The Latest Breaking News from US Federal Reserve

The Republican Party’s majority in the House of Representatives will take office in January, and some members and committees have already started laying out their ESG agendas for the new Congress. Among those are members of the Judiciary Committee, who have indicated that they would like to understand better how…

Corporate earnings are set to take a hit and Wall Street isn't properly anticipating it, Morgan Stanley's Mike Wilson warns. And when earnings fall, so will stocks.

Market participants get to enjoy a mid-week Christmas break with family and friends this year.

Economists say there is a 7-in-10 likelihood that the U.S. economy will sink into a recession next year, slashing demand forecasts and trimming inflation projections in the wake of massive interest-rate hikes by the Federal Reserve.

The Fed is expected to keep hiking rates well into 2023; consequently, the broader market might remain under pressure. However, value stocks have been gaining traction and are expected to perform well in the following year. So, fundamentally sound momentum stocks Berry Corporation (BRY) and Gran Tierra Energy (GTE), which…

A lot has happened since my stock market (SPY) commentary last week! We nailed the interest rate hike — 50 bps, as everyone expected — and I was right that the dot plot and post-meeting commentary would spoil the party. This has certainly been a market where any bad news…

Inflation continues to remain significantly higher than the Fed’s target. Commodity stocks tend to provide a hedge against inflation. Thus, quality commodity stocks Rio Tinto (RIO), Vale (VALE), and Mosaic Company (MOS) could be worth adding to your watchlist for 2023. Keep reading….

Although aggressive rate increases put pressure on other industries, the financial sector, which includes insurers, usually benefits from it. With the Fed expected to keep the rates higher through next year, it could be prudent to buy fundamentally strong insurance stocks The Hartford Financial Services (HIG), CNA Financial (CNA), and…

Federal Reserve Chair Jerome Powell has a new North Star to guide his fight against inflation, and it will put American paychecks at the heart of monetary policy next year.

As investors eye a year-end rally amid cooling inflation and the Fed’s slower rate hike this month, it could be worth investing in fundamentally sound penny stocks Waterdrop (WDH), Overseas Shipholding Group (OSG), and Good Times Restaurants (GTIM), which are trading under $4. Read on….

With the current U.S. inflation rate at 7.1%, interest rates rising and housing costs up, many Americans are wondering if a recession is looming.