The Latest Breaking News from US Federal Reserve

Shares have retreated in Asia after a mixed day on Wall Street

Outlook was, however, darkened by news that manufacturing activity contracted in November for first time in 2.5 years.

Billionaire investor Mark Mobius, a long-time crypto skeptic, has a prediction Bitcoin enthusiasts might not like.

Washington took the top spot, making it the best state for finding a job, according to WalletHub’s new report.

Is a ‘goldilocks’ inflation report enough to end the bear market? Experts weigh in.

Markets have witnessed massive selloffs and declining consumer confidence this year. However, with cooling inflation and expectations of an interest rate hike slowdown, markets could experience a bounce. Against this backdrop, quality growth stocks General Motors (GM), Rambus (RMBS), MaxLinear (MXL), and Celestica (CLS) could be ideal purchases. Read on….

The cryptocurrency market has been hard hit this year, with rising interest rates and recession fears making investors stay away from highly risky assets. While the Fed is expected to slow interest rate hikes, given the lingering recession concerns, it could be wise to avoid struggling crypto-exposed stocks Coinbase Global…

A key gauge of U.S. consumer prices posted the second-smallest increase this year while spending accelerated, offering hope that the Federal Reserve’s interest-rate hikes are cooling inflation without sparking a recession.

"So you really had a housing bubble, you had housing prices going up [at] very unsustainable levels and overheating," says Fed Chair Jerome Powell.