Fed's Powell pledges diversity focus in filling reserve bank openings
U.S. Federal Reserve Chair Jerome Powell on Thursday promised to redouble efforts to find "diverse candidates" to replace two high-profile officials who resigned this week after criticism of their securities trading, as the central bank tried to regroup from a blow to its typically staid, technocratic image.
Inflation may remain elevated, says White House economic adviser
Inflation may stick around longer than White House officials are forecasting, Jared Bernstein says.
Dow slides 569 points, tech-heavy Nasdaq tumbles as Treasury yields spike
U.S. stock indexes tumbled Tuesday as consumer confidence slumped to a seven-month low and Federal Reserve Chairman Jerome Powell expressed concerns over inflation.
Millions of Americans fear missing debt payments, NY Fed reports: How to manage your debt
A new report from the NY Fed found that 9.6% of Americans fear they might miss a debt payment in the next few months. Here's how you can get your debt under control.
Boston Fed chief Rosengren to retire early due to health concerns
Boston Fed President Eric Rosengren will retire at the end of September due to health concerns.
Powell, Yellen testify, government shutdown deadline, GDP & Amazon event top week ahead
In the week ahead, the deadline to avert a government shutdown looms as Fed Chair Powell and Treasury Secretary Yellen head to Capitol Hill. Investors are also waiting on Warby Parker’s IPO and Amazon’s hardware update.
Fed keeps interest rates at 0%, but eyes 2022 rate hike
The Federal Reserve moved up its timeline to decrease interest rates to next year. Here's how to take advantage of low rates now.
Fed's Powell says coronavirus recession, recovery 'without modern precedent'
Federal Reserve Chairman Jerome Powell said Friday the pandemic-induced recession – one of the sharpest, but shortest, downturns in history – and the subsequent recovery are unprecedented.
Wall Street eyes four more years for Powell at Fed
Federal Reserve Chairman Jerome Powell remains favored for renomination by the White House, and if recent history repeats itself a decision may come at any time before the central bank meets again in early November.
Fed officials see ‘transitory’ inflation lasting quite a while
All year the Federal Reserve’s message on inflation has been consistent: This year’s surge is transitory, and inflation will soon return close to the central bank’s 2% target.
Jerome Powell says Fed to change trading rules for central bank officials
Federal Reserve Chairman Jerome Powell said on Wednesday the U.S. central bank's current rules dictating what its officials are allowed to invest in and trade are "not adequate" and need to be updated after recent disclosures showed that two Fed officials actively traded markets in 2020.
Dow Jones jumps 338 points as Fed signals tapering, rate hikes
U.S. stocks posted strong gains but finished off session highs Wednesday after the Federal Reserve signaled tapering would likely begin later this year and that interest rate hikes will start in 2022.
Fed Powell’s press conference, Q&A: Recap
The Federal Reserve signals more rates hikes, taper timeline and acknowledges rising inflation.
Fed signals tapering could begin 'soon,' projects interest rate liftoff in 2022
The Federal Reserve signaled at the conclusion of its two-day meeting this week that it will begin slowing its aggressive bond-buying program later this year, the first step that policymakers will take to dialing back pandemic-era support for the U.S. economy.
Fed expected to provide taper timeline hints at key policy meeting this week
The Federal Reserve kicked off a much-anticipated meeting this week during which policymakers are widely expected to shed light on their plans to begin dialing back support for the U.S. economy – a decision complicated by rising inflation and lackluster job growth.
White House mum on Powell Fed reappointment
The White House is still mulling the potential renomination of Jerome Powell as chairman of the Federal Reserve, one of the most consequential economic decisions for President Biden in his first term.
Inflation talk by S&P 500 CEOs hits 10-year high
CEOs have not been this worried about inflation in over a decade.
Fed decision, FedEx, Nike, Costco earnings and Biden at UN General Assembly top week ahead
Investors will be watching the Federal Reserve’s September meeting, housing data, and earnings from the likes of Nike, FedEx, and Costco.
Investors swap cash for stocks in rapid frenzy ahead of Fed meeting
Investors exited cash in favor of stocks ahead of the Fed's upcoming meeting.
Billionaire fund manager Gundlach debunks ‘transitory' inflation
Billionaire bond fund manager Jeffrey Gundlach worries the manufacturing sector is flashing signs that inflation will be more than just “transitory.”



















