News

New Mexico predicted to benefit if Fed lowers interest rate

In a speech last week, Fed chair Jerome Powell hinted that a reduction in the rate big banks will pay for overnight lending ...
KOB 423m

Stocks open lower on Wall Street after last week’s rally

Stocks are opening lower on Wall Street after a big jump last week on hopes for more interest rate cuts from the Federal ...

‘Tariff Bingo is tough.’ Texas manufacturers sweat Trump’s tariffs, high interest rates

Texas manufacturers continue to express frustration over the Trump administration’s volatile tariff playbook and the impact of high borrowing costs.

Canadian Dollar Rallies the Most in Three Months as Fed's Powell Turns More Dovish

TORONTO (Reuters) - The Canadian dollar recouped all of its weekly decline against the U.S. dollar on Friday as Federal Reserve Chair Jerome Powell opened the door to interest rate cuts and Canada ...

The labor market is sputtering. The Fed has finally taken notice.

Burlington’s Keurig Dr Pepper agreed to buy the owner of Peet’s Coffee for $18 billion and plans to spin off its coffee ...

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Why gold is more of a ‘buy-on-dips’ asset than one at risk of collapse

The backdrop supporting gold remains “intact, both from the perspective of U.S. monetary policy and ongoing global ...
Virginia Business2h

Powell signals possible Fed rate cut, faces Trump pressure

Trump said he would fire Fed Governor Lisa Cook if she did not step down from her position. Bill Pulte, a Trump appointee to head the agency that regulates mortgage giants Fannie Mae and Freddie Mac, ...