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

The housing market recession is 'over’ in the new home space, top economist Ali Wolf says, but she's hesitant on what comes next

"Home sales are rising, starts are rising, and home prices are rising again," Wolf tells Fortune. "The big question is – is that it?"

Fortune

Patrick McHenry wants to end the crypto quagmire in Congress

The powerful House Financial Services Committee is set to vote on legislation in July.

Fortune

Stocks Slip Before the Open as Powell’s Hawkish Testimony Weighs on Sentiment, BoE Decision in Focus

September S&P 500 futures (ESU23) are down -0.19%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.29% this morning after three major U.S. benchmark indices ended the regular session lower as market participants digested a renewed warning issued by Federal Reserve Chair Jerome Powell, emphasizing the necessity of further…

Barchart

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

Stock Market Today: Markets Slide as Powell Warns of Higher Rates

Equities turned lower as the Fed chief delivered a hawkish semi-annual report to Congress.

Kiplinger

The Top 3 Growth Stocks to Add to Your Portfolio Today

In the current market backdrop, where the Federal Reserve is expected to continue raising interest rates, investing in growth stocks can help weather the storm. Fundamentally sound growth stocks such as Expedia Group (EXPE), Extreme Networks (EXTR), and FutureFuel Corp. (FF) could be wise additions to your portfolio. Read on….

StockNews.com

Watch live as Federal Reserve chair gives testimony to US House on economic situation

Watch live as Federal Reserve chair Jerome Powell delivers his semiannual monetary policy testimony to the US House financial services committee.

The Independent UK

Fed chair expects interest rates will increase "somewhat further" this year

He is expected to tell lawmakers that there is still "a long way to go" to cool inflation.

Axios

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

S&P Futures Tick Higher Ahead of Powell Testimony

September S&P 500 futures (ESU23) are trending up +0.07% this morning after three major U.S. benchmark indices finished the regular session lower as market participants weighed China’s outlook while bracing for Federal Reserve Chairman Jerome Powell’s congressional testimony.

Barchart

S&P Futures Tick Lower Ahead of Powell Testimony

September S&P 500 futures (ESU23) are trending down -0.06% this morning after three major U.S. benchmark indices finished the regular session lower as market participants weighed China’s outlook while bracing for Federal Reserve Chairman Jerome Powell’s congressional testimony.

Barchart

Powell To Face Congress Amid Criticism Over Fed’s Policy Stance

Questions on interest rates, banking regulation, and inflation to be raised during Powell's testimony.

Zenger

Powell to face Capitol Hill hearing at a time of rising uncertainty over Fed's interest-rate plans

Federal Reserve Chair Jerome Powell will begin two days of hearings before Congress on Wednesday that will likely focus on the question that consumed the central bank last week: How far and how fast will the Fed raise its key interest rate from here

The Independent UK

Stock Market Today: Stocks Close Lower Ahead of Powell Testimony

Energy stocks were some of Tuesday's biggest decliners, while Alibaba slid on a C-suite shake-up.

Kiplinger

Powell faces tricky task of explaining rate pause in Congress

Federal Reserve Chair Jerome Powell will have an opportunity this week to clarify what many found a confusing message on the path of interest rates, with the added task of assuring Democrats and Republicans the economy is on track.

Tribune News Service

Stocks Set to Open Lower as Investors Await Powell Testimony, China’s Rate Cut Disappoints

September S&P 500 futures (ESU23) are down -0.48%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.53% this morning as concerns over the Chinese economy weighed on risk appetite, while investors looked ahead to testimony from Federal Reserve Chair Jerome Powell for more cues on the U.S. central bank’s…

Barchart

Get all your
news in one place.

100's of premium titles.
One news app.

Kiplinger

Stock Market Today: Nasdaq Nabs Longest Weekly Win Streak Since 2019

A busy week closed out on a quiet note, with the major indexes making relatively modest moves Friday.

Fortune

2 top economists both hate the Fed’s ‘inexplicable’ and ‘crazy’ signaling on rate hikes—but for totally different reasons

Two top economists agree that inflation is already conquered, and that by continuing the big squeeze, the Fed will likely drive the U.S. into an unnecessary, and possibly steep, recession.

Zenger

Deflation Pushes Producer Prices To 28-Month Lows Ahead Of Fed’s Interest Rate Decision

The PPI print follows the May consumer price index (CPI) reading, which came in lower than expected.

The Guardian - UK

ECB raises interest rates by quarter of a point to tame inflation

Move marks eighth successive rise, highlighting struggle to cool price rises amid juddering growth

Get all your
news in one place.

100's of premium titles.
One news app.

Tribune News Service

Bankrate: What the Fed’s June rate pause means for homebuyers and sellers

The Federal Reserve is taking a break from its war on inflation. After raising rates 10 times in 10 meetings in 2022 and 2023, the central bank made no change during its latest meeting. Fed Chairman Jerome Powell announced no further increase in the federal funds rate on June 14…

Barchart

Stocks Slip Before the Open as Hawkish Fed Outlook Weighs on Sentiment, ECB Decision in Focus

June S&P 500 futures (ESM23) are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.57% this morning after three major U.S. benchmark indices finished the regular session mixed as hawkish signals from the Federal Reserve weighed on sentiment, while investors also awaited key U.S. retail sales data.

Axios

The Fed grows confident its Goldilocks economy might come true

The U.S. may not have to sacrifice the economic gains achieved in the pandemic recovery.

The Independent UK

Stock market today: Asia shares mixed after Fed holds rates steady and hints of hikes ahead

Asian trading is mixed after the Federal Reserve held interest rates steady

Tribune News Service

Powell says nearly all Fed officials expect ‘some’ additional rate increases

WASHINGTON — Federal Reserve officials paused on Wednesday following 15 months of interest-rate hikes but signaled they would likely resume tightening at some point to cool inflation.

Bangkok Post

Fed pauses interest rate hikes but signals more tightening ahead

WASHINGTON: The United States Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating a sharp increase could be needed before the end of the year.

Fortune

Jerome Powell admits that some banks are in trouble with their commercial real estate holdings: 'We do expect that there will be losses'

“There will be banks that have concentrations, and those banks will experience larger losses,” Powell told reporters on Wednesday.

1 … 103 104 105 106

People

Leo Schwartzleoschwartzfortunecomleomschwartz

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

Organisations

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

Topics

Places

Fourteen days free

Download the app

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