Federal Reserve

Trump to tap Fed's Jerome Powell for Fed chairman

The White House has notified Federal Reserve governor Jerome Powell that President Donald Trump intends to nominate him as the next chairman of the central bank, according to a person familiar with the matter.

Trump to tap Fed's Jerome Powell for Fed chairman

The White House has notified Federal Reserve governor Jerome Powell that President Donald Trump intends to nominate him as the next chairman of the central bank, according to a person familiar with the matter.

A bear market that will 'make its mark' is looming ahead: Robert Prechter

Despite praise from the Trump administration that the president’s business-friendly policies are largely responsible for a record-breaking run on the stock market, the real cause behind the booming economy may in fact be the positive social mood and the generally increased levels of optimism in society.

A bear market that will 'make its mark' is looming ahead: Robert Prechter

Despite praise from the Trump administration that the president’s business-friendly policies are largely responsible for a record-breaking run on the stock market, the real cause behind the booming economy may in fact be the positive social mood and the generally increased levels of optimism in society.