Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Jerome Powell

The economy added 315,000 jobs, showcasing a labor market that is still strong

U.S. employers added 315,000 jobs in August, while the unemployment rate rose to 3.7% from 3.5% in July. A tight job market gives workers more bargaining power, but it may also fuel inflation.

WEKU

US added 315,000 jobs in August as strong market defies signs of worsening economy

Numbers come as Jerome Powell says Federal Reserve intends to continue interest rate hikes to try to tamp down inflation

The Guardian - US

Why You Can't Trust Friday's Jobs Report, And What It Means For The S&P 500

Recent monthly jobs reports are stretching credulity. Evidence suggests recession may be close at hand.

Investors Business Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

Everyone in Their 30s Should Own These 2 Stocks

The stock market has been down following Fed Chair Jerome Powell’s Jackson Hole speech that signaled continued monetary policy tightening. We think in this current volatile backdrop, people planning their retirement savings in their 30s should invest in fundamentally sound dividend-paying stocks Pfizer (PFE) and Costco (COST). Read more….

StockNews.com

The S&P 500 Has Lost Ground Since Powell's Warning Of 'Pain': What Comes Next?

The S&P 500 index, as well as the components in it, tend to move in streaks both on the upside and downside. Paying attention to a streak in the index may assist investors in the challenging task of catching turns in market momentum.

Benzinga

Fed is hoping August hiring report will show slowdown

Raging inflation has so scrambled the economy that it’s come to this: If Friday’s jobs report for August were to show a significant hiring slowdown, the Federal Reserve — and even the White House — would likely welcome it

The Independent UK

Market Wrap: Tough talk from the US and a BHP stock shock dominate this week’s markets

US markets tumbled this week after the Federal Reserve chair made a hawkish rates speech, while BHP shares dragged down the ASX

The New Daily

Read news from The Economist, FT, and more,
with one subscription

ASX drops sharply, BHP dives on ex-dividend and Wall Street suffers worst August since 2015

Australian shares have fallen sharply to touch their lowest level in five weeks, while mining stocks have declined and major banks have tracked a sell-off on Wall Street.

ABC News

US, European stocks drop amid rate hike fears

New York (AFP) - US and European stock markets slid Wednesday as record-high inflation fanned fears that more interest rate hikes are on their way.

AFP

European Inflation Hits Fresh Record High of 9.1%, Adding to Fed Concerns

European inflation sped to a fresh record high of 9.1% in August, confirming the Fed's reluctance to veer from its rate hike path.

The Street

Asian markets mostly drop as traders eye more monetary tightening

Hong Kong (AFP) - Most Asian markets resumed their downward trend Wednesday, with traders fearing the Federal Reserve's determination to beat inflation with higher interest rates will tip the world's top economy into recession.

AFP

Are Bears Ready to Push Stocks Back to June Lows?

The recent 18% rally for the S&P 500 (SPY) was a flight of fancy. Fed Chairman Powell made sure that message was heard loud and clear from the mountain tops in Jackson Hole. This sets up for an interesting fork in the road where dropping back down the June lows…

StockNews.com

Dow Jones Futures Signal Market Rally Isn't Finished After Key Support Broken

The major indexes undercut key support Tuesday on hot jobs data, while recent breakouts are failing.

Investors Business Daily

3 ETFs to Build Your Retirement Account Around

Federal Reserve Chair Jerome Powell’s recent Jackson Hole speech has warned investors of further monetary policy tightening. With the rising possibility of a recession and high volatility, we think these dividend-paying ETFs, Energy Select Sector SPDR (XLE), SPDR S&P Dividend (SDY), and Vanguard Utilities (VPU), might be ideal for building…

StockNews.com

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Why Lose Money In A Bear Market? These Stocks Are Bucking The Trend In 2022

Contrary to 2021, when equity markets were in a bull run, 2022 has served as a not-so-gentle reminder that the stock market does not give free gifts. The macro attitude that is pushing the markets lower has been influenced by worries about a recession, geopolitical tensions, the energy crisis, and…

AFP

Will take 'a few years' to get US inflation back to 2%: Fed official

Washington (AFP) - The Federal Reserve is committed to bringing soaring US inflation back down to two percent, but that will take "a few years," a top central banker said Tuesday.

Benzinga

How Rising Interest Rates Could Affect These Mortgage REITs

A rising inflation rate has been a drag on the U.S. stock market for much of 2022. The Fed’s recent moves to curb inflation by raising interest rates multiple times may have kept inflation from growing much worse.

AFP

Eurozone equities bounce from Fed-induced sell-off

London (AFP) - Eurozone stocks rebounded Tuesday from recent losses, but London gains were capped as investors played catch-up after a long weekend.

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

US Stock Futures Higher Ahead Of Economic Data, Fed Speakers

Pre-open movers U.S. stock futures traded higher in early pre-market trade as investors digested comments from Federal Reserve Chairman Jerome Powell. Markets closed lower again on Monday, with the Nasdaq Composite dropping around 1% in the previous session.

AFP

Most markets bounce after Powell-induced sell-off

Hong Kong (AFP) - Markets mostly rose Tuesday on bargain-buying following the latest sell-off, but confidence remains at a premium as traders contemplate the prospect of more Federal Reserve interest rate hikes and a possible recession.

Evening Standard

FTSE 100 Live: Miners fall on growth outlook as ‘hawkish’ Fed speech proves stubborn for markets

The fall out from Federal Reserve chair Jerome Powell’s speech at Jackson Hole continues to be felt as US markets fall further.

The Hindu

The U.S. Fed’s long shadow on central banks around the world

Over the weekend the American central bank indicated quicker tightening than expected — this makes emerging market economies, especially low-income ones, vulnerable

AFP

Asian markets mixed as traders steel for more rate hikes

Hong Kong (AFP) - Asian markets were mixed Tuesday with confidence at a premium as traders contemplate the prospect of more Federal Reserve interest rate hikes and a possible recession.

ABC News

ASX recovers as Woodside profit and oil prices surge, but Wall Street sell-off intensifies

Australian shares claw back some of yesterday's heavy losses despite another slump in global markets over the possibility of more aggressive US and European interest rate hikes ahead.

AFP

Stocks extend losses after Fed chief's warning

New York (AFP) - Stocks slid further Monday and the dollar rallied as traders continued to digest US Federal Reserve chief Jerome Powell's warning of more interest rate hikes to fight inflation.

1 … 82 83 84 85

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.