The Latest Breaking News from US Federal Reserve

When officials of the Federal Reserve Bank of Kansas City sought a location for an annual economic symposium in 1981, they chose Jackson Hole, Wyoming, for a simple reason: It had fly-fishing

The stock market has remained under tremendous pressure since the beginning of 2022 due to ongoing macroeconomic issues. The Fed’s monetary policy tightening and a slowing economy are raising recession fears among investors. Amid such a volatile environment, investors should consider adding safe stocks KT Corporation (KT) and Bridgestone (BRDCY)…

Gainers Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) jumped 91% to $0.2530 after Ladenburg Thalmann initiated coverage on the stock with a Buy rating and announced a price target of $6.50.

The stock market is expected to remain under pressure on concerns over the Fed’s future interest rate hikes to tame the elevated inflation. Therefore, investors should avoid fundamentally weak stocks Riot Blockchain (RIOT) and fuboTV Inc. (FUBO) as they are expected to tumble further. Read on….

Despite widespread uncertainties, REITs have achieved a strong performance in the last quarter, with FFO hitting a record high. Moreover, the Fed’s rate hike is boding well for mortgage REITs. Thus, quality mortgage REITs BrightSpire Capital (BRSP) and TPG RE Finance Trust (TRTX) could be solid additions to your portfolio.…

Since inflation is still hovering around 40-year highs, the Fed will likely maintain its hawkish stance, which could keep the market under pressure. Therefore, it could be wise to invest in resilient ETFs iShares iBoxx $ High Yield (HYG), iShares MSCI Brazil (EWZ), and Financial Select Sector (XLF), which are…

Meanwhile, the ASX200 eased ahead as traders digested a busy week of earnings reports as corporate Australia negotiates higher costs and interest rates.

Asian markets rose Thursday after China unveiled fresh measures to boost its economy, while investors awaited a speech by the Fed chair that may hold clues about future rate hikes. Central bankers are meeting in Jackson Hole in the US state of Wyoming, and all eyes are on Federal Reserve…

Asian shares are trading higher as global markets wait for a highly anticipated speech from the U.S. Federal Reserve chair about interest rates at the end of the week

The two largest coins traded higher on Wednesday evening as the global cryptocurrency market cap fell 0.4% to $1 trillion.

The Australian share market has risen for its second straight day, as some of the nation's biggest companies reported better-than-expected profit results.