Powell confirms that the Fed would have cut by now were it not for tariffs
US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on "The Federal Reserve's Semi-Annual Monetary...
Donald Trump
Billionaire Ken Griffin's hedge funds at Citadel are all in the green for 2025
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in...
Trump’s megabill squeaks through Senate, but House can still reject changes
U.S. Senate Majority Leader Sen. John Thune (R-SD) (L) walks off the Senate floor after the Senate stayed in session...
Stocks making the biggest moves premarket: Tesla, Sweetgreen, Hasbro, AeroVironment and more
Check out the companies making headlines before the bell. Tesla — The electric vehicle maker shed 6% after President Donald...
Ford sales jump 14% in the second quarter, well above industry forecast
Ford sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry increase,...
Hedge fund billionaire Robert Citrone is making bold calls, including a correction starting about now
Robert Citrone, a billionaire hedge fund manager who enjoyed 50% back-to-back annual returns, is boldly forecasting a 10% correction in...
Jewelry sales outperform as U.S. spending for most luxury goods falters, Citi report finds
Domenica Graci, the CEO and Founder of travel agency One Luxury, is seen wearing a golden Vintage Alhambra bracelet from...
Some banks say Trump's 'big, beautiful bill' will be a boon for the U.S. economy
The U.S. Capitol in Washington, D.C.Bloomberg | Bloomberg | Getty ImagesU.S. President Donald Trump's "big, beautiful bill" — or officially, the...
Dow futures jump 200 points, S&P looks to add to record as investors bet on trade deals ahead: Live updates
Traders work on the floor of the New York Stock Exchange on June 27, 2025. NYSEStock futures rose early Monday...
Trump says the administration is working on a 'temporary pass' for immigrants in certain industries
A tractor plows a field as seen through heat shimmers during a heat wave in Woodland, California, U.S. May 30,...
Trump says Mamdani must 'do the right thing' if elected mayor of New York City — or risk losing funding
U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo's Foreign Minister Therese Kayikwamba Wagner (not...
France is betting Eutelsat can become Europe's answer to Starlink — but experts aren't convinced
France views Eutelsat as a strategic asset in the EU's push for technological sovereignty.Benoit Tessier | AFP via Getty ImagesFor...
Trump's 'big, beautiful bill' clears key Senate hurdle after high drama
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans' weekly policy luncheon...
What's in the Senate’s version of Trump's spending bill — and who stands to benefit
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans' weekly policy luncheon...
Trump loses latest bid to get Central Park Five defamation lawsuit tossed
U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo's Foreign Minister Therese Kayikwamba Wagner and...
Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon
Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a...
Trump's war against the Powell Fed has taken another political turn
Federal Reserve Chairman Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing to...
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve's...
How the stock market made it back to a new record — even with so much still to worry about
Traders work on the floor at the New York Stock Exchange on June 23, 2025.Brendan McDermid | ReutersAn aggressive trade...
How the Republican megabill targets immigrant finances
Senate Majority Leader John Thune (R-SD) speaks to reporters at Capitol Hill on June 24, 2025 in Washington.Tasos Katopodis |...
