The Latest Breaking News from US Federal Reserve

The U.S. Federal Reserve should acquire Bitcoin (CRYPTO: BTC) and hold it on its balance sheet, according to Sen. Cynthia Lummis (R-WY).

The Federal Reserve has formally adopted sweeping new rules that will limit the ability of its top officials to invest in financial markets, a change intended to prevent conflicts of interest involving investments affected by Fed policies

It makes sense to focus on the Federal Reserve’s favorite inflation gauge in the week ahead. After all, the central bank’s interest rate-setting group meets in three weeks. It is all but certain the committee will raise its short-term borrowing rate for the first time since the COVID-19 pandemic began.

Asian markets fell Friday following a steep drop on Wall Street fueled by renewed fears that Russia will soon invade Ukraine, adding to long-running angst about the Federal Reserve's plans to hike interest rates. While tensions in Eastern Europe continue to absorb most of the attention, oil extended losses as…

A hawkish Fed bodes well for the financial sector, including the insurance industry. But despite favorable impending interest rate hikes, fundamentally bleak insurance stocks Trupanion, Inc. (TRUP) and Lemonade, Inc. (LMND) look overvalued at their current price levels. So, we think it could be wise to avoid these stocks. Read…

We were told it would be "transitory." But inflation continued to rise.

Mortgage rates have spiked as a result of rising inflation and stronger than expected consumer spending, according to new data released by Freddie Mac (OTCQB: FMCC). While mortgage rates were on the rise, housing starts were in decline, based on the latest federal data.

As Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) traded lower on Wednesday evening after minutes of the Federal Reserve’s Janu

US stocks closed mixed on Wednesday following the release of minutes from the recent Federal Reserve meeting. Investors, meanwhile, focused on some notable insider trades.