The Latest Breaking News from the Federal Reserve

The price of gold today (GCZ23 ) soared to an all-time high of $2,130.2 an ounce on the COMEX exchange before falling back. Gold prices have climbed more than +16% over the past month from a 9-month low on growing speculation that the Federal Reserve and European Central Bank are...

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Asian markets drifted Friday following a mixed day on Wall Street, with data showing a continued fall in US inflation unable to relight the buying that characterised much of November.

Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year.

US economic activity has slowed in recent weeks and the labor market has continued to cool, the Federal Reserve announced Wednesday, as it continues its fight against stubborn inflation.

Treasury yields are swooning across the board as the Fed moves toward rate cuts, but the S&P 500 is barely taking note. Here are some things to keep in mind.

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Asian shares are mostly lower although a strong report on U.S. consumer confidence and hopes the Federal Reserve is finished with its aggressive interest rate hikes sent shares higher on Wall Street