Senator Presses Powell: Why Not Declare This a Soft Landing?
Sen. John Kennedy (R., La.) had an unusual request for Federal Reserve Chair Jerome Powell at Tuesday’s congressional hearing. He dryly asked why the central bank chief wasn’t taking more credit for ...
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Stock Market Today: Dow Jones Edges Up As Powell Says This On Rates; Alibaba Nears Entry (Live Coverage)
The Dow Jones rose on the stock market today as Fed Chair Jerome Powell spoke on interest rates. A Warren Buffett stock ...
Stocks Are Jittery. Investors Want to Be Risk Off Today.
Stocks are wavering as Wall Street stays cautious in the wake of an intensified trade war. Defensive sectors are getting a boost. The Dow was up 0.1%, but the S&P 500 and the Nasdaq were down 0.1% and ...
Stock Market Today: Dow flat while S&P 500 and Nasdaq fall with Powell testimony in focus
Follow all the latest U.S. market action for Tuesday here as investors get ready for testimony from Fed Chair Jerome Powell, ...
U.S. stocks remain mostly lower in midday trading as Powell’s testimony drives up long-term Treasury yields
U.S. stock indexes were mostly lower in midday trading on Tuesday after Federal Reserve Chair Jerome Powell said there is no rush to cut the benchmark interest rate any further. The Dow Jones ...
Ecolab Stock Eyes an All-Time High
Ecolab shares are on pace to hit an all-time high when the market closes Tuesday, with the water treatment company up 7% ...
Two Senior CFPB Officials Leaving After Vought Takeover
Two senior officials at the Consumer Financial Protection Bureau are out of a job days after Russell Vought took over as ...
Wednesday's CPI data has potential to shift direction of yields: BMO
Wednesday's consumer-price index for January looms in the minds of bond-market participants, as investors and traders also remain focused on the prospect of trade wars between the U.S. and other ...
Breakeven inflation rates trend higher as Powell answers questions
Market-based expectations of future inflation remained higher as of Tuesday morning as Federal Reserve Chair Jerome Powell, in testimony before Congress, responded to a question about the possible ...
Meta shares on track to snap 16-day winning streak
Shares of Meta Platforms Inc. fell 0.2% Tuesday, threatening to end a run of 16 straight daily gains — the stock's longest winning streak since it debuted as Facebook in May 2012, according to Dow ...
Freddie, Fannie shares gain as Fed's Powell underscores importance of guaranteed 30-year mortgages
Shares of housing giants Freddie Mac and Fannie Mae were on pace for a second day of gains as Federal Reserve Chair Jerome Powell pointed to the importance of 30-year fixed-rate guaranteed mortgages ...