The so-called Trump Trades also continued to lose steam with Tesla shares dropping another 6%, while the smallcap index ...
Jerome Powell noted that the economy was not signaling any distress that would necessitate an accelerated pace of rate cuts.
From key announcements to major events impacting the micro and macro economy of the country and the world, this platform ...
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
By Ann Saphir and Howard Schneider DALLAS (Reuters) -Ongoing economic growth, a solid job market, and inflation that remains ...
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
Federal Reserve Chair Jerome Powell on Thursday said it was too soon to discuss how future fiscal policy could impact the ...
While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any ...
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Presidents typically do not wait for the current chair's term to expire before nominating a successor or renominating the ...
That action follows a losing day on Wall Street as the postelection upswing continued to show signs of fizzling. The Dow fell ...