Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Jerome Powell

History turns full circle as G7 alarm bells ring over energy once again

First meeting in 1975 grappled with the oil shock – now it is Russia’s war in Ukraine creating angst

The Guardian - UK

Stock Market Closes Higher, Snapping 3-Week Losing Streak; FedEx, Salesforce Lead Gains

The stock market closed higher Friday, snapping a 3-week losing streak on new data pointed to a slowing economy.

Investors Business Daily

Stocks Rebound From 2022 Lows As Market Digests Fed Chair Powell's Congressional Testimony

The SPDR S&P 500 ETF Trust (NYSE: SPY) bounced back from its recent weakness in a holiday-shortened trading week, with all major indexes trading higher.

Benzinga

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

Stock Market Rallies As Fed Chief Powell Vows 'Unconditional' Inflation Fight: Weekly Review

The stock market rebounded this week as Fed chief Jerome Powell vowed an aggressive inflation fight. Treasury yields retreated.

Investors Business Daily

Remote work could save firms $206 billion and ease pressure on the Fed

The rise of remote work could make the Federal Reserve’s task of taming inflation a bit easier, while saving employers more than $200 billion, according to new research.

Tribune News Service

Stock Market Today-6/24: Dow Surges 800 Points As 'Relief Rally' Defies Global Growth Concerns

Stocks finished sharply higher Friday as investors rode a so-called 'relief rally' while re-setting other market prices for a near-term recession.

The Street

Stocks Higher, Bank Stress Tests, FedEx, Gas Prices and Arm Listing - Five Things To Know

Stock futures higher but growth concerns linger; U.S. banks pass Fed stress tests, paving way for dividend boost; FedEx shares jump after Q4 earnings beat, solid 2023 outlook; Gas prices slide as White House meets with oil bosses and Softbank's son says Arm likely to list on the Nasdaq

The Street

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

Core inflation may have peaked, but still well-above Fed’s target

The high price of gasoline doesn’t really matter to the Federal Reserve’s fight against inflation.

Miami Herald

Should we raise unemployment to fight inflation? No, we need to protect jobs no matter what

If economic history teaches us anything, it's that when times get tough, working men and women get targets painted on their back.

Los Angeles Times

Asian shares gain as investors shrug off downbeat data

Shares are higher in Asia despite data suggesting economies are slowing

The Independent UK

Why Alibaba, Nio, Chinese Peers Are Trading Higher in Hong Kong Today

Shares of major U.S.-listed Chinese companies inched higher in Hong Kong on Friday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), Baidu Inc (NASDAQ:

Benzinga

Dow Jones Futures Rise After Nasdaq Leads Uneven Market Rally

The Nasdaq rose strongly Thursday, but is this would-be bull just messing with investors?

Investors Business Daily

Powell: Fed must convince public it can tame inflation

As if their job weren’t hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days than decide just how much to raise interest rates without triggering a recession

The Independent UK

What Fed Chairman Powell sees for the housing market

The fate of the housing boom is on the minds of both homeowners and homebuyers these days. Will record home values lead to a crash reminiscent of the one that made the Great Recession so painful? Or will prices simply take a breather from their torrid pace of appreciation?

Tribune News Service

Get all your
news in one place.

100’s of premium titles.
One news app.

AFP

Fed chief says pandemic aid not primary driver of US inflation

Washington (AFP) - Federal Reserve Chair Jerome Powell on Thursday downplayed the idea that government pandemic aid was the key factor fueling US inflation, instead blaming a confluence of global issues including the war in Ukraine.

Benzinga

Jerome Powell Says The Fed Underestimated Inflation: Here's Where The Central Bank Went Wrong

The Federal Reserve has taken some heat for moving too slow to cool inflation. Fed Chair Jerome Powell looked back on what went wrong Thursday during the second day of a congressionally mandated semiannual report on monetary policy.

Investors Business Daily

Stock Market Gains As Powell Continues Testimony; Health Care Stocks Outperform

The stock market gained as low jobless claims numbers pointed to a tight job market in spite of ongoing recession fears.

Benzinga

Powell thinks rate hikes alone will not slow down gas prices

Get all your
news in one place.

100’s of premium titles.
One news app.

Investors Business Daily

Stock Market Climbs As Economic Data Shows Slowing Economy, Cooling Prices; Powell Set To Speak Again

S&P Global purchasing managers index for June showed a drop to 51.2 in June from 53.6 in May.

Benzinga

Coffee And Crypto: The First Short Bitcoin ETF Has Arrived

The worldwide cryptocurrency market capitalization is at $912.7 billion Thursday, up from $893.8 billion on Wednesday morning. An ETF For Shorting Bitcoin: Bearish on Bitcoin? ProShares has you covered.

The New Daily

Recession fears and high inflation top this week’s big market events

Federal Reserve chair Jerome Powell has acknowledged that steep interest rate hikes could tip the US economy into recession.

The Street

Stock Market Today - 6/23: Stocks Close Higher; Oil, Treasury Yields Retreat Amid Recession Risk

U.S. stocks, on pace for their worst first have performance in more than 50 years, look set to edge higher Thursday despite looming concern for a near-term recession.

Benzinga

'Putin's Price Hike?' Fed Chair Powell Doesn't Seem To Be Onboard With Joe Biden's Narrative

Joe Biden has often attributed hikes in the price of gas and food to Vladimir Putin's invasion of Ukraine, but Federal Reserve Chair Jerome Powell broke away from the U.S. President's narrative at his Congressional appearance.

The Street

Stocks Higher, Elon Musk, Warren Buffett, JPMorgan And FedEx - Five Things to Know

Stock futures bump higher, growth worries hit oil, treasury yields; Elon Musk says Tesla factories 'gigantic money furnaces'; Occidental shares edge higher as Buffett adds to stake; JPMorgan cuts mortgage jobs as housing market cools and FedEx shares edge lower ahead of Q4 earnings.

Asharq Al-Awsat

Markets Fluctuate, Oil Falls again as Recession Warnings Build

Asian markets struggled Thursday to recover from the previous day's battering, while oil extended losses, after Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation. Soaring prices and central banks' battle to rein them in have sent…

1 … 93 94 95 96

People

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

Organisations