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2 mins read
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Fed chair Jerome Powell said he won't resign even if President-elect Donald Trump asks him to leave…
Ayelet Sheffey
2 mins read
The stock market's Trump honeymoon is turning sour
More than half of the stock market's post-Trump-election rally has been erased.
Filip De Mott
2 mins read
Stock market today: Indexes hover near records ahead of Fed Chair Powell's testimony
Indexes continued to trade near records as investors gear up for Fed Chairman Jerome Powell to spea…
Filip De Mott
2 mins read
US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions
The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…
2 mins read
Berkshire's vice-chair just cut his stake in Buffett's company
Ajit Jain, Berkshire Hathaway vice-chair, just sold half of his company stake. At the end of August…
Lian Kit Wee
2 mins read
The Bitcoin rally does not seem to be stopping anytime soon! Does this spell good news for Indian markets?
Bitcoin surged past $97,000 following Donald Trump's 2024 presidential win, fueled by his pro-crypt…
2 mins read
Ballooning US debt could cause the next financial crisis and neither candidate has a plan to address it, former FDIC Chair says
Policy proposals from both Trump and Harris would add trillions to US debt, which could hurt invest…
Kelly Cloonan
2 mins read
FTC chair Lina Khan explained how Americans lost their privacy protections to Big Tech
FTC Chair Lina Khan said in a "60 Minutes" interview that hundreds of acquisitions by Big Tech play…
Lloyd Lee
1 min read
Stock market today: Tech-heavy Nasdaq pushed higher by Tesla after Friday rout
Looking ahead this week, investors will be laser-focused on Nvidia's earnings report, which is due …
Matthew Fox
2 mins read
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central …
Kelly Cloonan
2 mins read
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week wer…
Kelly Cloonan
2 mins read
Stock market today: Indexes end the week at records as investors cheer Trump's victory
Stocks closed at a record high on Friday, with the S&P 500, Dow Jones, and Nasdaq 100 all notching …
Matthew Fox
2 mins read
What can you expect from the US Fed meeting later this week? Here's all you need to know
The US Federal Reserve is widely expected to cut interest rates by 0.25% on Thursday, following a l…
1 min read
Stock market today: Indexes tumble after Fed comments dent December rate-cut odds
Stock indexes retreated as investors digested comments that the Fed is in no hurry to reduce intere…
Filip De Mott
5 mins read
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise conce…
Dan DeFrancesco
2 mins read
Stock market today: Stocks extend post-election rally as the Fed cuts interest rates
The S&P 500 and the Nasdaq jumped to a fresh record high on Thursday after the Fed delivered a 25 b…
Kelly Cloonan
2 mins read
One market's reaction to Trump's win shows the economy might not get the immediate relief many hope for
Bond yields soared Wednesday as markets saw a possibility that monetary policy might remain tight …
Matthew Fox
2 mins read
Stock market today: Stocks end lower as markets brace for Powell's Jackson Hole speech
Indexes fell Thursday as investors wait for comments on rate cuts and the economy from Jerome Powel…