The Latest Breaking News from the Federal Reserve

The head of Starwood Capital Group said it all comes down to the labor market. “People are employed and when people are employed, they spend money.”

Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market

Asian shares are trading mixed, echoing the trend on Wall Street after the Federal Reserve chair made comments that indicated inflation still isn't under control

Questions on interest rates, banking regulation, and inflation to be raised during Powell's testimony.

Energy stocks were some of Tuesday's biggest decliners, while Alibaba slid on a C-suite shake-up.

What Is the Great Wealth Transfer?Forget Succession-style plotting and backstabbing. These days, the most common way to come into riches is much easier. The great wealth transfer, also known as the intergenerational wealth transfer, is the transmission of family assets from one generation to ...

The FTX meltdown, "Operation Chokepoint 2.0," and a "crypto winter" have only strengthened the resolve of the enthusiasts Reason spoke with at the annual National Bitcoin Conference in Miami.

RECAP: Asian shares rose to a four-month high yesterday as US economic data lifted expectations that the Federal Reserve is near the end of its rate-hike cycle. Expectations of more stimulus from China also buoyed investor sentiment.

June S&P 500 futures (ESM23) are down -0.02%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.09% this morning after three major U.S. benchmark indices rallied on Thursday as a series of economic data pointed to easing inflationary pressures, bolstering hopes that the Federal Reserve will soon end its…

June S&P 500 futures (ESM23) are up +0.10%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.30% this morning after three major U.S. benchmark indices rallied on Thursday as a series of economic data pointed to easing inflationary pressures, bolstering hopes that the Federal Reserve will soon end its…

After 10 consecutive interest rate hikes meant to squeeze down inflation, the Federal Reserve on Wednesday held steady at a benchmark rate of between 5 and 5.25%, indicating that the aggressive intervention has yielded results and the central bank is easing off. Let’s hope this pattern holds, because the consequences…