Here are key takeaways from Powell’s hearing before the Senate Banking Committee. Powell says the labor market is back to ...

(Bloomberg) -- Here are the key takeaways from Federal Reserve Chair Jerome Powell’s testimony before the Senate Banking Committee in Washington Tuesday: Powell left the Fed’s options open on ...

Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election Under Powell, the Fed raised its benchmark rate to the ...

The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020.

Investors now expect the Fed to start cutting rates at its next meeting in September. WASHINGTON — Federal Reserve Chair Jerome Powell all but proclaimed victory in the fight against inflation ...

Powell stayed on message during the first day of his twice-yearly testimony before Congress, dodging politically fraught questions and sticking to the state of the economy, monetary policy plans ...

Fed Chair Jerome Powell's testimony on Wednesday didn't hold much in the way of surprises for markets or investors. Instead, the head of the central bank spent three hours providing lawmakers with ...

Opinions expressed by Forbes Contributors are their own. JJ Kinahan is CEO of IG North America and president of tastytrade. S&P 500 Hits Record High, Driven By Non-Tech And AI Stocks Financial ...

The Federal Reserve cut interest rates by a half-percentage point Wednesday and is projecting another half-percentage point ...

Facebook (FB) Whistleblower Frances Haugen, 37, testified before Congress on Tuesday. In her opening statement, she made some serious accusations about the social media giant. "I believe that ...

Central bankers expect to cut interest rates more in the months to come, but they are not on a preset path, Powell said. They ...