The Latest Breaking News from US Federal Reserve

This week, we had the latest meeting by the Federal Reserve. The central bank raised interest rates by 25 basis points, and indicated that we're likely close to a pause. You'd imagine the stock market (SPY) would cheer... But I'm seeing something else that's making me nervous. Read on.

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis

It’s been a while since I talked to anyone enjoying the recent stock market action. Too volatile. Too illogical. No real trend. All true. However, the more we understand why this is happening the easier to diagnose what will happen from here and how we can trade our way to…

RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.

The global economic and investment picture this month is strikingly different from last month. In our article last month "Global and Thai economy in a no-landing scenario", we warned about rising risks, even as others predicted a "no landing" situation, or an economy that can continue without slowing down or…

St. Louis Fed president Bullard told Bloomberg Friday he fears '70s-style inflation will hit the global economy if the Fed changes its inflation target.

The dollar index (DXY00 ) on Friday rose by +0.56%. The dollar Friday rose moderately on stronger-than-expected U.S. economic reports. Also, signs of strong foreign demand for dollars are bullish for the greenback after the Federal Reserve facility that gives foreign central banks access to dollar funding was tapped for...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) is up +0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.03%. After a opening up in the red, U.S. stock indexes...

Popular brokerage company Robinhood (HOOD) attracts millennials and Generation Z traders by offering zero-commission financial services. While not all stocks traded on this platform possess fundamental strength, investors could consider buying fundamentally sound Robinhood stocks Visa (V) and Pfizer (PFE) and holding them for the long term. Keep reading….

The Federal Reserve this week increased interest rates for the ninth time since last year and shows no indication of rate cuts this year despite lingering recession fears. As the macroeconomic backdrop remains uncertain, investors could consider buying fundamentally strong, dividend-paying stocks Walmart (WMT), Elevance Health (ELV), and Canon (CAJ)…

The billionaire investor says interest rate hikes are undermining the economy and could lead to more bank turmoil.