CNBC✓

Wall Street looks past Fed pause to tech earnings and AI rebound

In April, the St. Louis Federal Reserve said estimates suggest the U.S. is short between 3 million and 5 million housing units. Existing homes are also growing older, with the median age reaching around 43 years, a record high, according to Raymond James estimates. Nearly 60% of all standing homes were built before 1990, Raymond James said. More:

Anthropic’s public benefit structure creates unusual risks for IPO investors

"What are you waiting for?" DoubleLine founder Jeff Gundlach told CNBC’s “Closing Bell” on Wednesday that it’s unclear why the Federal Reserve is waiting to hike rates further. Read the full story here:

Fed Chairman Kevin Warsh said the central bank will cut back on the number of meetings where members vote on rates. "We believe eight meetings per year is the right number for the FOMC, but in 2027, one meeting will focus exclusively on broad monetary policy strategy, with neither a vote on the federal funds rate nor a policy statement anticipated," Warsh said. Read more:

The Fed voted Wednesday to hold its benchmark interest rate steady. At the press conference that followed, Fed Chairman Warsh disclosed some of his thinking about where the U.S. economy stands, and how that affects monetary policy. Here are five key takeaways:

Here are five key takeaways from the Fed rate decision and Warsh news conference

These stocks were the S&P 500, Nasdaq and Dow's top market movers for the day — October 28, 2026. 📈📉

The S&P 500 rose on Wednesday as investors reacted to the Federal Reserve’s latest interest rate decision and awaited earnings reports from mega-cap technology companies.

CoreWeave and other neocloud stocks drop after Microsoft capex comes in below expectations

Frontier Airlines reported a 71% increase in airfare in the third quarter as the country’s largest budget airline tried to pass along an even bigger jump in jet fuel prices. Frontier’s fare revenue averaged $67.82 per passenger in the third quarter, compared with $39.74 last year. Including the budget airline’s many fees, such as for checked and carry-on luggage, total revenue per passenger rose 30% on the year to $138.22. Find more details:

Stocks making the biggest moves after hours: Alphabet, Microsoft, Chipotle, ServiceNow, Fortinet & more

Fed Chairman Kevin Warsh discusses the Federal Reserve's decision to hold rates steady at the target range of 3.75% to 4%. Read more:

When asked by CNBC's Brian Sullivan about bond yields on AI-related debt, Treasury Secretary Scott Bessent said “we monitor” it, but that it didn’t need to cause concern. Find more here:

TONIGHT: Jim Cramer interviews the CEOs of WM, ServiceNow and Chipotle on "Mad Money." Tune in to CNBC at 6 p.m. ET to watch live.

Treasury Secretary Scott Bessent sat down with @SullyCNBC for a wide-ranging interview discussing energy prices, the bond market, the Federal Reserve and much more. Watch the full interview:

DoorDash's deal to buy Instacart coming as early as Thursday morning, sources tell CNBC

FedEx beats expectations, raises outlook in first report since calendar adjustment

Treasury Secretary Scott Bessent spoke with CNBC's Brian Sullivan today after the Fed announced it would keep interest rates unchanged. Find more here:

Bessent says 'not necessarily' a mistake if the Fed hikes again