The Latest Breaking News from Raphael Bostic

Economists said the U.S. is not in a recession currently, but one could start in 2023.

Futures signaled sharp losses for the market rally amid weak JPMorgan earnings and views for a massive Fed rate hike. Tesla's AI chief has left.

The monthly jobs report is the Rodney Dangerfield of economic statistics. It gets little respect yet has a big and important audience.

The Fed's suggestion of an autumn pause in rate hikes has stocks on the move Thursday, but growth concerns are keeping bond yields low while adding a degree of caution to the early market rally.

Hong Kong (AFP) - Markets were mixed Wednesday, with little sign of any relief from recent dour performances as investors remain fearful about the economic outlook owing to the impact of inflation, higher interest rates, China's slowdown and the Ukraine war.

Hong Kong (AFP) - Asian markets fluctuated Wednesday, with little sign of any relief from recent dour performances as investors remain fearful about the economic outlook owing to the impact of inflation, higher interest rates, China's slowdown and the Ukraine war.

The days of the 'Fed put' are probably over

The NFIB small business optimism index for April is scheduled for release at 6:00 a.m. ET. The optimism index has fallen short of market estimates in the last three reports. Analysts expect April's reading declining to 92.9 from March's 93.2. New York Fed President John Williams is set to speak…

Stocks sank in a widespread rout amid concern about the Federal Reserve’s ability to tame decades-high inflation without throwing the economy into a recession.