🇰🇷 South Korea has passed the UK to become the world’s eighth-biggest stock market, per Bloomberg.

BREAKING: 🚨🚨 Brent crude oil hits $115, the highest since 2022.

🇬🇧 UK 10-year government bond yields surge to above 5%, the highest since 2008.

🇺🇸 TODAY: FOMC decision coming up at 2:30 p.m. ET.

🇺🇸 Today, Jerome Powell will deliver his last FOMC press conference as Federal Reserve Chair.

🇺🇸 Trump discussed steps with oil companies to maintain Iran blockade for months if needed, White House official says.

JUST IN: 🇺🇸🇮🇷 President Trump tells Axios that oil storage facilities and pipelines in Iran are nearing explosion risk.

JUST IN: 🇺🇸 Jerome Powell to deliver his last FOMC meeting today.

BREAKING: 🚨 Half of planned US data center builds have been delayed or canceled.

🇺🇸 US oil exports hit a record 6 million barrels per day last week.

🇺🇸Powell exit could give Trump a majority on the Federal Reserve Board.

JUST IN:🇺🇸 FED LEAVES RATE UNCHANGED.

📊 SUMMARY OF FED DECISION (4/29/2026):

1. Fed leaves rates unchanged for the 3rd straight meeting

2. 4 Fed members dissented on the Fed's interest rate pause for the first time since 1992

3. 3 Fed members did not support the inclusion of an "easing bias" in the statement

4. Fed says Middle East developments are contributing to a "high level of uncertainty"

5. Fed specifically notes concern over increase in energy prices

6. Fed replaces "somewhat elevated" with "is elevated" in reference to inflation

The Fed appears to be bracing for more inflation.

JUST IN: 🇺🇸 Jerome Powell to remain on Federal Reserve Board as Governor after Fed Chair term ends.

🇺🇸🇮🇷 Trump says Iran's economy is crashing and its money is worthless due to inflation.

🇺🇸 Mamdani declares a “budget crisis” after four months in office as NYC Mayor.

🇺🇸🇮🇷 Pentagon official says Iran war has cost 25 billion dollars so far.

🚨🚨 Brent crude oil price up 8%, hits $120.

NEW: 🇮🇳🇦🇺 India-born residents have officially become Australia’s largest migrant group, overtaking the English for the first time.