Central Bankers Flock to Jackson Hole at Pivotal Moment
(Bloomberg) — A big week is coming up for the Federal Reserve and central bank enthusiasts. The Kansas…
Potential Fed chair pick David Zervos of Jefferies backs aggressive interest rate cuts
Wall Street veteran David Zervos added his name Thursday to the list of potential Federal Reserve chairs who…
Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut
Economist Marc Sumerlin, one of nearly a dozen reported contenders for Federal Reserve chair, said Thursday he’d be…
Scott Bessent questions whether Powell should cut rates by 0.50bps in September
Investors are pricing in more than a 96% chance of the Fed cutting the base rate in September,…
Markets are near certain of a September rate cut as more presidents turn dovish
For the majority of 2025, analysts and investors have begrudgingly backed the stance of Jerome Powell and the…
As China defuses its time bomb of debt, US hears the ticking intensify
Concerns over China’s local-level debt have long loomed large in international discourse, with a mountain of “hidden” debt…
It’s Trump’s economy now. The latest financial numbers offer some warning signs
WASHINGTON (AP) — For all of President Donald Trump’s promises of an economic “golden age,” a spate of…
Cramer has an urgent message for Powell after July’s terrible jobs growth
A surprisingly lackluster jobs report Friday morning left CNBC’s Jim Cramer with one key takeaway: The Federal Reserve…
Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets
President Donald Trump on Friday fired the Bureau of Labor Statistics commissioner, hours after the agency reported that…
Markets see dwindling odds of a September interest rate cut from the Fed
September has mostly been taken out of play for a Federal Reserve interest rate cut as remarks from…
Stock market today: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July…
A week when everything happens
Traders wait for insurance marketplace Accelerant to begin trading during the company’s IPO at the New York Stock…