Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
WASHINGTON—Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of ...
Taking a closer look at the operating segments, AWS (Amazon Web Services), grew 19% year on year, in line with analysts' estimates, while operating margin beat handily. Notably, AWS reached a revenue ...
The Nasdaq and the S&P 500 were set for their worst session in over two weeks on Friday, after comments from Federal Reserve ...
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.
Bitcoin dropped nearly 3% after Federal Reserve Chair Jerome Powell signaled that further rate cuts may not be forthcoming, ...
Stocks moved lower Friday, putting major indexes on pace to post weekly losses as the election-fueled rally that stocks to a ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
"To the person who stole my glasses. I will find you; I have contacts." Here in Cleveland, much of the mortgage talk involves ...
Gold prices on Friday were on track for their biggest weekly decline in over three years as expectations of less aggressive ...
Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.