The Latest Breaking News from Interest Rates

Goldman Sachs (NYSE: GS) is reducing its valuation projection for the S&P 500 as rising interest rates signal bad times for stock prices. Investors are reacting by shunning most asset classes and going into cash as a way to weather the storm.

Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in July. The company said on Friday the finance head would resign after a "transition period" to pursue other opportunities, and…

Record View says voters are anxiously wondering how they can pay the bills, with rampant inflation, rising interest rates and sky high energy costs draining their finances.

Some of the nation’s largest homebuilders are lowering prices, providing discounts and pulling out of land deals as higher mortgage rates on top of already sky-high home prices continue to take a toll on buyer affordability.

It's been a rough couple of weeks on the stock market, ending recently with a warning from FedEX about a downturn in the global economy that sent shares tumbling.

RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

From our point of view, the global economic landscape in the fourth quarter will be very important. We believe that the coming quarter will bring a shift in the global economic picture to a new equilibrium.

Despite rampant inflation and slowing growth, the US dollar keeps going from strength to strength. Since May last year, the greenback has risen by 28% against the yen and 20% against the pound. In addition, it has appreciated 19% against the euro, reaching parity for the first time since 2002.

Shares of Microsoft (MSFT) have shed more than 25% year-to-date, with the rising interest rates causing a massive tech sell-off. However, the current low price level allows long-term investors to take a position in the stock to benefit from its solid growth prospects. The company has guided double-digit growth for…

As the Fed raised benchmark interest rates by another 75 basis points to fight inflation, growth projections have dimmed down. With market conditions remaining uncertain, fundamentally strong stocks Johnson & Johnson (JNJ), Oracle Corporation (ORCL), and Kroger Co. (KR) might be solid buys to cushion your portfolio. Read more.

These are difficult times for investors. Inflation is like a runaway freight train and COVID-19’s aftereffects are still creating supply chain problems. In response to these trends, the Federal Reserve is hiking interest rates with a frequency that hasn’t been seen in decades.