S&P 500 rises, Nasdaq jumps 2% in recovery rally after Nvidia-led sell-off: Live updates
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.
Britain caught up in trade war as Trump hits world with 25pc metal tariffs
President Donald Trump unveiled higher tariffs on steel and aluminium imports on Monday night in a measure that UK producers ...
thenightly1d
JACKSON HEWETT: Will runaway US inflation tame RBA’s rate optimism?
Practically every mainstream economist has put their bets on a rate cut next week, but there’s one reason why we shouldn’t ...
CNN3d
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the ...
New York Post3d
Fed Chair Jerome Powell in no hurry to cut rates because the economy is ‘strong overall’
Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade ...
Hindustan Times2d
Jerome Powell reveals if Elon Musk or his DOGE team made attempts to access Fed systems
Jerome Powell said he did not believe that Elon Musk or members of his DOGE team have tried to access the Fed's secure payment systems. Federal Reserve Chair Jerome Powell on Tuesday said he did ...
Hindustan Times2d
Jerome Powell says Fed 'well positioned' for 'risks' that lie ahead, will not change key interest rate
Jerome Powell said the Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid. The Federal Reserve is prepared to ...
UPI3d
Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy
Feb. 11 (UPI) --Federal Reserve Chairman Jerome Powell testified on Capitol Hill Tuesday for the first of two hearings this week. Powell told the panel that the Federal Reserve is in no hurry to ...
Investopedia2d
A Digital Dollar From the Fed? Not On Jerome Powell's Watch
Tom Williams / CQ-Roll Call, Inc via Getty Images Federal Reserve Chair Jerome Powell said the Fed will never launch a Central Bank Digital Currency while he is in charge. Powell's comments nixed ...
Mint2d
‘US Fed ‘well positioned’ for risks amid Trump tariffs’: Jerome Powell reiterates ‘go-slow’ approach on rate cuts
US Federal Reserve Chair Jerome Powell reaffirmed the central bank’s cautious stance on interest rates during his testimony before Congress on Tuesday, stating that inflation remains elevated ...
The Hill3d
Watch: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell sat before the Senate Banking Committee on Tuesday morning to testify on the agency’s monetary policy. Powell said last month that he would not resign from ...
WUFT2d
Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts
Don't expect interest rates to fall any time soon. Federal Reserve Chair Jerome Powell told a Senate Committee Tuesday that with a strong job market and with inflation still elevated, he and his ...