Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...
Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink
U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve ...
Stocks Fall as Wall Street’s Election Enthusiasm Subsides
The post-election rally has lost steam, with the S&P 500 down 2 percent for the week. But major stock indexes are still up since Election Day.
Dollar notches weekly gain as traders reassess rate cut expectations
Sterling was on track for its steepest weekly fall since January 2023, at roughly 2.4%. It was last down 0.38% at $1.2620. The pound showed little reaction to data showing Britain's economy contracted ...
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Why Amazon (AMZN) Stock Is Down Today
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.5% in the morning session after the major indices declined, with the Nasdaq down 1.9%, while the S&P fell 1.12% as ...
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Stock market today: Dow, S&P 500, Nasdaq sink as post-election rally fades, Fed prompts rate-cut rethink
Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies starts to wear off. The S&P has already reversed one-third of its ...
Will Trump fire Fed chair Jerome Powell?
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.
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Stock market today: Dow, S&P 500, Nasdaq tumble as traders trim rate-cut bets
Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies starts to wear off. The S&P has already reversed one-third of its ...
Bitcoin speculative fervor cools, traders await next Trump steps
The largest digital asset slid below $87,000 at one point on Friday after Federal Reserve Chair Jerome Powell said there was ...
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US import prices unexpectedly rise in October
Import prices rebounded 0.3% last month after an unrevised 0.4% decline in September, the Labor Department's Bureau of Labor ...
October retail sales top estimates, September spending revised sharply higher
October sales, excluding auto and gas, rose just 0.1%, below consensus estimates for a 0.3% increase. The control group in Tuesday's release, which excludes several volatile categories and factors ...