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2 mins read

Stock market today: US stocks rise as markets brace for March inflation data and fresh Fed commentary

Treasury yields continued to climb as markets readjust forecasts for rapid interest rate cuts from …

Filip De Mott   


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US stocks rise amid earnings, fresh Fed comments on rates

The S&P 500 is closing in on 5,000 for the first time ever. Stocks rose as traders digest earnings …

Jennifer Sor   


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19 mins read

David Kushner   


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5 mins read

How Fed Chair Jerome Powell's big decision could impact the upcoming presidential election

They say every vote matters in elections, but the biggest decision in November's presidential race …

Dan DeFrancesco   


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Blame monopolies for today's sky-high inflation, Boston Fed researchers say

Weaker competition amplified the inflationary impacts of the labor shortage, supply-chain problems,…

Ben Winck   


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3 mins read

Two Fed presidents should be fired for trading stocks while in office, advocacy groups say

Since the Fed polices Wall Street banks, it needs to "lead by example" and fire the officials who t…

Ben Winck   


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Home prices may climb to fresh all-time highs as the Fed eyes rate cuts and mortgage rates fall

The Case-Shiller index, a trusted tracker of home prices, saw prices notch all-time highs. And home…

Aruni Soni   


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The feds botched Whitey Bulger's prison transfer so badly that the infamous Boston gangster had 'lost the will to live,' a watchdog found

Bulger was kept in a single cell as his transfer from a Florida to a West Virginia prison dragged o…

Jake Epstein   


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The Boston Fed and MIT publish long-awaited research on central bank digital currencies

The 35-page white paper was borne out of a joint initiative announced in 2020 that aimed to explore…

Isabelle Lee   


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The great Rolex recession is here: How the Fed crushed the luxury-watch boom

The secondhand-watch market has sunk to its lowest level in over two years, according to the WatchC…

Joseph Wilkins   


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2 mins read

The great Rolex recession is here: How the Fed crushed the luxury watch boom

The secondhand watch market has sunk to its lowest level in over two years, according to the WatchC…

Joseph Wilkins   


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US stocks fall as Fed comments and new data raise fear of more rate hikes

Shares of Apple, Nvidia, and Tesla all moved lower in Wednesday's session as September continued to…

Phil Rosen   


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1 min read

US stocks fall as Fed official says more rate hikes could still be on the table

Boston Fed President Susan Collins said policymakers should remain patient, and that "further tight…

Phil Rosen   


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Oil, the dollar, and the Fed still pose a triple threat to the US economy, Bank of America says

Don't rule out a hard landing for the US economy just yet, a team of strategists led by Michael Har…

George Glover   


Emily Graffeo   


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3 mins read

Feds busted a 'high-end' brothel network serving politicians and pharma execs. Apparent clients are wondering if they'll be next.

Hours after federal prosecutors busted an alleged high-end brothel network, users on online forums …

Sonam Sheth   


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2 mins read

Rock-bottom interest rates before the pandemic made the coronavirus recession worse, Fed's Rosengren says

A build-up of risk in the low-rate environment "will make economic recovery from the pandemic more …

Ben Winck   


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1 min read

The Fed's Main Street Lending Program is now open and encouraging banks to start making loans

Lenders can find registration documents on the program site and "are encouraged to begin making Mai…

Carmen Reinicke   


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1 min read

Fed presidents dump shares and apologize for the 'appearance' of conflicts of interest after big trades in companies like Apple and Tesla

"Doing things like this, although not prohibited by the rules, shows poor judgment and really hurts…

Ethan Wu   


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3 mins read

The Fed is about to make its next move. Here are 8 quotes from Jerome Powell and other central bankers that point to what comes next.

Central bankers have shared mixed views on how monetary policy could change as officials mull the p…

Phil Rosen