The Latest Breaking News from the Federal Reserve

Shares have mostly gained in Asia, with Japan's benchmark Nikkei 225 index falling shortly after the open and then bouncing as it climbed higher

“It’s a little bit like wanting to go to the emergency room for a cough,” El-Erian told Fortune.

Japan's benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street, while other world markets appeared to have settled after the rollercoaster ride that started the week

Stocks closed lower for a second day due to weak jobs report. Federal Reserve unlikely to intervene immediately.

Learn how the 10-year Treasury yield drop affects mortgage rates and why delaying home purchases may not be wise.

Another cut of 75 basis points should come at the Fed’s next meeting in September, he added.

What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024 – stocks are plunging. Some analysts even worry that a recession could be on the…

The Dow Jones Industrial Average fell nearly 1,000 points as investors reacted to fears that the Federal Reserve might be slow to implement significant interest rate cuts.

While warning about a 25 percent chance of an economic downturn, Goldman Sachs said the US economy remains “fine overall,” and that the recession risk is “limited”