The central bank left rates unchanged for a fifth straight meeting, holding off on an increase designed to fight rising prices even as three fed officials argued for higher rates.

Federal Reserve policymakers are losing patience with inflation, which has been stuck above their 2% target for more than five years

Reuters Fed reporter Ann Saphir says Federal Reserve Chair Kevin Warsh got a "family fight" with three of his new colleagues dissenting in favor of a rate hike. What is going on with Ukraine's government?

The Federal Reserve left a key interest rate unchanged with three officials voting to raise interest rates. The 9-3 vote to hold rates steady, in a range of 3.5%-3.75%, shows Fed officials are at odds.

Oil prices rose on Wednesday after President Donald Trump said the U.S. would order heavy strikes after Iran targeted American forces in the Middle East with ballistic missiles overnight.

Oil prices have plunged this week, tumbling on fresh hopes that the US and Iran could soon renew talks to end the war.

Iran is not engaged in ceasefire talks with the US, and an Iranian official said Tehran ‘will never allow the United States to determine the timing of war and peace.’ Follow along for live updates.

Oil futures fell for a third straight session on Tuesday, with global prices settling at their lowest in about two weeks, as Israel Prime Minister Benjamin Netanyahu met with U.S. President Donald Trump to discuss their war with Iran.

Microsoft (MSFT.O) on Wednesday said it expects to keep generating cash through its just-started fiscal 2027 and gave a ​capital expenditure forecast below Wall Street estimates after an accounting change for data center leases.

Cloud growth is one of the most important metrics to Microsoft investors, and Deutsche Bank analyst Brad Zelnick says Wall Street's "bogey" is likely for 40% to 41% constant-currency growth in Azure revenue.

Microsoft on Wednesday reported stronger-than-expected quarterly results, with its cloud business accelerating as demand for its services continued to rise. Revenue from Microsoft's Azure cloud platform rose 43% in the latest quarter,

Chief Financial Officer Amy Hood said she expected growth in the cloud unit to accelerate further in the current quarter, to about 45%.

Shares of American Tower gained after the company raised its outlook for the year, citing robust demand and leasing activity. The stock rose 4.7% to $174.62 on Tuesday. Shares are down 0.5% year to date.

Mobile, and Verizon Joint Venture American Tower (NYSE:AMT) raised its full-year 2026 outlook for the second time this year after reporting second-quarter growth in tower leasing and record leasing activity at its CoreSite data center business.

American Tower Corp. (AMT) on Tuesday reported a key measure of profitability in its second quarter. The results met Wall Street expectations.

Artisan Partners Asset Management (APAM) is scheduled to announce Q2 earnings results on Tuesday, July 28th, after market close. The consensus EPS Estimate is $0.91 (+9.6% Y/Y) and the consensus Revenue Estimate is $301.

Australia is planning to build its first new oil refinery since 1965 after petrol stations ran dry earlier this year.

The Australian government this week announced plans to construct a new large-scale oil refinery in Western Australia. If approved, it would be the first refinery to be built since the 1960s. The federal government initially touted the idea of a government-backed oil refinery in April.

Plans for this country's first new oil refinery for more than six decades have been announced by the prime minister to shore up local fuel security.

July 2026. More for You

A Chinese province better known globally for its stunning mountain landscapes than its technology investments has this week joined the ranks of the biggest winners from the artificial intelligence boom.

Shares of China’s ChangXin Memory Technologies exploded onto the Shanghai A-share market on Monday, July 27, 2026, closing up roughly 466% after intraday gains reached as much as 531% to 535%. The debut reordered the global memory landscape and pressured Micron Technology (NASDAQ:MU),

BluBird Capital managing partner Anni Sen discusses key technology investments, arguing Chinese chipmaker CXMT is not a serious competitive threat to Micron or SK Hynix. Sen also highlights surging demand for artificial intelligence memory,

This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today China’s memory-chip maker CXMT surged 466% on its first day of trading in Shanghai.