Never Mind Amazon, Microsoft, Alphabet. Why the Stock Market Can Rise Without Them, and 4 Other Things to Know Today.
Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader ...
Solid Labor Market Gives Fed Cover to Extend Rate Pause
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Fed Chair Powell to testify to Congress next week, his first appearance since July
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...
How The Immigration Surge Boosted The Economy
Key Takeaways President Donald Trump's hardline border policies and campaign of deportations could have a significant effect ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...