U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed
A construction worker is shown on the job site at a multi-unit residential housing project in Encinitas, California, U.S., July...
Jerome Powell
Here's how to get a better mortgage rate as the 30-year fixed nears a 1-year low
The average rate on the 30-year fixed mortgage notched its biggest one-day drop in more than a year on Friday. Although...
Traders see a chance the Fed cuts by a half point
Traders work at the New York Stock Exchange on Aug. 29, 2025. NYSETraders are leaving open the option the Federal...
Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown
Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on...
Investors are dumping bonds globally while gold is soaring. Here's why
Surging bond yields have been making headlines for the past few days as have soaring gold prices, and while they...
'We shouldn't ignore this:' Longtime investor Rebecca Patterson warns Trump could damage Fed independence
President Trump's efforts to fire Federal Reserve Governor Lisa Cook could jeopardize the central bank's independence, according to longtime investor...
Here's what it really means for Trump to get control of the Federal Reserve board
US President Donald Trump speaks during a meeting with Ukrainian President Volodymyr Zelenskyy and European leaders in the East Room...
The stock market had a tough week but a great month. Here's what happened
A strong month for the stock market ended on a sour note. The S & P 500 on Friday retreated...
Fed's Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March...
European markets head for mixed open ahead of EU and U.S. inflation prints
European stock markets are heading for a mixed open on Friday as attention turns to inflation prints from some of...
Fed's John Williams stresses independence as Trump moves to fire Lisa Cook
New York Federal Reserve President John Williams on Wednesday stressed the importance of central bank independence as President Donald Trump...
European stocks set to rebound as traders eye Nvidia earnings
European markets are heading for a higher open Wednesday as traders gear up for a quarterly earnings report from chipmaker...
Trump's Fed firing: What to know and why it matters
President Donald Trump sent shockwaves through global markets Monday night by saying he would fire Federal Reserve Board Governor Lisa...
Markets are sure the Fed will cut in September, but the path from there is much murkier
Traders work on the floor of the New York Stock Exchange on Aug. 22, 2025, in New York City. Spencer...
Here's my Monday playbook after the stock market's Fed-driven rip higher
The conundrum of the stock market going down ahead of Jackson Hole confounded me. With a market that had been...
Why Fed chief Powell's rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a...
Powell indicates conditions 'may warrant' interest rate cuts as Fed proceeds 'carefully'
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted...
Here's what current and former Fed officials are saying about Lisa Cook investigation
Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on...
Watch Fed Chair Powell's full policy speech at Jackson Hole
Federal Reserve Chair Jerome Powell delivered his annual address Friday morning at the central bank's annual symposium in Jackson Hole,...
Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here's what Wall Street expects
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the...
