Federal Reserve News & Breaking Stories

Get the latest on mortgage rates and find out how to save money on your mortgage in the long run.

Investors lose hope in Fed, jobless claims rise, Starbucks employees strike on Red Cup Day. Labor market cooling, unionization efforts growing.

Hedge funds are exiting their short positions at a rapid pace, signaling a potential market resurgence and a rebalancing of US dollar longs.

Global equities rise and Treasury yields rebound as hopes of interest rate cuts fade, but uncertainty remains over growth and inflation.

Banks, post offices, and other businesses will close on Veterans Day to honor those who have served the country.

Taylor Swift's net worth has reached an estimated $1.1 billion, thanks to her successful Eras Tour and music earnings.

Bitcoin surges as speculation grows about the approval of a bitcoin exchange-traded fund in the United States.

2023 saw the highest Social Security increase since 1981, but 2024's adjustment is expected to be lower due to inflation control measures. Stay updated for accurate benefit amounts.

Wall Street experienced a sharp decline as U.S. interest rates are expected to remain high, causing stocks to fall worldwide.

Wall Street indexes gain as data suggests the Federal Reserve may keep interest rates unchanged in September.

Bitcoin's price fell by nearly 8% in an hour of frenzied trading, erasing most of its gains since June. The sell-off coincided with news that Elon Musk's SpaceX had written down the value of its bitcoin holdings by $373mn and sold the cryptocurrency. The volatility comes as US regulators crack down on the sector and as expectations of interest rate cuts by the Federal Reserve are reassessed.

Inflation has led to an increase in mortgage rates, with the Federal Reserve raising its federal funds rate. Experts predict rates will remain high.

Global shares and the dollar rise after US consumer price inflation moderates, boosting hopes of the Fed's rate-hiking cycle nearing its end.

Financial markets rally as US Consumer Price Index (CPI) matches estimates, increasing expectations of a Fed rate pause.

WeWork's potential failure poses a significant threat to the US commercial real estate sector, with experts warning of a "systematic shock."

ECB expected to raise rates as Fed raises interest rates.

Dollar falls as Fed raises rates, leaving room for more hikes.

Federal Reserve launches FedNow, an instant payment service for banks.

Experts predict mortgage interest rates will drop in late 2023.

Wall Street's winning week continues as inflation eases on economy.

U.S. stocks rise as inflation eases, tech sector leads gains.

Inflation drops to lowest level in over two years, benefiting economy and stock market.

Hacktivist group Anonymous Sudan launches cyberattacks on websites to cause disruption.

Bitcoin shows signs of optimism despite SEC lawsuits and stagnant price.