The Latest Breaking News from Jerome Powell

We expect the SET Index to move higher in September. On the external front, we believe investors have digested the prospect of more rate hikes from the US Federal Reserve and thus expect a limited impact from the next upward move, given the hawkish signals sent recently by Fed chairman…

Buckle up for recession and Dow Jones turbulence: The Federal Reserve is risking a hard landing for the U.S. economy to address chronic labor and housing shortages.

The jobs report showed a surge in labor force participation, but it's not the start of a trend.

The government reported Friday that the economy added 315,000 jobs last month, down from 526,000 in July

U.S. employers added 315,000 jobs in August, while the unemployment rate rose to 3.7% from 3.5% in July. A tight job market gives workers more bargaining power, but it may also fuel inflation.

Numbers come as Jerome Powell says Federal Reserve intends to continue interest rate hikes to try to tamp down inflation

Recent monthly jobs reports are stretching credulity. Evidence suggests recession may be close at hand.

The stock market has been down following Fed Chair Jerome Powell’s Jackson Hole speech that signaled continued monetary policy tightening. We think in this current volatile backdrop, people planning their retirement savings in their 30s should invest in fundamentally sound dividend-paying stocks Pfizer (PFE) and Costco (COST). Read more….

The S&P 500 index, as well as the components in it, tend to move in streaks both on the upside and downside. Paying attention to a streak in the index may assist investors in the challenging task of catching turns in market momentum.

Raging inflation has so scrambled the economy that it’s come to this: If Friday’s jobs report for August were to show a significant hiring slowdown, the Federal Reserve — and even the White House — would likely welcome it

US markets tumbled this week after the Federal Reserve chair made a hawkish rates speech, while BHP shares dragged down the ASX