The Latest Breaking News from US Federal Reserve

The strong employment figures released Friday keep the Federal Reserve firmly on track to raise interest rates by a half-percentage point at its meeting in two weeks and again in late July to cool high inflation.

After a century of gearing the entire global economy to burning fossil fuels, it was never going to be easy or cheap to switch to sunshine and wind.

The roller-coaster ride for the SET is expected to continue on the back of both domestic and overseas factors. Russia's war on Ukraine is becoming protracted, while the next Federal Reserve meeting in mid-June has investors on edge given hawkish comments favouring a 50-basis-point rate increase.

U.S. indices traded lower Friday following the release of key economic data. While nonfarm payrolls came in higher than expected, concerns over Fed rate hikes, inflation and economic health continue to weigh on stocks.

As the better than expected jobs report is unlikely to give the Federal Reserve reason to pause its aggressive monetary policy tightening, and thus the economy could witness a slowdown, we think it could be wise to scoop up shares of high-dividend companies ZIM Integrated (ZIM), Western Midstream (WES), Stellantis…

Tech stocks have been among the worst affected by the extended market correction, which has fostered primarily by the Federal Reserve’s aggressive interest rate hikes this year. However, the continuing digital transformation, increased adoption of advanced technologies, and corporate and government spending should allow fundamentally sound stocks to rebound soon.…

Reasons to worry about a recession are piling up: the Federal Reserve's inflation fight, a slowing housing market, warnings from retailers and venture capitalists and a smattering of layoff announcements. But one part of the labor market is sending a decidedly different signal. Goods-producing employment, which includes industries like manufacturing,…

U.S. employers hired at a robust pace in May while wage gains held firm, suggesting the economy continues to power forward as the Federal Reserve raises interest rates at a steep pace to tame red-hot inflation.

MUMBAI: Equity indices swooned in the last hour of trade on Friday to close with modest losses as risk-on sentiment remained subdued ahead of the RBI's policy decision next week.

Inflation has no cure-all. The Federal Reserve’s rate hikes – two already this year, and more expected – might help, but they do nothing to address one of the main underlying problems: not enough workers.

Investors' concerns over the Federal Reserve's interest rate increases to combat inflationary pressures, and looming recession fears, have heightened market volatility. However, a few companies look sufficiently well positioned to withstand the current market turbulence and they recently raised their full-year outlooks. Therefore, we think it could be wise to…