The Latest Breaking News from US Federal Reserve

Mark Zandi, Chief Economist at Moody's Analytics, has issued a sharp warning regarding the trajectory of the U.S. economy, declaring that it is currently mired in a “serious affordability crisis.”

Fears of a stock market crash grow despite a recent rebound. An AI bubble, a deep housing slump, and Bitcoin losses signal systemic risks for investors.

Federal Reserve officials remain sharply divided on interest rate cuts, casting doubt on the likelihood of a December rate cut. With inflation trying to creep back up and a weakening labor market, the Fed has some big decisions to make.

“Generally, when you're gripped by a bubble, people just don’t want to listen because they’re making so much money,” warns Albert Edwards.

Capital Economics sketched out a potential scenario where six Fed policymakers vote to keep rates steady while six vote to cut them again.

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up by +0.98%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +1.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.77%. December E-mini S&P futures (ESZ25 ) rose +1.00%, and December...

General Motors Co (NYSE:GM) stock is trading higher Friday afternoon, capitalizing on a sharp dovish pivot from Federal Reserve officials that has recalibrated market expectations for a Dec. 10 interest rate cut. Here’s what investors need to know.

New York Fed President John Williams struck a dovish tone Friday, which eased Wall Street's worries over a potential December pause.

The dollar index (DXY00 ) on Friday posted a 5.5-month high but gave up most of its advance and finished up +0.03%. The dollar found support on Friday's hawkish comments from Boston Fed President Susan Collins and Dallas Fed President Lorie Logan, who said they favored keeping interest rates steady....