Jerome Powell

US Hiring Slows: What Fed Chief Powell’s Insights Mean for Future Rate Cuts

US Hiring Slows: What Fed Chief Powell’s Insights Mean for Future Rate Cuts

Federal Reserve Chair Jerome Powell spoke recently about a noticeable slowdown in U.S. hiring. He suggested this could lead to ... Read more

Trump Claims Inflation is ‘Defeated’ and Fed Rates Are Down, But Why Are Prices Still Skyrocketing for Many?

Trump Claims Inflation is ‘Defeated’ and Fed Rates Are Down, But Why Are Prices Still Skyrocketing for Many?

Inflation has been on the rise lately, surprising many as prices climb higher than last year. This trend comes at ... Read more

Central Bankers in Washington Fear Rising Stock Bubble: What It Means for Your Investments

Central Bankers in Washington Fear Rising Stock Bubble: What It Means for Your Investments

Central bankers face new fears of a market crash at the upcoming International Monetary Fund (IMF) and World Bank meetings. ... Read more

Live Updates: S&P 500 Futures Hold Steady After Reaching Record High—What You Need to Know

Live Updates: S&P 500 Futures Hold Steady After Reaching Record High—What You Need to Know

PepsiCo’s stock saw a bump in premarket trading after they reported third-quarter earnings that surpassed expectations. The company made an ... Read more

Fed Officials Favor Rate Cuts Amid Growing Job Market Concerns: Key Insights from Latest Minutes

Fed Officials Favor Rate Cuts Amid Growing Job Market Concerns: Key Insights from Latest Minutes

In a recent meeting, most members of the Federal Reserve’s interest-rate committee backed a small cut to the key interest ... Read more

Despite DC’s Shutdown, Stock Market Thrives: What You Need to Know

Despite DC’s Shutdown, Stock Market Thrives: What You Need to Know

NEW YORK (AP) — Even a government shutdown can’t keep stock prices down. The recent shutdown hasn’t stalled the markets. ... Read more

U.S. GDP at Risk: Treasury Secretary Bessent Warns of Potential Impact from Government Shutdown

U.S. GDP at Risk: Treasury Secretary Bessent Warns of Potential Impact from Government Shutdown

Treasury Secretary Scott Bessent recently shared his thoughts about the effects of the ongoing government shutdown on the U.S. economy. ... Read more

August Core Inflation Stays Steady at 2.9%: Key Insights from the Fed’s Latest Data

August Core Inflation Stays Steady at 2.9%: Key Insights from the Fed’s Latest Data

Core inflation stayed steady in August, based on the Federal Reserve’s key forecasting tool. This stability hints that the central ... Read more

Trump’s New Import Taxes: What You Need to Know About Rising Prices on Pharmaceuticals, Furniture, and Heavy Trucks

Trump’s New Import Taxes: What You Need to Know About Rising Prices on Pharmaceuticals, Furniture, and Heavy Trucks

President Announces Major Tariffs on Imports President Donald Trump revealed he plans to impose hefty import taxes on various products ... Read more

Jobless Claims Plummet to 218,000: Surprising Drop Amid Labor Market Concerns

Jobless Claims Plummet to 218,000: Surprising Drop Amid Labor Market Concerns

Initial claims for unemployment insurance dropped last week, easing concerns about the labor market. For the week ending September 20, ... Read more