The S&P 500 advanced 0.92% to 6,067.70, with technology shares seeing the biggest gains among sectors. The Technology Select Sector SPDR Fund (XLK) rose more than 2%, following a 4.9% loss on Monday.
President Donald Trump unveiled higher tariffs on steel and aluminium imports on Monday night in a measure that UK producers ...
The Nasdaq Composite slid more than 3% in Monday’s trading as a slate of AI-related plays, including chip darling Nvidia, tanked.
All eyes now turn to this week ... tempering dollar strength. Fed Chair Jerome Powell, in his December remarks, made it clear that the central bank remains laser-focused on taming inflation.
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
By Colby Smith Listen to our interview with Jerome Powell. By Andrew Ross SorkinEvan RobertsDan PowellKelly PiekloZachary Mouton and Sarah Kessler Rates may not come down as much or as quickly ...
After three rate cuts last year, the Fed is playing it cautious. Fed Chair Jerome Powell pointed to solid economic growth, a stable job market, and inflation that's easing but still a little high.
The week will also see Fed Chairman Jerome Powell’s testimony to the US Congress. On Friday, President Trump said he could announce "reciprocal tariffs" on Monday or Tuesday, without specifying ...
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," saying the Fed has a careful budget process. President Donald Trump ...
And yet Federal Open Market Committee Chairman Jerome Powell says he hasn’t had any contact with the new occupant of the White House. Even before President Donald Trump got the keys to the White ...
Donald Trump and Federal Reserve Chair Jay Powell could be on a collision course in 2025. At a Jan. 7 press conference, Trump said "inflation is still raging, and interest rates are far too high.