Fed minutes show divide over October rate cut and cast doubt about December
Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor...
Jerome Powell
Here are the 3 big things we're watching in the stock market this week
In a market starved for economic data and concerned about the AI trade, the S & P 500 enters the...
Former Fed Gov. Adriana Kugler violated trading rules while at central bank: ethics report
Adriana Kugler testifies before a Senate Banking Committee hearing on her nomination to be a member of the Federal Reserve...
The shutdown put jobs and inflation data on hold. Here's when it could be back — and what it might say
The U.S. Capitol building after the U.S. Senate advances a bill to end the government shutdown in Washington, D.C., U.S.,...
Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Shoppers carry Macy's and Nordstrom bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The...
For first-time job hunters, a college degree isn't unlocking the opportunities it once did
Students wait in line before the start a career fair at the New York University Polytechnic School of Engineering in...
Treasury Secretary Bessent says U.S. GDP could take a hit from the government shutdown
Treasury Secretary Scott Bessent said Thursday that U.S. economic growth could be hurt by the government shutdown."This isn't the way...
The government shutdown is likely to cement additional Fed interest rate cuts
Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee...
President Trump posts cartoon image depicting him firing Fed Chief Powell
U.S. President Donald Trump passes a document to Federal Reserve Chair Jerome Powell to fact-check the numbers during a tour...
'Spectacular' AI growth is creating a serious labor market problem for Fed, Jefferies' David Zervos warns
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the...
Core inflation rate held at 2.9% in August, as expected, Fed’s gauge shows
Core inflation was little changed in August, according to the Federal Reserve's primary forecasting tool, likely keeping the central bank...
Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness
Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and...
European stocks open lower ahead of U.S. jobs data; H&M surges on earnings beat
Europe-listed stocks opened lower on Thursday, as investors await the latest U.S. jobs data.The pan-European Stoxx 600 was 0.6% lower...
European defense stocks rally after Trump comments on Ukraine; Saab adds 5%
European shares opened lower on Wednesday morning, even as defense equities gained a boost from U.S. President Donald Trump's latest...
Asia markets track Wall Street declines after U.S. Fed chair suggests stocks are overvalued
People crossing the street in Shibuya, Tokyo.Maydays | Moment | Getty ImagesAsia-Pacific markets fell Wednesday, tracking Wall Street declines after...
Week in review: Stock market records, Fed rate cut, trades, and new iPhones
The stock market reached records again this week, propelled by the Federal Reserve's decision to cut interest rates for the...
The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher
Torsten Asmus | Istock | Getty ImagesLonger-term Treasury yields jumped this week, flying in the face of the Federal Reserve's...
Japan's Nikkei 225 erases gains to trade lower after BOJ keeps interest rate steady
People crossing the street in Shibuya, Tokyo.Maydays | Moment | Getty ImagesJapan's benchmark Nikkei 225 index pared gains to fall...
David Tepper says Fed could cut a few more times, but easing too much risks entering 'danger territory'
Hedge fund billionaire David Tepper said the Federal Reserve could cut rates a bit more, but then risks more inflation and...
Hassett says Fed made 'prudent call,' signaling White House OK with quarter-point cut
The Federal Reserve's decision to cut its key borrowing rate by a quarter percentage point seems to be sitting well...
