The Latest Breaking News from the Federal Reserve

Leading cryptocurrencies lifted alongside stocks on Wednesday, as soft private jobs data strengthened investor hopes that the Federal Reserve would slash interest rates next week.

Carvana Co (NYSE:CVNA) shares are trading higher on Wednesday as stocks across sectors gain on growing conviction that the Federal Reserve will cut interest rates at next week's policy meeting. Here’s what investors need to know.

Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency

Mohamed El-Erian calls for a visionary, less reactive Fed just as Trump settles on his next chair, with Hassett leading and independence fears resurfacing.

(Editor’s note: The future prices of benchmark tracking ETFs and headline were updated in the story.)

Leading economist Mohamed El-Erian is calling for sweeping reforms at the Federal Reserve, warning that the central bank’s credibility is at risk following a prolonged period of policy missteps and internal dysfunction in recent years.

Here are the key factors influencing gold and silver prices in the weeks ahead… and my take on where the precious metals are headed next.

“If you’d asked me a year ago, I would have said I think Kevin would be a good pick. I wouldn’t say that today. Kevin has been incredibly dishonest.”

For job seekers slogging through months of interviews, callbacks, and follow-ups, there's one thing worse than being ghosted: getting the job — and then losing it to a hiring freeze.

Ever wondered how much saving $100 a month since 2020 adds up? ChatGPT breaks down the numbers and reveals the surprising total.

Deutsche Bank predicted the S&P 500 will finish next year at 8,000, representing a 17% jump from Friday's close.