The Latest Breaking News from Jerome Powell

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy

The Independent UK · Oct 14, 2025

Goldman economists on the Gen Z hiring nightmare: ‘Jobless growth’ is probably the new normal

“History also suggests that the full consequences of AI for the labor market might not become apparent until a recession hits.”

Fortune · Oct 14, 2025

Stock Index Futures Plunge as China Retaliates in U.S. Trade War, Powell’s Speech and Big Bank Earnings Awaited

December S&P 500 E-Mini futures (ESZ25) are down -1.18%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -1.65% this morning as sentiment weakened after China hit back at the U.S. on shipping.

Barchart · Oct 14, 2025

Tom Lee Sees 'Powerful Tailwinds' Despite Goverment Shutdown, Calls Current Scenario 'The Most Hated V-Shaped Rally'

Fundstrat’s Tom Lee has expressed optimism about the U.S. economy despite the ongoing government shutdown, citing two key factors that could drive investor confidence.

Benzinga · Oct 7, 2025

Trump's Tariffs And 'Dumb Policies' Are Hurting Business Demand, Says Anthony Scaramucci: Consumers Are 'Sheltering In Place'

Former White House Communications Director Anthony Scaramucci criticized President Donald Trump’s trade and tariff policies, blaming them for rising inflation, along with the slowdown in business and consumer demand.

Benzinga · Oct 7, 2025

Is Meta Stock a Buy or a Sell as ‘AI Bubble’ Chatter Grows?

Observers are cautioning about a possible bubble in AI. Is Meta stock a buy or a sell as the stock trades above its historical valuations on optimism over its AI business?

Barchart · Oct 6, 2025

Government Shutdown, OpenAI Conference and Other Can't Miss Items this Week

Markets face a week of critical catalysts including the ongoing US government shutdown impacting federal operations, Tesla's (TSLA) Full Self-Driving v14 release Monday, OpenAI's developer conference showcasing AI advancement, and Friday's September jobs report.

Barchart · Oct 5, 2025

Dot-Com Bubble Clone Or Bull Market? Get Ready For 1999-Style Market Melt-Up, Warns Fidelity's Timmer As He Notes 'Juicy' Similarities

The current AI-driven market boom bears “juicy” resemblances to the exuberant run-up of the late 1990s dot-com era, according to Jurrien Timmer, Director of Global Macro at Fidelity Investments.

Benzinga · Oct 3, 2025

The Gen Z hiring nightmare is real, but AI is a ‘lightning strike’ not a ‘house fire,’ Yale economist says

Stanford made waves with a paper saying AI is having a “significant” impact on entry-level jobs. Not so fast, Yale’s Martha Gimbel told Fortune.

Fortune · Oct 2, 2025

The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top analyst says

“The consensus has been wrong since January,” Apollo Global Management chief economist Torsten Sløk wrote on Wednesday.

Fortune · Oct 1, 2025