Fed decision in focus, Intel boosted by $8.5B in White House grants: Yahoo Finance Live

Wall Street is keyed in on Washington this morning, where the Federal Reserve is set to announce its next interest rate decision at 2 p.m. ET. Investors and Main Street will be closely watching Chair Jerome Powell's press conference following the decision. Yahoo Finance will bring you both events live. Intel (INTC) shares are moving this morning after the White House awarded the tech giant $8.5 billion in grants to boost its domestic manufacturing. The move is part of the CHIPS Act, which President Biden signed into law in 2022. Yahoo Finance trending tickers include bitcoin (BTC-USD), Chipotle (CMG), Digital World Acquisition Corp. (DWAC), and Nordstrom (JWN).

Key guests include:
9 a.m. ET - Omar Aguilar, Schwab Asset Management’s CEO and CIO
10 a.m. ET - Nick Setyan, Wedbush Securities Managing Director

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