Boeing, FedEx, Federal Reserve, WeWork, General Motors 5 Things You Must Know
U.S. stock futures decline slightly and oil prices slip following one of the biggest single-day price jumps on record; investors adopt a cautious stance ahead of the…
Sep 17, 2019 10:31 UTC Read More
Who will Trump blame if we have a recession?
As most everyone knows by now, economists are increasingly worried that not just the United States but the world might be heading toward a recession.
Aug 27, 2019 06:59 UTC Read More
Trump Bashes Federal Reserve Chairman Jerome Powell Saying He Has 'Let Us Down'
On Wednesday, President Donald Trump took to Twitter to attack Federal Reserve Chairman Jerome Powell and the media after reports of a possible economic…
Aug 21, 2019 06:59 UTC Read More
Jerome Powell’s Off-the-Cuff Approach Leaves Investors on Edge
The highly uncertain U.S. economic outlook is complicating Federal Reserve Chairman Jerome Powell 's effort to bring a more plain-spoken approach to…
Aug 05, 2019 06:59 UTC Read More
Democratic senator to Powell: Get moving on faster payments
Sen. Chris Van Hollen (D-MD) has a message for the Fed: Get going on a faster payment system now. “They need to get on the ball and get moving because…
Aug 02, 2019 19:51 UTC Read More
Trump's latest China tariffs: What we know so far
President Donald Trump signaled Thursday that he would slap more tariffs on China.
Aug 02, 2019 16:02 UTC Read More
Opinion The Fed mustn’t feed a bubble
The US Federal Reserve has lowered its policy interest rate by a quarter percentage point, the first rate cut since 2008.
Aug 01, 2019 12:35 UTC Read More
Fed's market shock; Bank of England; Stock exchange deal
London (CNN Business) 1. Market shock: The US Federal Reserve has sent a shiver through global markets. The central bank just cut interest rates for the first…
Aug 01, 2019 11:13 UTC Read More
Hawkish comments from US Fed push JSE lower
US Federal Reserve chair Jerome Powell warned on Wednesday that the rate cut was not the start of an easing cycle.
Aug 01, 2019 08:48 UTC Read More
Text of the FOMC statement
Following is the full text of the statement released by the Federal Reserve's Federal Open Market Committee on Wednesday following a two-day meeting:
Jul 31, 2019 19:57 UTC Read More
Federal Reserve cuts interest rate by quarter-point in effort to keep economy on track
Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington,…
Jul 31, 2019 19:05 UTC Read More
The two words from Jerome Powell that rocked the financial markets
Fed Chairman Jerome Powell says the Fed's quarter-point rate cut was a "midcycle adjustment," meaning it's not a promise of more easing.
Jul 31, 2019 06:59 UTC Read More
The Fed is about to cut rates for the first time since 2008 as trade war weighs on economic growth
The Fed is expected to cut interest rates for the first time in more than a decade Wednesday, a pre-emptive move as concerns rise about the impact of the trade…
Jul 26, 2019 18:30 UTC Read More
Trump renews criticism of Federal Reserve, says central bank 'very misguided'
The president added that he believes interest rate costs should have been “much lower."
Jul 22, 2019 06:59 UTC Read More
The Fed and the markets are challenged by elections, trade and geopolitics
The U.S. Federal Reserve always finds it impossible to keep monetary policy out of the election cycle maelstrom, but it would do well to stick to its mandate and…
Jul 15, 2019 07:00 UTC Read More
The next big risk that could end the stock rally is here
Stocks could struggle in the week ahead if earnings reports focus on the murky economic outlook and negative impacts from the trade war.
Jul 12, 2019 16:54 UTC Read More
Dow 27,000; Trump vs. Libra; Daimler warning
London (CNN Business) 1. Dow 27,000: The Dow and the S&P 500 have hit all-time highs. But pockets of anxiety remain. The Dow on Thursday topped 27,000…
Jul 12, 2019 11:13 UTC Read More
Jerome Powell Is Becoming Central Banker to the World
(Bloomberg) -- Federal Reserve Chairman Jerome Powell is starting to sound a bit like he's the world's central banker. You are using a private or incognito…
Jul 12, 2019 06:11 UTC Read More
Asian shares ease as Trump rekindles China-US trade tensions
SHANGHAI — Asian shares pulled back on Friday as worries over renewed China-US trade tensions weighed on sentiment ahead of the release of June trade…
Jul 12, 2019 01:24 UTC Read More
Dow breaks 27,000; S&P hits record
A turbulent day on Wall Street ended in the record books Thursday as the Dow Jones Industrial Average climbed above 27,000 for the first time and the S&P 500…
Jul 11, 2019 22:03 UTC Read More
Markets rebound as US Fed signals interest rate cut; Sensex rises 266 pts
The benchmark indices rebounded from their lowest close in nearly two months, tracking their regional peers. This followed comments by US Federal Reserve…
Jul 11, 2019 17:07 UTC Read More
NASDAQ Composite (.IXIC) surged to a record high after Federal Reserve Chairman Jerome Powell signalled a willingness to cut interest rates to boost flagging economic growth
NASDAQ Composite (.IXIC) surged to a record high after Federal Reserve Chairman Jerome Powell signalled a willingness to cut interest rates to boost flagging…
Jul 11, 2019 09:59 UTC Read More
Dow, S&P end in record territory after Powell boosts expectations for Fed rate cut
Nasdaq closed 6 points lower, even as Federal Reserve Chairman Jerome Powell reinforced expectations for an interest rate cut later this month.
Jul 11, 2019 06:59 UTC Read More
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