Steeper Fed rate hike back on table after Powell's hawkish testimony
Bets are climbing that the Federal Reserve raises interest rates by a half-percentage point later this month in the face of stubbornly high inflation.
Fuel prices, labor pose a challenge for the supply chain: Dave Clark
Flexport CEO Dave Clark discusses the global supply chain challenges, the return to normalcy and future goals.
Ken Fisher: A bull market is in full swing despite 'draconian' Fed
Fisher Investments founder and chairman Ken Fisher reacts to Fed Chair Jerome Powell signaling 'higher for longer' rate hikes on 'Cavuto: Coast to Coast.'
Home Depot founder schools Fed, Biden over the 'tragedy' that comes with inflation
Home Depot co-founder and billionaire Ken Langone warns inflation is "the most regressive tax of all," arguing Joe Biden and Jerome Powell can't avert a serious financial crisis.
Job openings dipped in January but remain historically high
The Labor Department reported on Wednesday that there were 11 million job openings at the end of January, a sign the labor market remains extremely tight.
The Fed acts 'like the gang that can't shoot straight': Ken Langone
Home Depot co-founder Ken Langone warns of a 'serious financial crisis,' arguing the Federal Reserve hasn't been aggressive enough with raising rates.
Stock market volatility signals it's time to be bullish on bonds: D.R. Barton
Woodshaw Financial Group principal D.R. Barton discusses whether it's too risky to be investing in stocks on 'Varney & Co.'
The stock market will crash in 60 days: Larry McDonald
The Bear Traps Report founder Larry McDonald reacts to Federal Reserve Chairman Jerome Powell's testimony to Congress, previews the February jobs report and discusses a potential stock market crash.
Private sector job growth grows by 242,000 in February, better than expected: ADP
Private U.S. companies added 242,000 new workers in February as the labor market remains strong even in the face of inflation and rising interest rates.
Larry Summers offers projection of how high Fed will lift interest rates, says recession could happen
Larry Summers on Monday offered his 'best guess' of how high the Federal Reserve will hike interest rates and said there could potentially be a recession.
Fed's Jerome Powell, Sen. Elizabeth Warren clash in tense exchange over rate hikes
Federal Reserve Chair Jerome Powell fired back at Sen. Elizabeth Warren in a tense exchange Tuesday over the potential impact of the central bank's interest rate hikes.
Americans feeling most pessimistic about financial future since 2010, survey shows
A Fannie Mae survey shows that Americans are increasingly pessimistic about their financial prospects amid rising interest rates and stubborn inflation.
Bears are frustrated the stock market hasn't fallen apart: Scott Redler
Meridian Equity Partners senior managing partner Jonathan Corpina and T3 Trading chief strategist Scott Redler analyze the economy and labor market after a hawkish Jerome Powell triggered a stock market selloff.
Sen. Elizabeth Warren and Federal Reserve Chair Jerome Powell engage in tense exchange
Federal Reserve Chair Jerome Powell fired back at Sen. Elizabeth Warren while testifying before Congress Tuesday, after the Massachusetts Democrat confronted the chairman over the impact of interest rate hikes.
Fed Chair Powell has been dealt a 'very tough hand': Sen. Bill Hagerty
Sen. Bill Hagerty, R-Tenn., discusses Fed Chair Powell's testimony on Capitol Hill, the impact of inflation on Americans and Biden's FY2024 budget.
Politicizing government spending is putting the US at risk: Maya MacGuineas
Committee for a Responsible Federal Budget President Maya MacGuineas argued the government's unwillingness to curb spending is weakening the U.S. as China gets stronger.
Fed rate cuts 'completely out of the question': Lou Basenese
Public Ventures chief market strategist Lou Basenese discusses how Fed Chair Jerome Powell's remarks in front of the Senate Banking Committee could impact markets on 'Varney & Co.'
Fed Chair Powell says interest rates are ‘likely to be higher’ than previously expected
The Fed may need to raise interest rates more than previously expected amid signs that inflationary pressures in the economy remain abnormally strong.
Jerome Powell will ‘avoid this question as much as he can’: Thomas Hoenig
Former Federal Reserve Bank of Kansas City President and CEO Thomas Hoenig argues a U.S. recession is 'inevitable' if the Fed keeps raising rates.
Fed Chair Powell in congressional hot seat as sticky inflation squeezes Americans
The Fed said in its semi-annual monetary report to Congress that additional interest rate hikes are necessary with inflation remaining abnormally high.