all US →
Politics
Judge blocks administration's $20 million government-funded ad campaign in DNC lawsuit
U.S. District Judge Loren AliKhan in Washington on Wednesday issued a temporary restraining order barring the Office of Management and Budget and the Department of Homeland Security from developing or airing a set of government-funded ads, granting a request from the Democratic National Committee.
Pentagon tells Congress the Iran war has cost $47.1 billion
The Defense Department estimated that the war with Iran had cost $47.1 billion as of Oct. 16, up about $3.5 billion from its previous estimate through Sept. 3, according to a document provided to Congress and reported by Stars and Stripes, CBS News and AP.
No Politics stories in the last 48 hours. See all Politics →
Entertainment
Iran court sentences filmmaker Jafar Panahi to five more years in prison, his lawyer says
A Tehran Revolutionary Court has sentenced Palme d'Or-winning Iranian director Jafar Panahi in absentia to five years and one month in prison and ordered his assets confiscated, his lawyer Mostafa Nili told the Iranian reformist outlet Emtedad, according to Variety and AP.
Amazon MGM Studios says it will double investment in original Japanese films and series
Buddy Marini, the new head of Amazon MGM Studios Japan, said Wednesday at the TIFFCOM content market in Tokyo that the company will double its investment in original Japanese content, including live-action films, series and anime, Deadline and Screen International reported.
No Entertainment stories in the last 48 hours. See all Entertainment →
Health
FDA issues draft guidance for approving personalized gene-editing therapies for rare diseases
The FDA on Tuesday issued draft guidance laying out how sponsors can seek approval for gene-editing therapies tailored to each patient's genetic variant, the Department of Health and Human Services (HHS) said.
Artiva halts its autoimmune cell therapy after two trial deaths and cuts 94% of staff
Artiva Biotherapeutics said on Tuesday it is discontinuing development of AlloNK, an off-the-shelf natural killer cell therapy tested with rituximab in rheumatoid arthritis and other autoimmune diseases, and will not start a planned Phase 3 trial.
No Health stories in the last 48 hours. See all Health →
Travel
Residential cruise ship Villa Vie Odyssey halts its world voyage in Cambodia, citing fuel costs
Villa Vie Residences has suspended operations of the MV Odyssey in Sihanoukville, Cambodia, saying monthly fuel costs per cabin have jumped from about $1,800 to an estimated $6,000 to $8,000 in parts of Asia.
Norwegian beats profit forecasts but trims early 2027 capacity on fuel costs
Norwegian Air Shuttle reported third-quarter operating profit of NOK 2.7B, above the NOK 2.3B analysts expected, Reuters reported, while cutting planned first-quarter 2027 capacity by more than 5%.
No Travel stories in the last 48 hours. See all Travel →
Asia
SK hynix posts record quarterly profit on AI memory demand as Seoul's KOSPI jumps 6.6%
SK hynix said its third-quarter operating profit rose 632% from a year earlier to a record 83.33 trillion won, and South Korea's benchmark KOSPI index jumped 6.63% on Wednesday.
Hong Kong's exports jump 64.9% in September, the fastest growth in more than 40 years
Hong Kong's goods exports rose 64.9% from a year earlier to HK$762.6 billion in September, driven by AI-related electronics, the Census and Statistics Department said on Wednesday.
No Asia stories in the last 48 hours. See all Asia →
World
Netanyahu's Likud leads Israel's vote count, but neither camp has a clear path to a majority
Prime Minister Benjamin Netanyahu's Likud was on course to be the largest party after Tuesday's Israeli election, but neither his bloc nor Gadi Eisenkot's opposition camp had a clear route to a 61-seat majority, according to the BBC and The Guardian.
Two high-speed trains collide in central Spain, halting the Madrid-Andalusia line
Two high-speed passenger trains, one run by Renfe and one by Iryo, collided near Urda in Spain's Toledo province on Wednesday morning, and rail infrastructure manager Adif suspended high-speed service between Madrid and Andalusia.
No World stories in the last 48 hours. See all World →