The Latest Breaking News from US Federal Reserve

Growth is good. In another banner year for the stock market, large-cap growth funds gained 30% in 2024, with the Magnificent Seven powering the upside.

March S&P 500 E-Mini futures (ESH25) are trending down -0.27% this morning as investors adopted a cautious stance ahead of the all-important U.S. jobs report that will help shape the outlook for interest rates.

Ted doesn't desire to work as a retail manager but cannot plan to retire anytime soon due to high levels of credit card debt.

Also: Trump considers "state of emergency," eBay stock soars on Facebook news.

Asian stocks are mostly lower after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. March E-mini S&P futures (ESH25 ) are up +0.13%, and March E-mini Nasdaq futures...

The minutes from the December Fed meeting signaled central bankers' uncertainty over potential Trump administration policies.

Prices for used cars are finally dropping, just in time for consumers to take advantage of the Federal Reserve's latest interest rate cuts that affect car loans.

The dollar index (DXY00 ) Wednesday rose by +0.50% after CNN reported that President-elect Trump is considering declaring a national emergency to push through his tariff plans, which could roil global trade and boost inflation pressures. The dollar extended its gains after the 10-year T-note yield jumped to an 8-1/2...