The Latest Breaking News from Jerome Powell

The S&P 500 is on pace for a solid quarterly gain heading into the final week of September.

"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically a joyous cut as ebbing inflation allows the Fed to act to preserve a strong labor market."

If the Fed does fail to achieve a “soft-landing,” Nvidia, Tesla and others can be viewed as a potential defensive play for investors.

The stock market ultimately jumped on a big Fed rate cut, with the S&P 500 and Dow Jones hitting record highs. Apple and Intel were key movers.

Unemployment claims in the U.S. dropped in 4th-month low, which signals better conditions in the job market.

President Biden discusses the Federal Reserve's rate cut, critiques Trump's economic policies, and emphasizes economic recovery in a speech at the Economic...

“This is not something that the Fed can really fix,” he said after delivering a historic rate cut.

Money versus job satisfaction. It is the perennial professional quandary, but there may in fact be one exception: central banking. Jerome Powell, chair of the US Federal Reserve, earns $190,000 per year for the privilege of overseeing the greatest economy the world has ever seen. I'm not saying the job…

Western investors, through physical ETFs, are finally joining the global gold rush led by central banks, Asian investors, and wealthy investors. Holdings of physically backed gold ETFs have risen by 90.4 tons, equivalent to $7.3 billion, since May, according to data from the World Gold Council, and GLD holdings expanded…

Are we looking at a recession, or soft landing? Either way, a rate-cutting environment has big implications for your stocks, bonds, and savings.

If a week is a long time in politics, a summer is a geological age for the Fed.