The Latest Breaking News from US Federal Reserve

Ken Griffin, a former supporter of President Donald Trump has publicly criticized the President’s tariff policy, calling it “anti-American.”

U.S. economic data keeps coming back stronger than expected, and frankly it’s raining on the parade for markets.

Leading cryptocurrencies plunged alongside stocks on Thursday, as strong economic data dampened expectations for a rate cut by the Federal Reserve.

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.43%. December E-mini S&P futures (ESZ25 ) fell -0.48%, and December E-mini Nasdaq futures...

The dollar index (DXY00 ) on Thursday rose by +0.64% to a 3-week high. The dollar rallied as Thursday’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft) capital...

Defense Secretary Pete Hegseth has summoned the military’s top officers to a base in northern Virginia for a sudden meeting next week, according to three people familiar with the matter

Despite elevated living costs and a tight job market, the U.S. economy is still strong. Moody's Chief Economist Mark Zandi says it's wealthy people who are keeping the economy afloat.

Shares of Plug Power Inc (NASDAQ: PLUG) are continuing their downward trend Thursday afternoon. The decline extends a volatile week for the hydrogen fuel cell company, erasing strong gains from the previous week. Here’s what investors need to know.

Wall Street retreated on Thursday, with major indexes heading for a third straight day of losses as stronger-than-expected economic data reduced hopes for near-term Fed rate cuts and lifted the dollar.