Powell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anywayÂ
The broad index of large-cap companies in the S&P 500 closed flat, but the tech-heavy Nasdaq 100 rose…
Consumers Expect Inflation To Get Worse, Even As Fed Cuts Rates
Tom Williams / CQ-Roll Call, Inc via Getty Images Americans are growing more concerned about high prices. Consumers…
US inflation rose at a 3% annual rate in September amid Trump tariffs, CPI report reveals – Firstpost
The latest US government inflation report revealed that the prices of products in the country continued to rise…
Global markets fall as US federal government shutdown enters 17th day
ISTANBUL Global markets declined as the US federal government shutdown entered its 17th day and fears over the…
Dow rises, Nasdaq slides in volatile day as Trump amps up China threats, Fed’s Powell speaks
Stocks closed Tuesday’s trading session mixed, with the day’s results largely driven by a ratcheting upward of trade…
S&P 500 and Dow turn higher, Nasdaq dips with Fed’s Powell, China tariff tensions in focus
Futures on Brent crude oil (BZ=F) and West Texas Intermediate crude (CL=F) briefly fell below $62 and $58,…
S&P 500 and Dow turn higher, Nasdaq dips with Fed’s Powell, China tariff tensions in focus
US stocks diverged on Tuesday after China upped the ante in its trade spat with the US, while…
A zombie economy could be America’s future
Over the next decade, the US economy will face two big challenges: higher interest rates and AI-generated disruption.…
Job market seems to be cooling, inflation is going up
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee repeated on Thursday that he fells “somewhat uneasy” with…
USD/JPY jumps to near 148.30 as Fed Powell’s caution on rate cuts boosts US Dollar
USD/JPY climbs to near 148.30 as Fed’s Powell didn’t endorse aggressive dovish stance.Fed’s Powell warns of slowing job…
Japanese Yen slips further; USD/JPY climbs past 148.00 mark
The Japanese Yen drifts lower in reaction to the disappointing Japan Manufacturing PMI.A modest USD uptick further contributes…
Weak Job Market Prompted Interest Rate Cuts, Powell Says
Topline Federal Reserve Chair Jerome Powell on Tuesday said a weakening labor market in the U.S. has outweighed…