The Latest Breaking News from the Federal Reserve

If president is not worried about re-election prospects after one of biggest economic bubbles of past 100 years, he should be

All the rules say the U.S. should be in recession, but a billionaire investor says it's being contained to the rich.

Economists warn that two more US banks are on the verge of collapse after the Federal Reserve lifted its key interest rates by 0.25% this week, prompting stock prices of American lenders to drop sharply after the hike.

The numbers come as Joe Biden begins debt celing negotiations with House Republicans

The U.S. job market may be getting a second wind. Employers added 253,000 jobs in April, a modest uptick from the month before. The unemployment rate dipped to 3.4%.

Asian stock markets are mixed after Wall Street sank on worries about the health of U.S. banks that are under pressure from interest rate hikes

On Wednesday, the Federal Reserve raised rates yet again. Here’s what you need to know about the Fed’s impact on savings rates.

Anxiety about a rush of withdrawals by customers of regional banks continues to roil the financial sector as PacWest Bancorp attempted to calm investors investors overnight with its shares plunged 45%

Asian stock markets are mostly higher after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it isn’t sure what may come next

The Federal Reserve has raised interest rates by a quarter of a percentage point and signalled it may pause further increases.

The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, raising prospects of a recession amid heightened concerns about…