The Latest Breaking News from US Federal Reserve

Gold has already ventured into uncharted territory, surging to record highs above $3,500 per ounce — but the next chapter may open the door to an even more explosive rally.

The Justice Department has issued subpoenas as part of an investigation into mortgage fraud allegations against Lisa Cook, who is fighting a Trump administration effort to remove her from her role as a Federal Reserve Governor

While most investors are easing into fall, seasoned traders know what September really brings: a lot of red, a lot of fear, and a whole lot of regret. If you're caught on your back foot, that is.

American equities might be printing new highs, but leveraged ETF flows are suggesting a market that is becoming more tactical rather than euphoric. Edward Egilinsky, managing director and head of Alternative Investments at Direxion ETFs, on Thursday said that in August, there was a move away from vanilla bullish wagers…

Risk appetite returned to Wall Street on Thursday, as signs of labor market cooling in August cemented expectations that the Federal Reserve will begin cutting interest rates at its Sept. 17 meeting.

Donald Trump's pick to join the Federal Reserve's board of governors pledged to uphold US central bank independence if confirmed -- but was coy about leaving his current White House role in the process, as the institution faces growing pressure from the president to slash interest rates.

Wall Street could be marching into a bad-news-is-good-news environment, as deteriorating labor market data bolsters the odds of imminent rate cuts — potentially giving stocks the lift they need to break new records.

The FTSE 100 index closed up 38.88 points, or 0.4%, at 9,216.87.

Stephen Miran, who chairs the White House Council of Economic Advisers, says he won't resign even if confirmed to become a Fed governor.

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.28%. September E-mini S&P futures (ESU25 ) are up +0.29%, and September...

The dollar index (DXY00 ) today is up by +0.19%. The dollar is moving higher today on mixed US economic reports. The upward revision to Q2 nonfarm productivity and the downward revision to Q2 unit labor costs are supportive for the dollar. The dollar also found support after the Aug...