The Latest Breaking News from Jerome Powell

Plug Power Inc (NASDAQ:PLUG) shares are trading lower Wednesday afternoon, extending a pullback from the previous session amid a broader market downturn. The stock is being caught in a risk-off mood that swept Wall Street after cautionary remarks from Federal Reserve Chair Jerome Powell, which particularly pressured technology and growth…

In the U.S., federal age-bias protections under the Age Discrimination in Employment Act begin at 40, which leaves Gen Z in a legal blind spot.

Investors are wary of any sign that the Fed thinks “irrational exuberance”—as former Fed chair Alan Greenspan once called it—has kicked in.

December Nasdaq 100 E-Mini futures (NQZ25) are trending up +0.30% this morning as optimism over artificial intelligence was reinforced by Alibaba’s pledge to boost spending and an upbeat forecast from Micron Technology.

Powell is nearing the end of a tumultuous second term.

Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.

Venture capitalist Chamath Palihapitiya sounded the alarm this week, arguing that young Americans face a convergence of financial and cultural crises that could leave them vulnerable to the grip of social media algorithms.

Amid growing speculation about a potential market bubble, Federal Reserve Chair Jerome Powell acknowledged that “by many measures… equity prices are fairly highly valued”. His comments on Tuesday came as multiple key valuation metrics reached levels not seen since the dot-com crash.

Asian shares are mostly declining, following a drop on Wall Street, as Federal Reserve Chair Jerome Powell said that stock prices were “fairly highly valued.”