The Latest Breaking News from US Federal Reserve

Investors appear to have gotten over the turmoil that beset trading floors this month as a string of data suggested that worries of a US recession had been overdone.

As part of their economic platforms, Vice President Kamala Harris and former President Donald Trump have both pledged to reduce costs for Americans.

Asian markets mostly rose Monday following last week's strong performance, with traders focused on a closely followed meeting of central bank chiefs where the Federal Reserve's Jerome Powell is due to deliver a key speech.

The S&P 500 ($SPX) (SPY) had a phenomenal week last week ending up 4.00%. This week is a lot quieter on both the news and earnings front until the end of the week.

“These whips are the market process. This is the market zigging in order to zag.” Universa Investments' Mark Spitznagel told Fortune.

Presidential candidates, bankers and economists will all be keen to hear what the Fed chair foresees for interest rates

Gold has outperformed the broader U.S. stock market this year, and Wall Street is turning more bullish on the precious metal.

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.09%. US stocks Friday recovered from early losses and posted modest gains, with the S&P...

The dollar index (DXY00 ) Friday fell by -0.50% on dovish comments from Chicago Fed President Goolsbee, who said the US labor market and some leading indicators on the economy are flashing warning signs. The dollar also retreated on Friday’s weaker-than-expected US July housing starts report. The dollar extended its...