The Latest Breaking News from US Federal Reserve

Concerns over heightened inflation pressures and the Federal Reserve's aggressive interest rate hikes have increased volatility. Given recession concerns, dividend stocks ensure a regular income stream and could be wise. Thus, Warren Buffett's dividend-paying bank stocks, The Bank of New York (BK), Citigroup (C), and U.S. Bancorp (USB), could be…

Goldman Sachs economists slashed U.S. growth forecasts and warned of potential recession risks earlier this month, citing uncertainty surrounding the Federal Reserve’s tighter monetary policy to fight 40-year high inflation. In navigating growing economic risks, defensive ETFs like Fidelity MSCI Utilities (FUTY), GraniteShares Gold (BAR), and Consumer Staples Select (XLP)…

The Federal Reserve made headlines at its May meeting when it raised interest rates by the single biggest hike since 2000, but another lesser-known decision — albeit a substantially more complex one — could have an even greater influence over how much you pay to borrow money.

While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary Fund's No. 2 official said Monday.

Americans’ financial health reached its highest level in nearly a decade last year, the Federal Reserve said Monday, spurred by a strong job market and government support payments

Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.

With the uncertainty of a hung parliament removed, the Australian market stands a good chance of a relief rally as money managers put cash to work.

Asian stocks were mixed Monday as inflation fears and concerns about low economic growth weighed on markets. Investors will be looking to the release on Wednesday of notes from the latest Federal Reserve committee meeting for clues on further rate hikes by the US central bank. Wall Street ended the…

White House economic adviser Brian Deese stopped short of ruling out a U.S. recession as the Federal Reserve combats inflation, saying the central bank needs space to do its job.

There was reason for optimism earlier in the week as the S&P 500 (SPY) advanced nicely after skirting bear market territory. But then on Tuesday WalMart had shockingly poor earnings which was easily ignored. Unfortunately the next day Target reported even worse results and the investment world took notice with…

California's minimum wage is likely to rise to $15.50 an hour in January because of inflation, said Gov. Gavin Newsom on Thursday.