What are today's top business/market headlines?

Here are the key business/market headlines for Wednesday, October 28, 2026:

•Fed decision day: The FOMC concludes its Oct. 27–28 meeting today; policymakers are widely expected to hold rates steady.[1]

•Big Tech earnings tonight: Microsoft and Alphabet report after today’s closing bell.[2]

•Stocks into today: Wall Street rallied Tuesday, led by AI and chip names, leaving major U.S. indexes nearer to recent highs; Treasury yields were little changed ahead of the Fed.[3]

•Consumer pulse: U.S. consumer confidence improved in October as gasoline prices eased somewhat, though sentiment remains cautious.[4]

•Oil check: Crude eased yesterday after a recent run-up; Brent slipped in Tuesday trading ahead of central‑bank decisions.[5]

•Global markets: U.S. futures and most Asian shares advanced overnight following Tuesday’s AI-led rally on Wall Street.[5]

•AI in focus: Investor attention remains on AI after Anthropic detailed heavy losses as it prepares for an IPO, a storyline that helped spark this week’s rebound in AI-linked stocks.[5]

Want a quick U.S. premarket snapshot (futures, yields, oil) as of this minute? I can pull that too.

Citations (5)

1federalreserve.govGovernment
Federal Reserve Board - Monetary Policy
Backs: “27–28 meeting today; policymakers are widely expected to hold rates steady.”
evidence, official document. Claim: The FOMC concludes its Oct. 27–28 meeting today and is widely expected to hold rates steady.
2yahoo.comNews and mediaquality 0.69
Company Earnings Calendar - Yahoo Finance
Backs: “Big Tech earnings tonight: Microsoft and Alphabet report after today’s closing bell.”
evidence, data page. Claim: Microsoft and Alphabet report earnings after today's closing bell.
3apnews.comNews and mediaquality 1.00
Broadcom and other AI stocks lift Wall Street closer to its record
Backs: “Wall Street rallied Tuesday, led by AI and chip names, leaving major U.S. indexes nearer to recent highs; Treasury yields were little changed ahead of the Fed.”
evidence, article. Claim: Wall Street rallied Tuesday led by AI and chip names, nearing recent highs; Treasury yields little changed ahead of the Fed.
4apnews.comNews and mediaquality 1.00
US consumer confidence recovers in October as gas prices eased a bit
Backs: “U.S. consumer confidence improved in October as gasoline prices eased somewhat, though sentiment remains cautious.”
evidence, article. Claim: U.S. consumer confidence improved in October as gasoline prices eased, though sentiment remains cautious.
5apnews.comNews and mediaquality 1.00
US futures and Asian stocks advance following a rally on Wall Street
Backs: “Brent slipped in Tuesday trading ahead of central‑bank decisions.”
evidence, article. Claim: Crude and Brent eased Tuesday; US futures and Asian shares advanced; Anthropic's losses ahead of IPO drew AI investor attention.