Trump Interviews Two as Search for Fed Chief Ramps Up
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President Donald Trump and Treasury Secretary Steven Mnuchin interviewed Federal Reserve governor Jerome Powell to discuss his potential nomination to become central-bank chairman, a White House official said, indicating the administration is widening and ramping up the search process.
Fed Faces Mixed Signals on Economy
Consumer spending was soft in August, while a key measure of U.S. inflation continued to show modest price growth across the economy.
Stocks on Track for Quarterly Gains
The S&P 500 was poised to finish the third quarter much like it spent the past three months-quietly.
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Fed's Harker Sees Next Rate Rise Coming in December
Philadelphia Fed President Patrick Harker said he is penciling in a federal-funds rate increase in December, and three more in 2018, "assuming that inflation comes back."
Trump Says Tax Cuts Will Supercharge Economic Growth
President Trump pledged that the Republican tax proposal would spur "the rebirth of American industry" and supercharge the U.S. economy.
Consumer Confidence Dips But Remains High
Consumer confidence dipped this month but remained high, as households are expecting inflation to pickup in the next year-signs of a solid economy.
Dow Deja Vu: 'Trump Trade' Regains Favor
Investors' are betting the Federal Reserve will continue to raise interest rates, a move that could boost bank profitability, and that the tax overhaul Republicans unveiled on Wednesday would improve earnings at American companies.
U.S. Oil-Rig Count Rises by Six in Latest Week
The number of rigs drilling for oil in the U.S. rose by six in the past week to 750, according to oil-field services company Baker Hughes. The gas-rig count fell by one.
Canadian Economy Stalls in July
Canadian economic output stalled in July after eight straight months of gains, bringing an end to an exceptional run that powered the fastest growth among Group of Seven economies in the past year.
Energy Department Urges Pricing Shift that Could Bolster Coal, Nuclear
The Trump administration is urging independent federal energy regulators to change how electricity is priced, proposing new rules that could bolster revenue for coal-fired and nuclear power plant owners.
(END) Dow Jones Newswires
September 29, 2017 15:15 ET (19:15 GMT)