The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.

“Day 1,299 of My Captivity. Darkness suits me. I await the click of the overhead lights, leaving only the glow from the main tank. Not perfect, but close enough. Almost-darkness, like the middle-bottom of the sea. I lived there before I was captured and imprisoned. I cannot remember, yet I can still taste the untamed currents of the cold open water. Darkness runs through my blood. Who am I, you ask? My name is Marcellus, but most humans do not call me that. ...I am a giant Pacific octopus.”