The Latest Breaking News from Jerome Powell

When Federal Reserve members talk, investors listen. Some Fed members understandably tend to move the stock market more than others.

Chair Jerome Powell isn’t as pleased with the robust U.S. job market as you might think he’d be, and he and the Federal Reserve plan to do something about it: Take it down a notch

Rates markets crossed two significant thresholds this week. One is that traders for the first time see the Federal Reserve raising its target interest rate by a half-percentage point in each of the next three meetings, in May, June and July, which would mark the biggest such increases since 2000.…

Stock futures extend slide as hawkish Powell ignites rate rally; Twitter shares higher on report Musk may team-up with Thoma Bravo; Gap shares plunge as group loses Old Navy exec, slashes sales forecast; Snap sees inflation, supply chains hitting Q2 ad revenues and Disney set to lose self-governing status in…