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But investors are likely to focus less on what policymakers do Wednesday — and more on what they say about the future. Wall Street will closely watch whether Fed policymakers expect to make another interest rate increase before the end of the year or whether they are edging closer to the next phase in their fight against rapid inflation. Central bankers have already raised interest rates to a range of 5.25%-5.5%, the highest level in 22 years.

Oil prices rose in early trade on Wednesday, hovering near 10-month highs hit the previous day, as a bigger-than-expected draw in U.S. oil stockpiles and weak U.S. shale output reinforced fears of tight crude supply for the rest of 2023. Global benchmark Brent crude futures climbed 6 cents, or 0.1%, to $94.40 a barrel by 0034 GMT, staying near the highest since November of $95.96 hit on Tuesday. U.S.

Russia launched a massive drone attack on the western city of Lviv early Tuesday, burning down a warehouse said to house humanitarian supplies and killing one man, Ukrainian authorities said. It was one of at least three deadly attacks in different cities.Ukraine intercepted most of the 30 Shahed drones overnight, the country's air force said.

record highs on Monday amid cautiousness in global markets. Investors will keep a close eye on US Fed Reserve policy, due later in the evening. «Market is showing strength and is sustaining above 20k levels. Overall, we expect the market to gradually inch upwards with minor profit booking at intervals,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded lower by 11 points, or 0.05 per cent, at 20,089, signaling that Dalal Street was headed for muted start on Wednesday.

Bengaluru are set to go up from next month, as the state government is mulling an increase in ‘guidance value’. Karnataka Revenue Minister Krishna Byre Gowda on September 19 said that the new revised "guidance value" of properties will come into force from October 1. The guidance value is the minimum selling price of a property fixed by the government, depending on the locality and type of structure.

Indian stock market indices, Sensex and Nifty are expected to open lower on Wednesday tracking weakness in global peers. Asian markets traded lower, while the US stock market indices ended in the red overnight. Indian markets were shut for a holiday on Tuesday.

When Jane Fraser last week announced her plan to reorganize Citi and possibly eliminate some talented people in the process, the implication was that it might be a while before it came to fruition. The realignment wasexpected to take 30 days with the actual cuts to be announced next year (said the Financial Times). And yet, Citi has cut people today.

Santander isn't only hiringsenior investment bankers from Credit Suisse. It's also hiring senior rates sales professionals from Goldman Sachs.

Federal Reserve kicks off a two-day policy meeting on Tuesday with officials widely expected to keep interest rates on hold for now, but also flagging in new economic projections whether they feel rates still need to rise further before the end of the year. A new policy statement and interest rate decision will be released at 2 p.m. EDT (1800 GMT) on Wednesday, with Fed Chair Jerome Powell scheduled to hold a press conference at 2:30 p.m.

By Jaiveer Shekhawat and Laura Matthews

As often has been the case, this week's Federal Reserve meeting will be less about what policymakers are doing now than what they expect to be doing in the future.

Organizations representing minority journalists say they're worried that a recently-announced $500 million initiative designed to boost local news would leave them behind

BMF, based on the real-life Black Mafia Family, is gearing up for its third season. Created by Randy Huggins and produced by 50 Cent, the show chronicles the rise and fall of Big Meech and Southwest T, the founders of the criminal organization, in 1980s and 1990s Detroit. BMF, which premiered in September 2021, features a talented ensemble cast including Mo’Nique, Russell Hornsby, La La Anthony, Snoop Dogg and Wood Harris. Known for its gripping storytelling, the series has captured audiences with its portrayal of the Black Mafia Family.

TikTok said on Tuesday it will begin launching a new tool that will help creators label their AI-generated content

Hyundai is rushing to start electric vehicle and battery production at a $7.6 billion complex in coastal Georgia, spurred by federal electric vehicle incentives that reward domestic production

The debt-financed, $1.2 billion acquisition of Avantax Inc. and its 3,100 financial advisors that Cetera announced last week is not only an indication of firms’ interest in nabbing more and more wealth management assets, but also shows how using debt to fuel such deals could further reshape the financial advice industry landscape, according to one senior industry executive.

MUMBAI : Deteriorating diplomatic ties between Canada and India have sparked concerns about the visa prospects for hundreds of thousands of immigrants, students and workers heading to the North American country every year. Companies with tie-ups with universities and offices in Canada are worried that scrutiny of applications from states such as Punjab and Haryana will increase and immigrant visas will be harder to come by. “This will show up in the visa approvals in the long term.

Asian Games football competition here on Tuesday.Giao Tianyi (17th min), Dai Weijun (51st min), Tao Qianglong (72nd and 75th minute) and Hao Fang (90+2) scored for the hosts, while Rahul KP's (45+1 minute) equaliser from an acute angle was possibly the best strike of the match. It was heartening to see a third-string team holding the title contenders on an even keel during the first 45 minutes, which saw Indian custodian Gurmeet Singh Chahal valiantly save a spot-kick taken by rival captain Zhu Chenjie. India now need to beat Bangladesh and Myanmar in their remaining two games to qualify for the second round. Myanmar beat Bangladesh 4-2 in another game in this group. Having reached the Games Village late on Monday evening, the third-string Indian team, with not even four specialist defenders in their ranks, didn't have enough co-ordination amongst themselves. They looked jet-lagged, not rested enough and there was no way that there could have been a miracle.

A former Marine at the center of a Jan. 6, 2021, conspiracy theory has been charged with a misdemeanor in connection with the U.S. Capitol riot and is expected to plead guilty

Hopes were always high for Christopher Nolan’s “Oppenheimer.”

On Tuesday, Google announced the latest addition to its generative artificial intelligence (AI) chatbot, Bard—adding the ability for users to link their entire suite of Google apps to the chatbot. By doing so, users will get the ability to pull information from their stored documents and spreadsheets, as well as tap public Google services such as Maps and YouTube, within Bard’s responses.