Jerome Powell announces the Fed's first interest rate cut of the year, citing weakening labor market conditions. As inflation risks remain, Powell emphasizes a careful balance in policy decisions.
In a bold move, Trump's latest Federal Reserve pick, Stephen Miran, argues for slashing interest rates by two percentage points to safeguard jobs and stimulate the economy. Can his vision reshape monetary policy amid rising inflation concerns?
US retail sales continue their upward trend, rising 0.6% in August, marking the third consecutive month of growth. This unexpected increase showcases consumer resilience despite inflation concerns.
The Department of Labor's watchdog is investigating the Bureau of Labor Statistics over its data reporting methods, amidst shocking downward revisions in job growth estimates and rising inflation concerns. What does this mean for the economy?
S&P 500 futures rose slightly after Oracle's impressive forecast and cloud revenue surge, while traders await key inflation data that could influence Federal Reserve decisions.
The S&P 500 faced a setback as AI stocks like Dell and Nvidia faltered, amid rising inflation concerns. Despite strong consumer spending, analysts predict interest rate cuts from the Fed next month.
Wall Street's major indexes fell as inflation data exceeded targets, raising concerns over tariffs and interest rate cuts. With tech stocks leading the decline and key economic reports on the horizon, investors are on edge.
As Federal Reserve Chair Jerome Powell hints at potential interest rate cuts, he faces the challenge of balancing economic needs with political pressure from President Trump. Can he maintain the Fed's independence while navigating this tricky situation?
Stocks showed mixed results as the market pauses after record highs. UnitedHealth's gains boost the Dow, while inflation concerns weigh on the S&P 500 and Nasdaq. What’s next for investors?
As President Trump intensifies pressure on the Federal Reserve to cut interest rates, the central bank is expected to hold its ground, citing strong economic indicators despite rising inflation fears linked to tariffs.
