The Latest Breaking News from Jerome Powell

With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring

Last week was pretty quiet with S&P 500 ($SPX) (SPY) trading in a range between 4,546 and 4,609.

The Federal Reserve's decision on where to set its key interest rate will offer a strong signal to investors and consumers on whether the central bank thinks its two-year war on inflation is won.

The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation.

Can the U.S. economy achieve a much-hyped “soft landing”

U.S. stocks rallied sharply in November, which lowers the odds of a "Santa Claus" rally in December. Markets might still see some upward movement during the month, though, as valuations don't seem too high - if not outright cheap.

The capital regulation plan known as Basel III Endgame will increase capital requirements by 20% or more for the eight largest U.S. banks.

"The primary risk that could knock us off course is a Federal Reserve that remains fixated on inflation fears."

Pope Francis continues to be the only Latino to ever receive the magazine's award in 2013

Many investors are betting on big Fed rate cuts next year. But one analyst just released a forecast that doesn't depend on the Fed at all.

December S&P 500 futures (ESZ23) are down -0.34%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.46% this morning as U.S. Treasury yields climbed at the start of a busy week of economic data, with all eyes on Friday’s nonfarm payrolls report that could influence the outlook for U.S.…