The Latest Breaking News from Jerome Powell

Jeremy Grantham predicted the financial crisis in 2008. Now, he thinks the financial system could expect more chaos after the two banks failed in March.

Monthly consumer price index shows US prices increased at a lower rate in March, though core inflation remains steady

The Federal Reserve has a communication problem, and it could be damaging the stock market, says El-Erian.

WASHINGTON — Ron DeSantis has found a new rhetorical target as he prepares for a potential presidential bid: Federal Reserve Chairman Jerome Powell.

At least nine in 10 Americans feel their money is safe at their bank or credit union, regardless of its size, according to the Harris Poll.

Americans are spending less time working than they did before the pandemic. That’s good for many of them, but it’s not necessarily great for the inflation-fighting Federal Reserve.

Following three weeks of banking turmoil, anxiety over still-elevated inflation, and rising interest rates, investors turn back their focus to corporate earnings reports and a series of economic data, including the payrolls report due this week. Let’s find out if stocks Nurix Technologies (NRIX), Genius Brands (GNUS), and ClearSign Technologies…

The bank crisis could spark a credit crunch that will rock the economy. It'll be a major test for small businesses.

Late in 2018, two Trump-appointed banking regulators, Federal Reserve Vice Chair Randal Quarles and FDIC Chair Jelena McWilliams, went on a nationwide tour to meet with regional bank examiners.