The Latest Breaking News from Jerome Powell

“I am not concerned that, at this moment, we are in a recession,” Claudia Sahm told Fortune, adding that “no one should be in panic mode today, though it appears some might be.”

Senator Elizabeth Warren criticizes the Federal Reserve's delay in interest rate cuts, highlighting potential harm to the economy and job growth.

Powell holds firm in the face of pressure from both parties. “The Fed isn’t immune to politics, but it’s not subject to them either,” Columbia prof says.

Cooling job market, slowing manufacturing and tumbling stock market lead to big tech sell-offs

Traders anticipate Fed rate cut impact on stocks. Labor market strain and market correction cause concern. US economy shows resilience amidst challenges.

Small-cap stocks are gaining attention, with the Federal Reserve considering rate cuts in September. Hence, now could be the perfect moment to invest in promising growth stocks such as NewLake Capital Partners (NLCP), Immersion Corp. (IMMR), and Power Solutions International (PSIX), which seem to offer impressive upside potential in this…

Fighting words: "We're a non political agency. We don't want to be involved in politics in any way."

September Nasdaq 100 E-Mini futures (NQU24) are up +0.36% this morning as strong quarterly results from Meta Platforms and dovish comments from Federal Reserve Chair Jerome Powell boosted sentiment, while investors awaited a new round of U.S. economic data and earnings reports.

Japan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon