The Latest Breaking News from the Federal Reserve

Asian shares have advanced after U.S. stocks rallied again on hopes the Federal Reserve will cut interest rates

Carnival Corp (NYSE:CCL) shares are trading higher Tuesday morning, lifted by a resurgence in bets that the Federal Reserve will slash interest rates in December. Additionally, shares of travel companies are also trading higher ahead of the Thanksgiving holiday. Estimates indicate that the travel period may be the busiest in…

In the midst of the current economic turbulence, Bill Gross, a seasoned bond manager on Wall Street, has made a bold prediction about the Federal Reserve’s upcoming actions.

The U.S. labor market posted an unexpectedly strong rebound in September, reviving growth optimism and casting fresh uncertainty over whether the Federal Reserve will deliver another rate cut in December.

This isn’t a blip. It’s a structural crisis. And it's not a recovery, it's a redistribution of opportunity.

Market volatility made a sharp comeback Thursday, with the CBOE Volatility Index – commonly called the VIX or Wall Street's fear gauge – closing 11.4% higher to 26.3 levels, as concerns around overheated tech valuations and uncertain monetary policy rattled investor sentiment.

Asian stocks have tracked Wall Street’s plunge in skittish trading, with the region’s major benchmarks erasing the previous day’s gains

Leading cryptocurrencies fell further alongside stocks on Thursday, as stronger jobs data cast doubt on whether the Federal Reserve will deliver another rate cut in December.

A plummeting cryptocurrency market has hit blockchain-adjacent enterprises hard, with Coinbase Global Inc (NASDAQ:COIN) being one of the more prominent victims. Because the company's success is directly tied to the health of cryptos, it wasn't surprising that COIN stock plunged. However, the bigger issue is the Federal Reserve, which is…