The Latest Breaking News from US Federal Reserve

Asian are mostly higher after U.S. stocks ran up to the edge of another record

China is accelerating its move away from U.S. dollar-denominated assets, with the share of U.S. Treasuries and the Dollar in the country’s reserves reaching its lowest levels in over a decade.

With the Federal Reserve holding off on rate cuts, high-yield ETFs are gaining popularity for their ability to generate monthly or even weekly income.

Markets have continued to grind upward despite the short-lived Israel-Iran war, the Fed’s pause on interest rate cuts and what feels like seemingly bearish headlines every day.

Crowdfunding syndicator and social media celebrity Grant Cardone is known for his robust self-promotion when engaging people to invest in his real estate projects. One lawsuit, initially filed in 2020 but dismissed in 2023, claimed the real estate celeb misled investors. The lawsuit is back on the table after a…

Wall Street entered full rally mode on Thursday, with the Nasdaq 100 extending its record-setting climb and the SP 500 approaching its February peak, as easing geopolitical fears and renewed hopes for a dovish Federal Reserve lifted investor sentiment.

The move comes amid increased volatility in the Treasury market, driven by fiscal policy uncertainty, including repeated standoffs over the debt ceiling and speculation about future Federal Reserve interest rate cuts.

The FTSE 100 index rose 16.8 points, 0.2%, at 8,735.60.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.58%. September E-mini S&P futures (ESU25 ) are up +0.55%, and September E-mini Nasdaq futures...