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Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...
This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a ...
An excerpt from "Trillion Dollar Triage" details Fed Chair Jerome Powell’s measured public responses – and more candid private reactions – to Trump’s ongoing threats to fire him.
A healthy crop of earnings helped European stocks bust out of a four-day losing streak on Thursday, Wall Street was watching ...
What Happened in Markets Today The debate on the Fed continued. Former Federal Reserve governor Kevin Warsh, a potential nominee to succeed Fed Chair Jerome Powell, said on CNBC that the Fed should ...
Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.
The Nasdaq Composite rose to a record high on Thursday, with Wall Street's other major indexes also advancing, as strong ...
Airline sector shows resilience with strong demand and positive earnings, indicating robust consumer and corporate spending ...
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.
The S&P 500 is on the cusp of a new record high following the central bank’s dovish forecast on interest rates. But some market watchers are questioning the durability of the rally.
U.S. stock indexes are ticking higher on Wednesday following a better-than-expected update on inflation across the country.