The Latest Breaking News from Jerome Powell

The Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors

December S&P 500 futures (ESZ23) are up +0.14%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.11% this morning as investors digested weaker-than-expected business activity readings from China and the Bank of Japan’s monetary policy decision, with the focus shifting to the Federal Reserve’s monetary policy committee meeting and…

Even though the painful inflation of the past two years has soured many people’s view of the economy, millions have remained willing to splurge on vacations, concert tickets and sports events.

The government is expected to report stellar growth for the U.S. economy during the July-September quarter, highlighting the durability of consumer and business spending despite the Federal Reserve’s efforts to cool the expansion with high interest rates