The Latest Breaking News from US Federal Reserve

President Donald Trump is reportedly contemplating appointing U.S. Treasury Secretary Scott Bessent as his chief economic adviser if incumbent Kevin Hassett is chosen as the next Chairman of 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.

U.S. private employers unexpectedly cut 32,000 jobs in November, reversing October's gains and signaling renewed labor-market weakness. ADP's data showed broad declines led by small businesses and major sectors like manufacturing and professional services, while pay growth continued to slow. The softer report boosted market expectations for another Fed rate…

While it's always important to use credit cards cautiously, 2026 could be the worst year to rely on credit cards -- find out why.

Despite early pressure, the agricultural and commodity markets remain fundamentally constrained, with corn supplies ample yet supported by strong demand, soybeans awaiting confirmed Chinese export business, and the broader commodity complex influenced by political dynamics, including expected Federal Reserve rate cuts and shifting energy and biofuel policies.

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up by +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.20%. December E-mini S&P futures (ESZ25 ) rose +0.33%, and December...

The best available data right now confirm both a slowing employment market and a December rate cut, a tension reflected at the equity index level.

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.

The biggest cryptocurrency gets a big lift from Vanguard’s surprise embrace of crypto ETFs

Bank of America Global Research expects the global economy to enter 2026 with more momentum than investors anticipate, calling for stronger U.S. and China growth, continued AI-driven investment, and a shift in market leadership.

The dollar index (DXY00 ) on Wednesday fell by -0.50% and posted a 5-week low. The dollar was undercut by Wednesday’s weak Nov ADP report, which was dovish for Fed policy and cemented expectations for a Fed rate cut at next week’s FOMC meeting. The dollar failed to find support...