The Great Retirement, or the surge in U.S. retirements during the Covid-19 pandemic, was led by older White women without a college education, according to research by the St. Louis Federal Reserve. The so-called Great Retirement trend that saw workers ...

Federal Reserve officials are preparing to move quicker than the last time they tightened monetary policy in a bid to keep the U.S. economy from overheating amid high inflation and near-full employment. Prospects for another year of growth above the ...

The Federal Reserve, in its quest to be as transparent as possible, has tamped down some of the numerous economic and market outlooks for 2022 by showcasing plans to hike interest rates as many as three times this year. While ...

As financial advisers meet with clients to rebalance portfolios and plot the right investment mix for 2022 and beyond, they are faced with the biggest challenge in a generation over some investment truths that must be reckoned with. First, your ...

Federal Reserve officials intensified their battle against the hottest inflation in a generation by shifting to end their asset-buying program earlier and signaling they favor raising interest rates in 2022 at a faster pace than expected. Heralding one of the ...

Allianz’s Mohamed El-Erian urged the Federal Reserve to acknowledge that inflation isn’t transitory and “ease your foot off the accelerator starting now.” El-Erian, who expressed support for Lael Brainard over renominated Fed Chair Jerome Powell, said on “Fox News Sunday” ...

Wall Street will head into the Thanksgiving holiday with one less worry after President Joe Biden decided to nominate Jerome Powell for a second four-year term as Federal Reserve chair. Biden also elevated Governor Lael Brainard to vice chair. Taken together, the ...

President Joe Biden selected Jerome Powell for a second four-year term as Federal Reserve chair and elevated Governor Lael Brainard to vice chair, maintaining consistency at the central bank as it grapples with the fastest inflation in three decades along ...

Amid all the arguments being made for reducing fixed-income exposure in exchange for the much more exhilarating journey across the high-flying equity markets, Thomas Lee, chief investment officer at Parametric, offers a counter perspective. While Lee acknowledges the rationale against ...

Federal Reserve Governor Randal Quarles will step down from the central bank in the last week of December, freeing up another vacancy for President Joe Biden to fill as he considers new leaders for the central bank. The Fed announced ...