Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has…
Stock market today: Dow futures up as Wall Street eyes the one thing that could derail Fed rate cut
Stock futures gained momentum on Sunday evening as investors brace for fresh inflation data and political turmoil overseas…
The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the…
Stock market’s fate comes down to the next 14 trading sessions
The next few weeks will give Wall Street a clear reading on whether this latest stock market rally…
Markets double down on September Fed cut after July inflation data
July’s inflation report went about as well as the Fed (and the White House) could have hoped for.…