The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
Federal Reserve Chair Jerome Powell faced sharp criticism from prominent economist Mohamed El-Erian following a Dallas ...
The LA Clippers could be on the verge of making a blockbuster trade with the Detroit Pistons that no one sees coming.
Wall Street stocks slipped early Friday, after Federal Reserve Chair Jerome Powell signaled that the US central bank was in no hurry to cut interest rates.
Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.
Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary blame, rather, goes to supply constraints as the economy came out of COVID and ...
October retail sales loom after in-line inflation data and Jerome Powell's comments casting doubt on Fed rate cuts. S&P 500 ...
Palantir's stock was surging 6.3% in recent trading, enough to lead the S&P 500's winners, after the AI-play said it plans to change its listing exchange to the Nasdaq from the N ...
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Fed-funds futures traders were in the process of lowering their expectations for rate cuts by the Federal Reserve next year, after indications that policy makers are in no rush to keep reducing ...
The Dow Jones Industrial Average (DJIA), one of the three main Wall Street benchmarks, succumbed to selling pressure in early ...