Federal Reserve

Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink

Business
Jessica Roberts

(Bloomberg) — Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes ...

US stocks set to snap 5-month win streak with Fed, Amazon in focus

Business
Jessica Roberts

Home prices in February rose at the fastest clip since November 2022, according to national home price data released Tuesday. Prices nationwide ...

US futures hit pause before Fed, Amazon earnings as 5-month win streak set to end

Business
Jessica Roberts

US stocks hit pause on Tuesday as investors marked time ahead of the Federal Reserve’s rate decision, with earnings from Amazon (AMZN) ...

Gold Drops as Markets See Hawkish Fedspeak at US Rate Meeting

Business
Jessica Roberts

(Bloomberg) — Gold fell — narrowing what is set to be its third straight month of gains — as investor focus turned ...

Trump to set interest rates himself under secret presidential plan

Business
Jessica Roberts

Donald Trump ‘could let inflation rip’ if he wins the US election, economists fear – Jeena Moon/POOL Bloomberg Donald Trump’s aides have ...

Key Federal Reserve Inflation Rate Sizzles As GDP Slows; S&P 500 Cuts Losses

Business
Jessica Roberts

The Federal Reserve’s key inflation rate reared up in the first quarter, as U.S. GDP growth slowed more than expected, the Commerce ...

Asian Stocks Drop, Yen Falls to Lowest Since 1990: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — European and US equity futures slipped following weakness in Asian markets, with Meta Platforms Inc.’s disappointing outlook underscoring the risk ...

US business activity cools in April; inflation measures mixed

Business
Jessica Roberts

(Reuters) – U.S. business activity cooled in April to a four-month low due to weaker demand, while rates of inflation eased slightly ...

European Stocks Gain on Earnings, US Futures Flat: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — European stocks rose for a second day, tracking gains in Asian markets on optimism that big technology companies will deliver ...

Asian Traders Await Key Data; US Futures Climb: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — Asian markets were set for a muted open Monday as focus shifts to a slew of company earnings and economic ...