Powell mentioned the labor market 25 times at his press conference last week, mostly calling it 'solid'
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
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Jamie Dimon Just Warned of Stagflation—Here’s How to Prepare
Lately, we've been hearing quite a bit of pessimistic market commentary from some pundits and big names on Wall Street. Still ...
When a Pro-Trump Crypto King Came Knocking, San Francisco Elites Locked the Door
A Bitcoin pioneer’s apartment purchase was rejected by the building’s residents after he was in escrow. The sellers — ...
Fed Chair Powell to testify to Congress next week, his first appearance since July
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...
‘STOP ELON Act’ introduced by Tennessee lawmakers
If passed, SB 1128 would create a new offense of interfering with a person’s receipt of a loan, grant, or financial ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...