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Federal Reserve Chair Jerome Powell says the US has made progress toward 2% inflation but isn't quite there yet during a House Financial Services Committee hearing.
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Chief Powell continued ...
Nearly the entire Dow Jones equity board lost ground on Wednesday, although Boeing (BA) and Walmart (WMT) managed to stake out room on the green side. Both companies gained around 1.2%, with Boeing ...
Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...
If he's available next winter, Vladimir Guerrero Jr. will generate much of the same buzz as Juan Soto. While there is only one Soto, Vlad Jr. is one of the best ...
Inflation in the US rose more than expected in January, reinforcing expectations that the Federal Reserve may delay interest ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.
Now consider bitcoin: much like these scarce precious metals, bitcoin is now widely regarded as “digital gold,” including by ...
President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut ...