President Donald Trump is putting import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1.
Traders in derivative markets still expect an October rate cut, but lowered the odds of a move to 83%, down from 93% on Wednesday. Many economists are sticking with the view that the Fed will ease in ...
MSCI's global equities gauge fell on Wednesday while the dollar rose and gold prices dipped, as investors digested cautious ...
Fed Chair Jerome Powell described the current interest‑rate stance as “modestly restrictive” after the rate cut last week.
Fed chair Jerome Powell announced a quarter-point interest rate cut last week in an effort to prevent an economic slowdown.
Federal Reserve Chair Jerome Powell's lack of confirmation on when the central bank will cut interest rates again was the ...
From the man whose words move markets in seconds, it was a striking admission. Investors and journalists regularly parse his ...
Wall Street was poised to open with small gains a day after markets took a break from their relentless record-breaking rally ...
WASHINGTON — Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in ...
Stocks drop, with tech favorites leading a modest retreat ...