Dow jumps 236 points, S&P, Nasdaq see broad rally
U.S. stock indexes picked up momentum locking in gains helping ease September's rocky start.
Elizabeth Warren asks the Fed to break up Wells Fargo, citing a 'broken culture'
Sen. Elizabeth Warren on Tuesday urged the Federal Reserve to break up Wells Fargo, arguing corruption and scandals at the financial powerhouse posed "substantial risks" to consumers and the financial system.
Consumer prices rise 5.3% annually in August
U.S. consumer prices grew at a slower pace in August as gains cooled off from their fastest rate in 13 years.
Americans' inflation fears hit another high in August as prices continue to climb
Americans' inflation fears hit another record in August as the price of consumer goods continued to surge, according to a Federal Reserve Bank of New York survey published Monday.
US economic growth slowed this summer as delta variant hampered demand, Fed's Beige Books says
U.S. economic growth slowed over the summer as a surge in COVID-19 cases driven by the highly contagious delta variant forced consumers to pull back on spending, according to a new Federal Reserve report.
Treasury says it has not reduced sanctions pressure on Taliban
The Treasury Department will not reduce sanctions pressure on the Taliban, a senior Treasury official told FOX Business Wednesday.
Dallas Fed’s Robert Kaplan was an active buyer and seller of stocks last year
Robert Kaplan, President of the Federal Reserve Bank of Dallas made multi-million-dollar plus stock trades in 2020, according to a financial disclosure provided by his bank. Other regional Fed leaders reported smaller financial holdings and transactions.
Fed's Bullard says stimulus tapering should begin this year: report
The U.S. Federal Reserve should move forward with a plan to trim its massive pandemic stimulus program despite a slowdown in job growth last month, St.
American's minimum salary expectations surged in July amid labor shortage, New York Fed survey shows
Americans' minimum salary expectations surged in July, with the lowest wage that workers would be willing to accept for a new job increasing sharply from the previous year, according to a Federal Reserve Bank of New York survey published Tuesday.
Disappointing August jobs report could throw wrench in Fed's taper plans
The abrupt slowdown in job growth last month could derail the Federal Reserve's plan to start unwinding its easy-monetary policies at its September policy meeting amid signs the highly contagious delta variant is weighing on the labor market's recovery from the pandemic.
AOC urges Biden to appoint new Fed chair - what that would mean for interest rates
Rep. Alexandria Ocasio-Cortez and a group of Progressives are urging Biden to appoint a new head of the Federal Reserve. Here's how interest rates could be affected.
Fed will become 'even more dovish' if Powell loses chairman job, market expert says
Mark Tepper argues the Fed will become more 'dovish' if Jerome Powell isn't reappointed as chairman.
AOC, Tlaib, Pressley urge Biden to replace Powell as Fed chair
Leading progressive Democrats, including Rep. Alexandria Ocasio-Cortez, on Tuesday called for Federal Reserve Chairman Jerome Powell to be replaced.
Fed faces new challenge spelling out employment goals
Federal Reserve officials are talking more about how to define a fuzzy concept—maximum employment—that will heavily influence their thinking around how much longer to keep interest rates near zero.
Wall Street reacts to Fed chairman's speech on tapering, rate hikes
Federal Reserve Chairman Jerome Powell’s speech at the virtually-held Jackson Hole symposium left Wall Street cheering the idea that rate hikes were still well off on the horizon.
Fed Chair Powell says inflation surge will be temporary: Here's what it means for interest rates
Federal Reserve Chairman Jerome Powell confirmed Friday his view that today's high inflation is temporary. Here's what that means for interest rates.
Fed’s Bullard warns of 'aggressive' inflation action if Fed doesn't taper soon
James Bullard reacts to Fed Chair Jerome Powell's speech on inflation and winding down asset purchases.
Fed's Powell signals tapering could begin this year, but suggests rate hike a ways off
Federal Reserve Chairman Jerome Powell signaled Friday the U.S. central bank expects to begin unwinding some of its ultra-easy monetary policies by the end of the year as the U.S. economy continues to rebound from the COVID-19 pandemic.
Fed's inflation measure soars by most in 30 years
Core personal consumption expenditures accelerated last month by the most on an annual basis in 30 years.
S&P 500, Nasdaq hit all-time highs after Fed Powell’s speech
U.S. stock indexes climbed to records highs after Fed Chairman Jerome Powell signaled the central bank to possibly being tapering its asset purchases later this year, but that rate hikes were further out on the horizon.


















