Federal Reserve

The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates.

$SIVB stock price collapsed to the lows 2016, and after the market closed shares slid another 26% in extended trading.

In their last note, economists at Goldman Sachs are now forecasting the US Federal Reserve (FED) to hike rates by 25 basis points (bps). The hikes are expected to occur at each of the FED meetings in March, May and June, later this year.…

U.S. President Donald Trump on Wednesday said the U.S. Federal Reserve must cut rates “bigger and faster’’ for America to be competitive against other countries. “Our problem is a Federal Reserve that is too proud to admit their mistake…

The dollar held at a near three-week high on Tuesday as investors sought the relative safety of the U.S. currency after the International Monetary Fund cut its forecasts for the world economy in 2019 and 2020. The dollar has…

Donald Trump has asked the US Federal Reserve to cancel its plans to increase interest rates during its meeting scheduled for next week. This is in a bid to show he means business with his campaign against rate hikes in the United States.…

Jeff Bezos the owner of Amazon.com has become the richest man in modern history according to the Bloomberg Billionaires Index. The net worth of the Amazon.com Inc. founder rose a little above $150 billion in New York on Monday; about $55…