Elizabeth Warren demands answers on costs, economic impact of ‘illegal and reckless war’
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee,…
June Fed rate hike odds just surpassed rate cut odds as stagflation fears grow
The war in Iran has sent energy prices soaring, stoking inflation fears that could undercut President Donald Trump’s…
Jerome Powell says U.S. economy is ‘amazing’—but admits ‘we just don’t know’ about Iran
Jerome Powell struck a surprisingly upbeat tone on Wednesday, calling the U.S. economy “amazing to see” after years…
Powell says he will remain Federal Reserve chair if Kevin Warsh isn’t confirmed
WASHINGTON (AP) — President Donald Trump has for months wanted to remove Jerome Powell as chair of the…
Fed Chair Jerome Powell says U.S. economy is ‘amazing’—but admits ‘we just don’t know’ as inflation, jobs, and oil shocks cloud the outlook
Jerome Powell struck a surprisingly upbeat tone on Wednesday, calling the U.S. economy “amazing to see” after years…
Jerome Powell says you’re right to blame data centers for making your bills more expensive
Fed Chair Jerome Powell acknowledged Wednesday that the AI-fueled data center boom is contributing to inflation, pushing back…
Asian shares skid as oil and gas prices surge
BANGKOK (AP) — Shares retreated Thursday in Asia after stocks on Wall Street slumped as oil prices spiked…
Asia markets dip as Dow touches new closing low; BOJ decision on deck
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan…
Markets reel as Fed holds rates steady and Iran hits a key Qatar gas hub
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting…
Fed projects one rate cut this year as Powell vows to stay on until DOJ investigation is finished
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted…
The Fed issues its latest interest rate decision Wednesday. Here’s what to expect
The Federal Reserve has little choice but to stay on the sidelines this week as it navigates a…
Stock market today: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March…