The Latest Breaking News from US Federal Reserve

Consecutive federal rate hikes have hampered the tech sector’s performance this year. However, following October’s favorable inflation data, the Fed is expected to slow down its rate hike aggression. This might bode well for the tech stocks. While quality tech stock Box (BOX) might be an ideal buy now, it…

Where 20 leading forecasters foresee home prices going in 2023.

Big banks weigh in on inflation, a pending recession, and consumer spending.

Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession. The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks…

Federal Reserve officials have signaled plans to raise their benchmark interest rate by 0.5 percentage point at their meeting next week, but elevated wage pressures could lead them to continue lifting it to higher levels than investors currently expect.

Apparel company Gap (GPS) has recently witnessed a rally. However, with persistent macroeconomic uncertainties surrounding interest rate hikes, let’s examine whether the stock has what it takes to deliver sustainable returns….

The U.S. economy expanded in the third quarter of fiscal 2022 despite the Fed's aggressive rate hikes. Moreover, November's robust job data indicates the economy's resiliency. As uncertainties remain, investors should consider buying quality penny stocks ARC Document Solutions (ARC) and Good Times Restaurants (GTIM) instead of the pricey names…

Leading retailer Macy’s, Inc. (M) surpassed its EPS and revenue estimates in the last reported quarter. However, the company witnessed declining sales and earnings. Also, considering the sky-high inflation and the Fed’s aggressive monetary policy, will M be a smart buy this holiday season? Continue reading to find out.

Cruise company Carnival Corporation (CCL) recorded a 50% jump in sales during Cyber Monday, indicating a busy 2023 travel season. Despite strong bookings, CCL is expected to struggle due to a possible recession. So, should you buy, sell, or hold on to the stock now? Read on to learn our…

The Solicitor General's brief defending how the CFPB is funded contradicts what the agency and others have said in the past.

Stocks are mostly lower in Asia after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation