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Powell said that he is closely monitoring a case making its way through the Supreme Court that could threaten the independence of the Fed. The case challenges an FDR-era precedent known as Humphrey’s ...
The Fed won't intervene in a stock market plummet, Powell said. President Trump’s tariff policy has sent the stock and bond markets on a whiplash-inducing ride this month. Powell said he wasn’t overly ...
President Trump’s tariff policy will likely wipe away any progress made on reducing inflation and keeping employment stable by the Fed this year, said Powell. There is a strong likelihood that unemplo ...
Follow here for live coverage and analysis of Federal Reserve Chair Jerome Powell's speech at 1:30 p.m. Eastern on Wednesday.
A key gauge of fear remains at elevated levels amid the bumpy rollout of tariffs. Here’s how advisors are helping clients ...
Hurricane Ian made landfall near the island of Cayo Costa, Fla., Wednesday afternoon as a Category 4 storm. More than a ...
Stocks continued to slide heading into the final hour of trading. The Dow dropped 890 points, or 2.2.% The S&P 500 fell 3.1%. Thee Nasdaq Composite slid 4.4%. Wall Street was already selling tech stoc ...
The outlook for economic growth may be softening, but the U.S. labor market is still on solid ground, Powell said. Jobs growth has slowed relative to last year, but the unemployment rate remains “in a ...
Interactive Brokers reported Tuesday adjusted first-quarter earnings of $1.88, falling short of Wall Street estimates of ...
Worries about DOGE and Donald Trump’s trade war have hit this engineering company’s stock. Jacobs is globally diversified, ...
Dow, S&P 500, and Nasdaq 100 futures are falling in premarket trading Wednesday as the stock market reacts after Nvidia takes a $5.5 billion charge amid President Donald Trump's trade war with China.
Bank of America and Citigroup notched higher revenue and profit as their trading desks benefitted from a sharp rise in market ...
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