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The Fed delivered a 50-basis-point rate cut in September 2024. Two more 25-basis-point cuts followed, in November and ...
In a speech at a bankers’ conference in Colorado Springs, Colo., on Saturday, Bowman said a bleak jobs report last week ...
The Federal Reserve resisted pressure from the White House last week and left its policy rate unchanged. It was the right decision. As Chair Jerome Powell acknowledged, the case for a cut was a bit st ...
President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next ...
Apple announced $100 billion in new U.S. manufacturing investments, sending its shares up over 10% for the week. After recent declines, triggered by a weaker-than-expected jobs report and a June ...
Regardless of what's thrown Wall Street's way, the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite always find a ...
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The ...
What happens when Fed Chair Jerome Powell leaves and President Donald Trump appoints some MAGA loyalist? From then on, a few ...
Stephen Miran, the chair of Trump's Council of Economic Advisers and a fellow critic of Fed chair Jerome Powell, has been ...
President Donald Trump has nominated a top economic adviser to the Federal Reserve’s board of governors for four months, ...
The Dow Jones Industrial Average rose 206.97 points, or 0.47%, to 44,175.61, the S&P 500 gained 49.45 points, or 0.78%, to ...
St. Louis Fed President James Bullard and Marc Sumerlin, a former economic adviser to President George W. Bush are two of the possible nominees added to a list of about 10 people under ...