Food, rent and energy prices remain high in February inflation breakdown
Inflation fell but remained persistently high in February, squeezing Americans in the form of higher prices for basic necessities like groceries and rent.
Silicon Valley Bank: Fed says Vice Chair for Supervision to review what led to collapse
The Federal Reserve Board says Vice Chair for Supervision Michael S. Barr will lead a review of the supervision and regulation of Silicon Valley Bank.
Mortgage rates keep rising amid high inflation: Freddie Mac
Mortgage interest rates increased again this week after the year opened on a more optimistic note for homebuyers. Meanwhile, mortgage rate volatility persists as the Fed raises interest rates to fight inflation. But the tide may soon turn.
Treasury bond yield inversion signals economic pain
The inversion of the bond yield curve deepened to its widest spread for two- and 10-year Treasurys since 1981 as Fed Chair Jerome Powell testified before Congress.
Senate Banking Committee Republicans to grill Fed chair on inflation, regulating big banks
Republicans on the Senate Banking Committee are expected to grill Federal Reserve Chair Jerome Powell in a Tuesday hearing on Capitol Hill.
Interest rate hikes 'won’t stop big corporations' raising prices, Sen. Brown to tell Fed chair
Senate Banking Committee Chairman Sherrod Brown is expected at Tuesday's hearing to criticize the Federal Reserve's continuous interest rate hikes.
Inflation, robust job data divides America’s top economists
The National Association for Business Economics (NABE) released its latest economic outlook survey which showed economists are divided over a potential recession.
Goldman Sachs expects 3 more Fed rate hikes this year
The latest inflation data has Goldman Sachs expecting three more interest rate hikes from the Federal Reserve of 25 basis points each this year.
Biden to pick Federal Reserve's Lael Brainard, Jared Bernstein as top economic advisers
President Biden is appointing two top economic advisors for his administration on Tuesday amid economic uncertainty and high rates of inflation in January.
Inflation rose 6.4% in January
The latest read on consumer prices showed a mixed bag presenting more challenges for Federal Reserve Chair Jerome Powell as the central bank looks to combat high inflation.
Fed’s Williams says restrictive policy needed for a few years to bring down inflation
The New York Fed president on the central bank’s efforts to bring down inflation using interest rate hikes and scenarios where high prices could be persistent.
Disney earnings, Fed’s Powell speech, SBF bail backers? Top week ahead
From President Biden's State of the Union address to a host of earnings from the likes of Disney, Uber and Mattel, investors are staring down a busy week.
Gold demand at its highest since 2011
The World Gold Council revealed that demand for gold hit highs last year not seen since 2011, fueled by central bank tightening cycles, including the Federal Reserve's.
Apple, Amazon earnings, jobs data and Fed decision top week ahead
The Fed's February meeting as well as earnings from automakers, oil companies and tech companies, including the biggie, Apple, will steer financial markets this week.
Yellen rejects minting $1T platinum coin to avoid US debt ceiling as a 'gimmick'
Treasury Secretary Janet Yellen dismissed the idea of minting a $1 trillion platinum coin to raise the debt limit without Congress as a "gimmick" that the Fed may not agree with.
Central-bank digital currencies are coming—whether countries are ready or not
Central-bank digital currencies could lead to big changes in the most basic activity of any banking system: making and distributing money.
BlackRock’s CIO Rieder says Fed overtightening ‘dangerous’ to many business sectors
BlackRock’s Chief Investment Officer of Global Fixed Income Rick Rieder sat down with FOX Business on Monday to discuss the likelihood of interest rate hikes from the U.S. Federal Reserve in 2023
Silver and gold poised to shine in 2023
With inflation, recession and a volatile stock market expected to remain big themes this year, precious metals are poised to shine in 2023, say experts. Gold and silver, hedges to inflation and uncertainty, could push gold to a record $2,100+ an ounce, while silver may approach $38 an ounce, a nearly 50% jump.
Blue-chip stocks plummet, pulling Dow lower as Grinch makes home on Wall Street
The Dow Jones Industrial Average is down Thursday as some of the indices’ key stocks nosedive
Will a Santa Claus Rally come to Wall Street this year?
A Santa Claus Rally is in doubt after the U.S. Federal Reserve decided to raise interest rates and economic recession looms.


















