Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from US Federal Reserve

Dollar Falls as the US Government Reopens

The dollar index (DXY00 ) fell to a 2-week low on Thursday and finished down by -0.33%. The dollar retreated on Thursday amid speculation that the reopening of the US government would allow the release of delayed economic reports that could show a weakening US economy, prompting the Fed to...

Barchart

Will More Fed Rate Cuts Affect Your Holiday Shopping? Experts Weigh In

Fed rate cuts make borrowing cheaper, but will they spark holiday shopping? Here’s what experts say about the rate cuts, spending and debt this season.

GOBankingRates

White House official says October jobs and inflation data are likely to never be released

It’s the first time monthly data on the economic indicators is missed since the Bureau of Labor Statistics officially started the reports.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Wall Street Falls On US Government Reopening Day, Bitcoin Slides To $100,000: What's Moving Markets Thursday?

Risk sentiment deteriorated sharply on Thursday despite federal agencies reopening after the longest government shutdown in U.S. history, as investors aggressively repriced Fed rate-cut expectations following a wave of hawkish remarks from central bank officials.

Benzinga

The unprecedented government shutdown will weigh on a US economy already under stress

The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to measure

The Independent UK

White House admits key economic data may never be released and blames the shutdown

Press Secretary Karoline Leavitt warns October CPI and jobs reports might not be published

The Independent UK

No more pennies for your thoughts? US finally stops minting 1 cent coin

The US Mint in Philadelphia pressed its last penny on Wednesday, marking the latest step in the 1-cent coin's demise.

Euronews

Read news from The Economist, FT, and more,
with one subscription

Data blackout contributes to murky Fed policy outlook

Boston Fed's president implied this week that she would oppose cutting rates at the next FOMC meeting.

Axios

Stocks Weighed Down by Weakness in Chipmakers and Megacap Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -1.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.55%. December E-mini S&P futures (ESZ25 ) are down -1.05%, and December E-mini Nasdaq futures...

Barchart

Dollar Retreats as the US Government Reopens

The dollar index (DXY00 ) fell to a 2-week low today and is down by -0.29%. The dollar is falling today on speculation that the reopening of the US government will allow the release of delayed economic reports that may show a weakening US economy, prompting the Fed to keep...

Barchart

Can You Guess The Average Checking Account Balance? Here's A Hint — It's Way Higher Than You'd Think

Nearly everyone in America has a checking account — over 92% of households, to be exact, according to the Federal Reserve's 2022 Survey of Consumer Finances. But the small share who don't? About 8% of adults said they simply don't want to deal with banks. Others said they don't write…

Benzinga

The End of 'Housing First'

Plus: Shutdown over, Mexican murder rate, UES spews Mamdani hate, and more...

Reason

Record U.S. government shutdown is over—but Wall Street only has 10 weeks to relax before the next one could begin

U.S. government shutdown ends after 43 days, but markets brace for another funding fight as investors weigh lost data and Fed uncertainty.

Fortune

Stocks Muted Before the Open as Investors Weigh Fed Rate Outlook After U.S. Reopens

December S&P 500 E-Mini futures (ESZ25) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.08% this morning as investors weigh the outlook for the Federal Reserve’s interest rate path following the end of the longest government shutdown in U.S. history.

Barchart

Get all your
news in one place.

100’s of premium titles.
One news app.

Kiplinger

What's Next for the Fed — as an Institution?

The U.S. central bank was already contending with economic challenges. Now comes a political one.

Benzinga

Millennials' Total Net Worth Has Nearly Quadrupled Since Covid — What's Driving That Growth?

Millennials might have entered the pandemic worried about their finances, but five years later, their wallets are thriving more than ever. According to Federal Reserve data, millennials' total net worth has nearly quadrupled since 2019, growing from $3.94 trillion in Q3 2019 to $15.95 trillion in Q3 2024. They've not…

Benzinga

Fed 'Flying Blind' As Shutdown Erases October Jobs, Inflation Reports

The longest government shutdown in U.S. history is set to end within hours—but it's already left a lasting scar on the economy's data map since two of the most vital inputs for the Federal Reserve won't be released.

Barchart

Dollar Slightly Higher as US Government Shutdown End Nears

The dollar index (DXY00 ) on Wednesday rose by +0.06%. The dollar posted modest gains on Wednesday after hawkish comments from Atlanta Fed President Bostic, who said he favored keeping interest rates steady. Weakness in the yen is also supportive of the dollar, as the yen fell to a 9.25-month...

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - US

Atlanta Fed chair steps down as Trump attacks central bank’s independence

Raphael W Bostic will retire in February – creating another vacancy on Federal Reserve’s powerful policy committee

Barchart

Dollar Supported by Yen Weakness

The dollar index (DXY00 ) today is up by +0.12%. The dollar is climbing today on weakness in the yen, which fell to a 9.25-month low against the dollar today on concerns the Japanese government will pursue a more expansionary fiscal policy. Gains in the dollar are limited, as today's...

Benzinga

Fed Governor Michael Barr Says 'AI Is A Big Deal' That Could 'Transform Economies' And Affect Monetary Policy

Federal Reserve Governor Michael Barr discussed two potential scenarios of the AI revolution and its impact on the economy.

Benzinga

Elizabeth Warren Blasts Trump For Trying To 'Kill' CFPB As Court Undermines Funding: 'Absurd And Plainly Illegal'

Sen. Elizabeth Warren (D-Mass.) slammed the Trump administration after a court ruling declared the funding mechanism of the Consumer Financial Protection Bureau (CFPB) illegal.

Fortune

Hopes for a December rate cut are fading fast despite labor fears—Jerome Powell will have his work cut out attempting to unite the Fed

Weaker labor market data should be building the case for Powell to post a cut—and yet expectations are leaning toward the hawkish.

Kiplinger

No-Penalty CD or High-Yield Savings? What Works Best Now

Discover which option can help you reach your savings goals quickly.

Barchart

S&P Futures Climb as U.S. Government Shutdown Nears End, Fed Speak on Tap

December S&P 500 E-Mini futures (ESZ25) are trending up +0.35% this morning as optimism that the U.S. government shutdown is nearing an end boosted sentiment.

1 … 44 45 46 47

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Dow Jones Industrials

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.