The Latest Breaking News from Jerome Powell

A look at the four variables that will tell us whether the country dodges a recession or becomes mired in stagflation.

Amid macroeconomic headwinds of restrictive monetary policy and tighter credit standards, market volatility is expected to persist. Amid this backdrop, it could be wise to add dividend-paying stocks Canadian Natural Resources (CNQ), Eastman Chemical (EMN), and Whirlpool (WHR) to one’s watchlist. Keep reading.

June S&P 500 futures (ESM23) are down -0.03%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.14% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

June S&P 500 futures (ESM23) are down -0.03%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.01% this morning as market participants continued to monitor U.S. debt-ceiling negotiations while awaiting the release of the Fed’s favorite inflation gauge and the minutes of the Federal Reserve’s latest policy meeting.

Asian shares mostly drifted higher Monday as investors fretted whether the United States government would be able to reach a deal to avoid a federal default

This week's interest rates decision will be a tough one that may yet disappoint mortgaged homeowners and turn NZ back down the path to recession, writes Andrew Patterson.

Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pause interest-rate increases next month, taking command of the policy debate after several officials suggested they wanted to keep hiking.

The major indexes swung lower Friday after lawmakers reached an impasse in debt ceiling negotiations.

Chair Jerome Powell indicated that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it began raising its key rate 14 months ago to fight high inflation