Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Jerome Powell

Fed chair Powell hints at 2 more rate hikes to cool US inflation

MADRID: Federal Reserve chair Jerome Powell said at least two interest-rate increases are likely necessary this year to bring the inflation rate down to the US central bank’s 2% target and that acting at consecutive policy meetings isn’t “off the table.”

The Times of India

Stocks Climb Before the Open as Investors Await Key U.S. GDP Data, Nike Earnings on Tap

September S&P 500 futures (ESU23) are up +0.24%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.27% this morning after three major U.S. benchmark indices ended the regular session mixed as investors weighed Fed Chair Jerome Powell’s hawkish signals, while bracing for another round of economic data.

Barchart

Stocks Move Higher Before the Open as Investors Await Key U.S. GDP Data, Nike Earnings on Tap

September S&P 500 futures (ESU23) are up +0.13%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.16% this morning after three major U.S. benchmark indices ended the regular session mixed as investors weighed Fed Chair Jerome Powell’s hawkish signals, while bracing for another round of economic data.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Federal Reserve may tighten financial rules after US bank failures, Powell says

Federal Reserve Chair Jerome Powell says the central bank may have to tighten its oversight of the American financial system after the failure of three large U.S. banks this spring

The Independent UK

Biden leans into 'Bidenomics' to boost his economic message ahead of 2024

WASHINGTON — President Biden launched a new push Wednesday to sell his economic agenda and convince skeptical voters that the economy is thriving under his watch, showcasing a message that White House officials see as critical to his 2024 election prospects.

Los Angeles Times

Stock Market Today: Nasdaq Ekes Out a Win Despite Chip Stock Weakness

Semiconductor stocks lagged after media reports said the Biden administration is considering more restrictions on chip sales to China.

Kiplinger

Powell signals Fed open to two straight hikes at coming meetings

Federal Reserve Chair Jerome Powell signaled policymakers could potentially raise interest rates in July and September to curb persistent price pressures and cool a surprisingly resilient U.S. labor market.

Tribune News Service

Read news from The Economist, FT, and more,
with one subscription

Top central bankers assert need for higher interest rates to tackle persistent inflation

Several of the world's top central bankers got together, and their message was clear: interest rates could go even higher to combat inflation

The Independent UK

S&P Futures Tick Lower Ahead of Powell Speech, Chip War Heats Up

September S&P 500 futures (ESU23) are trending down -0.15% this morning as a report on potential new restrictions on the export of artificial intelligence chips to China weighed on sentiment, while investors awaited a speech from Fed Chair Jerome Powell for fresh clues on the future direction of U.S. monetary…

Barchart

S&P Futures Tick Lower Ahead of Powell Speech, Micron Earnings on Tap

September S&P 500 futures (ESU23) are trending down -0.14% this morning as market participants awaited a speech from Fed Chair Jerome Powell for fresh clues on the future direction of U.S. monetary policy.

Barchart

Jerome Powell promised a housing market 'reset'. Is it actually happening?

On Tuesday, U.S. house prices as tracked by Case-Shiller went negative on a year-over-year basis for the first time since 2012. However, it comes as month-over-month prices are rising again.

Fortune

Rep. Khanna Questions Fed’s 2% Inflation Target Amid Calls For Re-evaluation

As the inflation rate sits above 4%, Khanna asks why not set the target at 3% to address modern needs.

Zenger

Stocks Set to Open Lower as Investors Await Key U.S. Inflation Data, Powell Speech

September S&P 500 futures (ESU23) are down -0.12%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.22% this morning as market participants looked ahead to the release of the Fed’s favorite inflation gauge while awaiting a speech from Fed Chair Jerome Powell.

Barchart

Wagner Effect: Gold Climbs On Russia’s Internal Chaos, Soft Dollar

‌Spot gold traded 0.2% higher at $1,925 per ounce during Monday afternoon’s Asian trading session.

Zenger

Get all your
news in one place.

100's of premium titles.
One news app.

Newsroom.co.nz

Immigration isn't driving inflation, new report concludes

Business and investing: Hawkish central banks keep investors on edge; ERoad takeover offer sends share price rocketing; Bitcoin arises from its slumber. Andrew Patterson reports.

StockNews.com

3 Growth Stocks to Watch in June

The Fed’s aggressive rate hike stance has tampered with optimistic investors’ sentiments. Given the associated market volatilities, unlikely to diminish anytime soon, quality growth stocks The Sherwin-Williams Company (SHW), SMART Global Holdings (SGH), and Steelcase (SCS) could be sound watchlist additions in June. Read on….

Roll Call

Ripple effects — Congressional Hits and Misses - Roll Call

This week’s Hits and Misses include Fed Chairman Jerome Powell’s Grateful Dead revelation, House GOP censuring Rep. Adam B. Schiff and more.

StockNews.com

3 Momentum Stocks to Start Watching

The Fed’s multiple rate hikes to curb the stubbornly high inflation have led to heightened recessionary fears. Despite the uncertainties, fundamentally strong stocks ASML Holding (ASML), ASSA ABLOY (ASAZY), and Banco BBVA Argentina (BBAR) have gained momentum and could be worth adding to your watchlists. Read more.

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Stock Index Futures Plunge as Economic Outlook Darkens, PMI Data in Focus

September S&P 500 futures (ESU23) are down -0.49%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.64% this morning as a series of interest rate hikes by central banks intensified fears of a global economic downturn.

The Independent UK

Stock market today: Asian shares sink as central banks crank interest rates still higher

Asian shares have fallen sharply after several central banks around the world cranked interest rates higher in their fight against inflation

Kiplinger

Stock Market Today: Stocks Close Mixed as Central Banks Raise Rates

Two of the three major benchmarks notched gains Thursday despite hawkish commentary at home and rate hikes abroad.

Fortune

Billionaire CEO Barry Sternlicht admits he was 'a little early' with his recession calls. 'I did not understand the strength of the consumer'

The head of Starwood Capital Group said it all comes down to the labor market. “People are employed and when people are employed, they spend money.”

StockNews.com

Are these 3 Stocks the Best for Stability this Week?

While inflation exhibits signs of cooling, it still exceeds the Fed’s 2% goal. Given the possibility of additional rate hikes and an economic slowdown, it could be wise to seek refuge in relatively stable stocks to help weather the economic uncertainty. So, let’s find out if Ingredion (INGR), PC Connection…

The Independent UK

Fed's Powell reinforces likelihood of more rate hikes because of persistently high inflation

Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market

Barchart

Recession Watchers Must Check Out Tanger Factory Outlet (SKT) For Clues

With the equities market printing three straight down days, investors should put Tanger Factory Outlet on their watch list for clues about a possible incoming recession.

1 … 102 103 104 105

People

Sristi Suman JayaswalThe

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Wall Street Journal

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.