The Latest Breaking News from US Federal Reserve

Shares are mostly higher in Asia after Wall Street benchmarks clawed back some losses from their worst week since early December

Supreme Court to decide fate of Obama-era Consumer Financial Protection Bureau

One Asset Management (ONEAM) yesterday launched the fourth unit of its One Life Settlement Fund (ONE-LS), an alternative investment option, following the success of the first three funds.

The baht fell to less than 35 against the US dollar on Monday and recorded its lowest level for two months, after being the most volatile currency traded in the region this year.

At issue is how the CFPB is funded: It gets its money from the Federal Reserve, which in turn is funded by bank fees, and not through congressional appropriations.

There’s something of a ritual performed each time Federal Reserve Chair Jerome Powell speaks to the press: A reporter asks Powell about financial conditions; he says they’ve tightened a lot; the Wall Street crowd snickers.

The new-year rally seems to be fading as investors digest the minutes of the latest Fed meeting, which reiterated the central bank’s tough stance on inflation. Amid rising market volatilities, iconic stocks Walmart (WMT) and Oracle Corp. (ORCL) could be ideal additions to your portfolios owing to their fundamental strength.…

The current macroeconomic conditions continue to intimidate investors as the Fed is expected to carry on with its aggressive rate hikes amid the rise in Personal Consumption Expenditure (PCE) and a tight jobs market. The rate hikes by the Fed could trigger further volatility in the market in the upcoming…

The stubbornly high inflation is increasing the likelihood that the Federal Reserve will continue its economically painful monetary policy for longer than anticipated, which could tip the economy into a recession. Despite the uncertainties, quality dividend-paying stocks BHP Group (BHP), Telekom Austria (TKAGY), Global Partners (GLP), and MV Oil (MVO)…

WASHINGTON — The Supreme Court agreed Monday to decide on the constitutionality of the Consumer Financial Protection Bureau, created in the wake of the 2008 Wall Street collapse and funded directly by the Federal Reserve.

The stock market volatility is not expected to end anytime soon as the macroeconomic headwinds remain. So, I think fundamentally solid Johnson & Johnson (JNJ), Gilead Sciences (GILD), Stellantis (STLA), and Cardinal Health (CAH) could be the best stocks to own now and forever. Keep reading.