The Latest Breaking News from US Federal Reserve

White House National Economic Council Director Kevin Hassett has emerged as the leading candidate to become the next Federal Reserve Chair, according to a report published Tuesday.

Live cattle futures closed with 20 cent losses in the nearbys and other nearby contracts higher. There have been some light cash trade picked up in the north this week at $208-210, with dressed trade at $330. Tuesday’s Fed cattle online exchange saw no sales on the 2,052 head offered,...

This is going to be an eventful episode.

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up by +0.91%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +1.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.58%. December E-mini S&P futures (ESZ25 ) rose +0.90%, and December...

Rocket Companies Inc (NYSE:RKT) shares traded higher on Tuesday, propelled by a shift in Federal Reserve expectations. Here’s what investors need to know.

The dollar index (DXY00 ) on Tuesday fell by -0.44%. The dollar is sliding after today’s weaker-than-expected US economic news on Sep retail sales, Sep core PPI, and weekly ADP employment bolstered the chances for a Fed rate cut at next month’s FOMC meeting. Also, falling bond yields have weakened...

“The now common view,” according to the NYU Stern School of Business professor emeritus, “is incorrect over the medium term.”

Royal Caribbean Cruises Ltd (NYSE:RCL) shares are trading higher Tuesday afternoon as record-breaking travel demand collides with renewed optimism for a Federal Reserve pivot. Here’s what investors need to know.

Carnival Corp (NYSE:CCL) shares are trading higher Tuesday morning, lifted by a resurgence in bets that the Federal Reserve will slash interest rates in December. Additionally, shares of travel companies are also trading higher ahead of the Thanksgiving holiday. Estimates indicate that the travel period may be the busiest in…

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.60%. December E-mini S&P futures (ESZ25 ) are up +0.04%, and December...

The dollar index (DXY00 ) today is down by -0.35%. The dollar is sliding after today’s weaker-than-expected US economic news on Sep retail sales and Sep core PPI bolstered the chances for a Fed rate cut at next month’s FOMC meeting. Also, falling bond yields have weakened the dollar’s interest...