The Latest Breaking News from Jerome Powell

A marked slowdown in hiring and rising unemployment means the Fed might have to make steep cuts to interest rates soon.

The stock market took a bearish turn amid economic fears. Apple and Meta had strong results, while AI spending remains robust.

US job market shows signs of recovery post-pandemic with positive outlook from Federal Reserve Chair Powell.

"I am skeptical that the key economic data over the next seven weeks are going to add to the FOMC’s confidence."

Wall Street anticipates Fed rate cut, but concerns arise over job market support. Recent market turbulence attributed to various factors, including disappo...

Powell holds firm in the face of pressure from both parties. “The Fed isn’t immune to politics, but it’s not subject to them either,” Columbia prof says.

Cooling job market, slowing manufacturing and tumbling stock market lead to big tech sell-offs

Traders anticipate Fed rate cut impact on stocks. Labor market strain and market correction cause concern. US economy shows resilience amidst challenges.

Small-cap stocks are gaining attention, with the Federal Reserve considering rate cuts in September. Hence, now could be the perfect moment to invest in promising growth stocks such as NewLake Capital Partners (NLCP), Immersion Corp. (IMMR), and Power Solutions International (PSIX), which seem to offer impressive upside potential in this…

Fighting words: "We're a non political agency. We don't want to be involved in politics in any way."

September Nasdaq 100 E-Mini futures (NQU24) are up +0.36% this morning as strong quarterly results from Meta Platforms and dovish comments from Federal Reserve Chair Jerome Powell boosted sentiment, while investors awaited a new round of U.S. economic data and earnings reports.