The New York Federal Reserve said on Tuesday it will hold an overnight repurchase agreement operation from 9:30 a.m. to 9:45 a.m. ET (1330 to 1345 GMT) "in order to help maintain the federal funds rate within the target range" of 2.00-2.25%.
What U.S. banks charge each other to borrow reserves overnight jumped on Monday, prompted by a jump in money market rates amid scarcity in cash available for lending, according to data from the New York Federal Reserve released on Tuesday.
A down market can be a time to invest heavily, since you're buying on sale.
Chipotle Mexican Grill Inc said on Tuesday it would add a new item to its menu nationwide for the first time in three years, as the Mexican food chain looks to drive sales in a crowded U.S restaurant market.
As employers largely hold the line on pay raises, successfully negotiating for more pay could be part of the solution to closing the gender pay gap.
Here are the biggest calls on Wall Street on Tuesday
Wall Street was set to open slightly lower on Tuesday as investors stayed away from making big bets ahead of the Federal Reserve's two-day policy meeting, where it is widely expected to cut interest rates.
Deep disagreements within the Federal Reserve over the economic outlook and how the U.S. central bank should respond will not stop policymakers from cutting interest rates at a two-day meeting that begins on Tuesday.
Japanese Prime Minister Shinzo Abe said on Tuesday he would meet with Iranian President Hassan Rouhani at the end of the month, as regional tensions rise in the Middle East after the weekend attacks on Saudi oil facilities, public broadcaster NHK said.
Attacks on oil plants in Saudi Arabia are a dangerous escalation and the international community should stand by Riyadh and ensure regional stability, a senior United Arab Emirates official said on Tuesday.
U.S. President Donald Trump has said Washington and Tokyo have reached an initial trade deal that he and Japanese Prime Minister Shinzo Abe are expected to sign in New York later this month.
South Korea's LG Display Co Ltd on Tuesday announced a voluntary redundancy program for its domestic production line employees amid mounting financial losses.
U.S. President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariffs would not be slapped on vital auto exports.
Oil fell more than 1% on Tuesday as the market hung on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilities that cut the kingdom's output in half and sent prices soaring by the most in decades.
The attack on Saudi Arabia is a dangerous escalation and the international community should stand by the Gulf country and ensure regional stability, UAE Minister of State for Foreign Affairs Anwar Gargash said in a tweet on Tuesday.