The Latest Breaking News from US Federal Reserve

Amid rising worries over surging inflation, the Federal Reserve’s hawkish tilt, geopolitical uncertainties, and supply chain crisis, consumer defensive stocks have outperformed the broader market so far. However, not all stocks in this sector are well-positioned to dodge the market’s volatility. For example, lately, Clorox Company (CLX) and Estée Lauder…

Twenty-two Democratic members of Congress are urging the Federal Reserve Bank of Dallas to appoint the first Latino regional president to fill the top position that’s been vacant since October.

Value stocks continue to be the lone bright spot in this gloomy market. How to use the StockNews screener to uncover some hidden diamonds in the rough.

The Federal Reserve's 50-basis-point interest rate hike announced last week triggered a positive reaction initially.

Australian shares have fallen, dragged lower by mining stocks, with investors globally maintaining a cautious stance over rate-hike worries and as tightening COVID-19 restrictions in Shanghai fuelled concerns about a possible recession.

Soaring inflation tops the agenda when the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meets this Wednesday to discuss Thailand's economic outlook in the second half of the year.

Confidence surveys this week will provide a guide to how consumers and businesses are handling rising interest rates and inflation.

As the recession concerns could keep the overall stock market under pressure in the near term, it could be wise to bet on dividend stocks for a steady income stream. Thus, we think investors should consider scooping up shares of Weyerhaeuser (WY), General Mills (GIS), and WestRock (WRK) now.

Benzinga’s “10 Stocks With $10 Billion Market Cap Down 10%” aims to deliver investors the news surrounding hot stocks with significant price action for the week ending May 6, 2022.