Powell speaks at Jackson Hole
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The S&P 500 closed lower for a fifth consecutive day, though it is down only 1.5% over that period. The broad-based index shed 0.4%, while the Dow Jones Industrial Average and Nasdaq Composite Index both fell 0.3%.
Former Teen Mom 2 star Jenelle Evans just dropped a bombshell that has fans picking their jaws up off the floor! The 33-year-old reality TV alum casually revealed she’s raked in a whopping $1.5 million in profits from her OnlyFans account over the past four years – and her friend’s reaction was absolutely priceless. During […]
Bloomberg journalists answer your questions live from the Federal Reserve’s annual meeting of central bankers in Jackson Hole, Wyoming.
Allianz advisor Mohamed El-Erian named BlackRock's Rick Rieder and former Fed governor Kevin Warsh as top candidates to replace Jerome Powell as Fed chair.
Small-cap stocks were edging up in the final hour of trade Thursday, with investors on edge about what Federal Reserve Chair Jerome Powell might say tomorrow about the path of interest rates. The Russell 2000 index of small-cap stocks was up 0.
The Justice Department signaled possible plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her from the board in a letter sent Thursday.
Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for U.S. central bank chief Jerome Powell's speech to the annual Jackson Hole conference in Wyoming.
"This underscores the importance of immediate action to secure the future of the Colorado River," said Reclamation's acting commissioner David Palumbo.