The Latest Breaking News from US Federal Reserve

The Fed’s aggressive stance to tame inflation and recessionary concerns have weighed heavily on investor sentiments. Amid such market volatilities, quality stocks such as Taiwan Semiconductor (TSM), Halliburton (HAL), and Overseas Shipholding Group (OSG), which have maintained solid momentum, could be wise portfolio additions now. Read on….

Shares have slipped in Asia after benchmarks on Wall Street took their biggest hit in four weeks as investors registered disappointment over an inflation reading that came in hotter than expected

Several Senate Banking Committee Democrats are pushing President Joe Biden to nominate a Latino for the Federal Reserve Board.

The higher-than-expected January CPI data and robust jobs market indicate that the Fed’s fight against inflation might take longer than expected, potentially triggering the much-feared recession. Amid the current macroeconomic backdrop, it could be wise to invest in quality ETFs Vanguard Developed Markets (VEA), iShares Russell 2000 (IWM), and VanEck…

Call it the Goldilocks consumer

Sticky inflation and looming recessionary fears might keep the cruise line industry under pressure this year. Hence, fundamentally weak cruise line stocks Royal Caribbean Cruises (RCL), Carnival (CCL), and Norwegian Cruise Line (NCLH) might be best sold short or completely avoided in 2023. Read more.

Fewer Americans filed for jobless benefits last week, more evidence that the Federal Reserve’s efforts to loosen the labor market by raising interest rates hasn’t taken hold

Wholesale prices in the United States surged 6% in January from a year earlier, decelerating for a seventh straight month

Asian shares have advanced, cheered on by a stronger reading than expected on U.S. retail sales that set off a Wall Street rally