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The Latest Breaking News from Jerome Powell

DOJ Official Admits No Evidence Against Jerome Powell Found Prior to Launching Probe: Report

The Justice Department admitted to a federal judge that they had no evidence of criminal wrongdoing, but were investigating Fed Chair Jerome Powell anyway

International Business Times

The Top High-Yield Dividend Stock to Buy Now for Oil Price Protection

As the situation remains tense, this high dividend-paying consumer staple company can be a prudent choice for investors.

Barchart

Prosecutor conceded lack of criminal evidence in Federal Reserve investigation, transcript shows

Newly released court records indicate the Justice Department's investigation of a $2.5 billion renovation project at the Federal Reserve didn’t find any evidence of a crime before a judge quashed government subpoenas, dealing a severe blow to the probe

The Independent UK

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Stock Index Futures Rally as Oil Prices Tumble on U.S.-Iran Talks

June S&P 500 E-Mini futures (ESM26) are up +1.53%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.57% this morning, pointing to a sharply higher open on Wall Street as sentiment got a boost after U.S. President Donald Trump said the U.S. and Iran had “very good” conversations about…

Barchart

AI may be helping more people start their own businesses, but without many employees

The cofounders of one startup said they are bringing in $1 million per month with 13 employees thanks to AI.

Fortune

The Strait of Hormuz is the fourth large supply shock this decade. Welcome to the new era of global disorder

The Fed keeps calling these events bad luck. They aren't.

Fortune

Judges and Justices Should Be Independent, Trump Says, As Long As They Side With Him

The president says federal courts should not make decisions based on partisan considerations unless it benefits him.

Reason

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Economists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the 'K-shaped economy'

What was a niche argument about five years ago is suddenly everywhere you look, and it’s taking on the shape of a letter with two jagged edges.

Fortune

Jumbo CD vs High-Yield Savings: Which is the Best Place to Store $100k?

If you're looking to stash some cash away in a less risky venture, I'll break down two of the best accounts to consider.

Kiplinger

The next time the Fed moves, it'll be to hike according to one economist—whether or not Trump gets his new Fed chair

"We see the next policy move as a hike with the most likely timing in 1H27," wrote David Doyle.

Fortune

Trump claims strict voter ID act should be ‘easy pass’ but says ‘we need Democrat votes’ – as it happened

This live blog is now closed.

The Guardian - US

Fed Chair Jerome Powell Says He Has "No Intention" of Resigning Until Trump Investigation is Finished

Federal Reserve Chair Jerome Powell stated that he has "no intention" of stepping down from his position until the federal investigation into him launched by the Trump administration has finished.

International Business Times

Fed Chair Jerome Powell says U.S. economy is ‘amazing’—but admits ‘we just don’t know’ as inflation, jobs, and oil shocks cloud the outlook

Jerome Powell said “don’t know” 17 times during the conference as he praised the economy’s resilience—but flagged rising inflation, stalled job growth, and an unpredictable oil shock from Iran.

Fortune

'A month ago, no one would have believed this': June Fed rate hike odds just surpassed rate cut odds as stagflation fears grow

The Atlanta Fed’s Market Probability Tracker places the odds of a rate hike at about 15% within the next three months.

Fortune

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Fortune

Jerome Powell says you're right to blame data centers for making your bills more expensive: 'probably pushing inflation up'

Electricity prices due to the investment into AI could spike, analysts have warned.

Fortune

Trump started a battle with Jerome Powell, but the Fed chairman is winning the war: He won't leave until probe is 'well and truly over'

"If my successor is not confirmed by the end of my term as chair, I would serve as chair until he is confirmed. That is what the law calls for."

Barchart

Stocks Slip Before the Open as Oil Prices Advance, U.S. Economic Data and FedEx Earnings on Tap

March S&P 500 E-Mini futures (ESH26) are down -0.18%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.27% this morning as oil prices continued to rise amid escalating fighting in the Middle East.

International Business Times UK

Fed Keeps Rates Steady as Powell Warns Iran Oil Shock Could Boost Inflation in 2026

The Fed's decision to hold rates steady amid rising Iran oil prices impacts the economy. Explore the 2026 inflation forecast, FOMC divisions, and the effects of prolonged high borrowing costs on households.

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news in one place.

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The Independent UK

Almost half of all Americans fear a ‘total economic collapse’ in the next 10 years, new poll shows

Many respondents believe the US economy is already in dire straits, the poll found

AAP

Aussie shares plunge, oil prices spike as war escalates

The Australian stock market has fallen to its lowest level since November, with heavy losses for goldminers as the yellow metal fell to $US4,850.

Kiplinger

Dow Slides 768 Points on Inflation Fears: Stock Market Today

Nobody knows what's going to happen in the Middle East, including the White House and the Federal Reserve.

Fortune

Jerome Powell says this economy isn't as miserable as the 1970s, but 'maybe that's just me'

The Fed chair was asked about stagflation fears but warned that repeated shocks—from tariffs to Iran—could begin to unanchor inflation expectations

Axios

Fed keeps rates on hold, Powell says he will remain in place until successor confirmed

The Iran war's oil shock is creating uncertainty for Fed policymakers.

Fortune

The Fed holds rates steady and punts on the Middle East: 'uncertain'

The infamous dot-plot shows sharper-than-ever divisions between Fed officials.

Barchart

Hot U.S. PPI Reading Smacks Gold, Silver Prices. What’s Coming Next?

Investors will be closely following a press conference later today from Fed Chair Jerome Powell.

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