The Latest Breaking News from Jerome Powell

September S&P 500 futures (ESU23) are up +0.18%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.26% this morning as market participants looked ahead to the release of the Fed’s favorite inflation gauge while also awaiting Friday’s nonfarm payrolls report.

Asian shares are trading mostly higher, as investors felt relief from the head of the Federal Reserve indicating it will “proceed carefully” on interest rates

Business & Investing: Kiwi dollar falls to US 59 cents as the Federal Reserve chief Jerome Powell promises to renew his historic inflation fight. Andrew Patterson reports.

While we shouldn’t read too much into the Brics expansion, the geopolitical landscape is shifting

As the world has become increasingly interconnected, the global financial markets offer many opportunities for savvy traders. One such opportunity lies in the Euro currency as it aimlessly muddles, attempting to find direction. Can a small window seasonal pattern provide a trade in the Euro currency?

Dow Jones futures: Despite Thursday's ugly reversal, the market rally attempt is still fighting. Nvidia, Tesla lead stocks to watch.

Stocks popped then dropped after the Fed chair warned that more rate hikes could come down the pike, but then stabilized into the close.

The central bank remains committed to reaching its 2% inflation target.

The Fed chair’s “long way to go” concept is wrongheaded, because at the current clip, inflation is already running near the Fed’s target, say two top economists.

The Dow Jones reversed after Fed Chief Powell indicated a firm but careful stance toward rate hikes. Retail results were mixed. Salesforce's earnings report looms.

Early in Friday trading, more stocks are up on the NYSE and Nasdaq than down, with Nvidia still leading the charge. Sea is leading the way when it comes to unusual call option activity. Two others have caught my eye.