The Latest Breaking News from Jerome Powell

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

Jaguar Land Rover’s disruption following a cyber-attack is hurting manufacturing, while OECD releases latest economic outlook

According to economist Justin Wolfers, Federal Reserve Chair Jerome Powell is stuck in a policy dilemma created by the trade and tariff policies of President Donald Trump.

The S&P 500 is now up 13% year to date and the Nasdaq is up 17%. Meanwhile, the DAX stock market index in Germany is up 19% so far this year.

In 2025, the rising unemployment rate among Americans under 25, specifically recent graduates, has become a significant economic concern. This problem seems to be uniquely American, stemming from a “no hire, no fire” economy, rather than the advent of artificial intelligence (AI).

Markets enter a post-Fed recalibration week as investors digest Wednesday's rate cut decision and begin focusing on the sustainability of recent market leadership amid concerning technical signals.

"The U.S. labor market experience is peculiar," UBS' Paul Donovan wrote in a UBS note asking, "the kids are alright?"

At our Yale Chief Executive Leadership Institute forum, over 100 business leaders said what they really think. They're worried Trump is eroding America’s future.

The Federal Reserve cut interest rates this week. But the aggressive action Trump seeks could dramatically backfire