The Latest Breaking News from US Federal Reserve

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Tuesday after recording gains on Monday. The Dow Jones closed higher by around 197 points, while the Nasdaq Composite rose around 0.8% in the previous session.

The main Saudi Stock Exchange (Tadawul) continued its sharp decline, dropping 1.1 percent, closing Monday at 11,446 points, with a loss of 126 points, touching its lowest level in nearly two months. This week, the Saudi stock market was affected by developments in the global markets and stock exchanges, which…

Australian shares post solid gains after Wall Street recovers from its two-day losing streak as investors wait to see how aggressively the US Federal Reserve will lift interest rates this week.

The raging inflation and the Fed’s aggressive interest rate hikes have weighed on investors’ sentiments lately. And with growing recession fears, we think investors should avoid Lucid Group (LCID), SoFi Technologies (SOFI), and Bed Bath & Beyond (BBBY), given their bleak fundamentals. Read on….

Considering the persistently high inflation, the Fed will likely announce another aggressive interest rate hike this week. Amid growing recession concerns, investing in quality dividend-paying stocks Walmart (WMT), Pfizer (PFE), and Cigna Corporation (CI) could help generate a steady income stream. Read more….

Lingering shortage of semiconductors and supply chain issues have hindered automobile production. However, lucrative Federal initiatives should boost the industry’s growth. While we think investors should consider buying quality auto stock Volkswagen (VWAGY), fundamentally weak stocks Faraday Future Intelligent Electric (FFIE) and Mullen Automotive (MULN) might be best avoided now.…

The European Central Bank says it will give corporations climate scores before it buys their bonds and intends to prioritize those doing more to reveal and reduce greenhouse gas emissions

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control.

One of the attractions of real estate investment trusts (REITs) is that some pay exceptionally high dividends. How long this can continue – with the Fed about to raise interest rates – is another question, but, for now, it’s easy to find REITs paying 6%+ dividends.