Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Fears of elevated interest rates dampened the mood on Wall Street at the start of this year–but cooling core inflation and dovish comments by Federal Reserve governor Christopher Waller have ...
Over the last several weeks, nearly every bank and researcher on Wall Street has published ... Fed Governor Christopher Waller told CNBC on Thursday that there’s still a scenario that involves ...
Global equities saw a rise as Wall Street indices fell, influenced by mixed U.S. economic data and Federal Reserve comments suggesting potential interest rate cuts. Scott Bessent's Senate testimony reinforced pro-business views amidst concerns of inflation and economic uncertainty ahead of the incoming administration.
Canada's main stock index rose to an eight-day high on Friday, notching broad-based gains as investors bet that the incoming Trump administration in the U.S. would pursue policies that help boost corporate profits despite the threat of trade tariffs.
Wall Street paused, with stocks ending little changed. Strong bank earnings keep rolling in and Trump's Treasury pick fields Senate questions.
A benign reading on inflation calmed fears about a renewal in price pressures and strong bank earnings helped the three major U.S. indexes notch their biggest one-day percentage gain since Nov. 6 on Wednesday.
In her first move since leaving the Senate, Arizona’s Kyrsten Sinema joined crypto exchange Coinbase’s Global Advisory Council. “The future of crypto is just incredibly bright,” the Democrat-turned-in
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
I don’t have technology,” says the 81-year-old actor, who stars in the sci-fi series “Severance.’”
Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.
The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.