The Latest Breaking News from US Federal Reserve

The number of people seeking unemployment benefits rose modestly last week, the latest sign that the labor market remains strong despite the Federal Reserve’s efforts to cool the economy and hiring

The multi-decade high inflation, rising interest rates, and geopolitical tensions have led to significant stock market volatility this year. Amid the prevalent recession fears, investing in high-yield dividend stocks BHP Group (BHP) and ARC Document Solutions (ARC) could add a protective layer to one’s portfolio. Read on….

Federal Reserve Chair Jerome Powell kicked off the holiday season with another interest-rate increase. He also lit the fuse for a sell-off in the stock market by telling the world, “We have more work to do,” signaling additional rate hikes in 2023. A year-end “Santa Claus Rally” could still materialize,…

Stagflation is a real problem for policymakers because the Central Bank can increase interest rates to reduce inflation or cut interest rates to reduce unemployment.

The Fed’s “difficult [housing] correction” has seen the U.S. housing market flip from inflation mode to deflation mode.

Following a painful year, the stock market is expected to stabilize in the near term, given the cooling inflationary pressures. Moreover, economists expect a soft landing is possible for the economy. However, as uncertainties remain, new investors could consider investing in fundamentally strong stocks, Verizon Communications (VZ) and Campbell Soup…

Despite the turbulence in the stock market this year, experts expect some relief for investors in 2023. Hence, fundamentally sound growth stocks CVS Health (CVS), Archer-Daniels-Midland (ADM), and Spok Holdings (SPOK), which also pay stable dividends, might help you retire early. Keep reading.

As inflation seems to be cooling, markets breathed a sigh of relief. However, market volatility is expected to persist. So, investing in dividend stocks could help generate consistent income during tough times. Investors looking for stable passive income might consider adding fundamentally sound dividend-paying stocks, Pfizer (PFE), ICL Group (ICL),…

Some price action for the S&P 500 (SPY) is quite meaningful and tells you a great deal about the future direction of stocks. And some price action is just useless noise. Such is the case for trading during the holidays when so many people are on vacation and trading volume…

The U.S. housing market continued to sag in October as the impact of higher mortgage rates and concerns over the economy rattled buyers and sellers.

States across the U.S. built big budget surpluses as inflation helped drive up their revenues from income and sales taxes