diff --git a/CHANGES.md b/CHANGES.md
index 0fe4198f..c1b5ec30 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,3 +1,10 @@
+### RQ 1.16 (2024-02-24)
+* Added a way for jobs to wait for latest result `job.latest_result(timeout=60)`. Thanks @ajnisbet!
+* Fixed an issue where `stopped_callback` is not respected when job is enqueued via `enqueue_many()`. Thanks @eswolinsky3241!
+* `worker-pool` no longer ignores `--quiet`. Thanks @Mindiell!
+* Added compatibility with AWS Serverless Redis. Thanks @peter-gy!
+* `worker-pool` now starts with scheduler. Thanks @chromium7!
+
 ### RQ 1.15.1 (2023-06-20)
 * Fixed a bug that may cause a crash when cleaning intermediate queue. Thanks @selwin!
 * Fixed a bug that may cause canceled jobs to still run dependent jobs. Thanks @fredsod!
diff --git a/docs/docs/results.md b/docs/docs/results.md
index 2a2c6d46..80741fe8 100644
--- a/docs/docs/results.md
+++ b/docs/docs/results.md
@@ -157,9 +157,10 @@ for result in job.results():
     print(result.created_at, result.type)
 ```
 
+_New in version 1.16.0._
 To block until a result arrives, you can pass a timeout in seconds to `job.latest_result()`. If any results already exist, the latest result is returned immediately. If the timeout is reached without a result arriving, a `None` object is returned.
 
 ```python
 job = queue.enqueue(sleep_for_10_seconds)
-result = job.fetch_latest(timeout=60)  # Will hang for about 10 seconds.
+result = job.latest_result(timeout=60)  # Will hang for about 10 seconds.
 ```
\ No newline at end of file
diff --git a/pyproject.toml b/pyproject.toml
index 7bb68c0f..30509d67 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -34,6 +34,7 @@ classifiers = [
   "Programming Language :: Python :: 3.9",
   "Programming Language :: Python :: 3.10",
   "Programming Language :: Python :: 3.11",
+  "Programming Language :: Python :: 3.12",
   "Topic :: Internet",
   "Topic :: Scientific/Engineering",
   "Topic :: Software Development :: Libraries :: Python Modules",
diff --git a/rq/version.py b/rq/version.py
index 3e4fa760..a51469e2 100644
--- a/rq/version.py
+++ b/rq/version.py
@@ -1 +1 @@
-VERSION = '1.15.1'
+VERSION = '1.16.0'