Finance

Officials might wait to get a sense of the fallout before making a decision on rate increases.

Markets registered moves that are supposed to be incredibly rare.

"This has caught a lot of people off guard. We're all very surprised," said Karl Goody, a private wealth manager at Shaw and Partners.

By noting the market performance under past U.S. presidents, the importance of this key economic measure is brought to the fore.

History shows the winning party and their policies will have minimal impact on returns.

CEO Ron Kruszewski says market conditions and the fiduciary rule are dampening growth at the firm and throughout the industry.

Amid reports of a possible sale, assets rise and expenses fall.

Accelerating inflation will be a focus of next month’s meeting.

CEO Sergio Ermotti pledged that cost-cutting efforts are to continue.