The Latest Breaking News from US Federal Reserve

As market jitters declined over protests in China set off by growing public anger over COVID-19 restrictions, Asian shares were mostly higher Tuesday.

Mohamed El-Erian says that inflation may get stuck at 4% as the global economy goes through a “profound” shift—and warns investors not to fall in love with the “short and shallow” recession theory.

We break down what you need to earn to afford a $400,000 home in the United States. Salary, down payment, insurance, PMI, and taxes are all factors.

With inflation starting to ease and the Fed expected to slow interest rate hikes, investor sentiment has been boosted. Despite the Nasdaq’s underperformance this year, fundamentally strong stocks PepsiCo (PEP) and O'Reilly Automotive (ORLY) have outperformed the index by a significant margin and are expected to rise further due to…

Despite the expected slowdown of interest rate hikes, investors are concerned about a recession next year. This could mean more pain for stocks that have already fallen significantly this year. Amid this backdrop, investors should avoid fundamentally weak stocks Advanced Micro Devices (AMD), DraftKings (DKNG), SoFi Technologies (SOFI), ContextLogic (WISH),…

After signs of cooling inflation, investors are hopeful that the Fed will slow its rate hikes over the coming months. With surging optimism, fundamentally strong stocks Merck (MRK), Coca-Cola (KO), and Verizon (VZ), which have seen increased insider buying, might be ideal investments now. Continue reading.

The strong indications of the Fed pausing interest rate hikes are providing some market optimism. On the other hand, amid growing digitization, the software industry’s growth prospects look steady. So, we believe quality software stock VMware (VMW) might be worth your watchlist now. However, given the market’s increased volatility, the…

The aggregate gross loans in the Gulf region reached a new record of $1.93 trillion, and the banking sector in the Gulf countries is witnessing the initial interest rate hike applied by the central banks in the Gulf Cooperation Council (GCC) countries consistent with the US Federal Reserve interest rate…

Due to the macroeconomic and geopolitical concerns, many fundamentally strong stocks are trading much below their 52-week highs. With inflation easing and the Fed hinting at a slowdown in the pace of rate increases, investors could look to capitalize on the positive sentiment by buying fundamentally strong stocks, Lockheed Martin…

Carnival Corporation (CCL) is in rough waters due to the high inflation, the Fed’s aggressive rate hikes, and a slowing economy. It missed consensus estimates for its 2022 third quarter. Amid significant debt load and rising expenses, the stock lost more than 50% in 2022. Several analysts have downgraded the…

Amid widespread macroeconomic headwinds, the global economic outlook seems uncertain. However, the Fed has finally started contemplating smaller rate hikes. Although uncertainties remain, we think fundamentally strong stocks Walmart (WMT), Centene Corporation (CNC), and Kroger (KR) are quality investments. Continue reading.