The phenomenon is so widespread some economists have coined a new term— the “Great Freeze ”—to describe the dismal labor ...
The Fed leader discussed the reasoning behind the central bank’s decision to cut rates at its second straight meeting as well ...
Powell added that tariffs are fueling inflation and the downside risks to employment appear to have arisen in recent months.
Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...
However, the Fed chair noted that the growth is unevenly distributed and concentrated among only a few companies.
Federal Reserve Chair Jerome Powell’s blunt warning that investors need to rein in expectations for a December interest-rate ...
Stocks reversed their gains Wednesday, with all three indexes veering into the red, after Fed Chair Jerome Powell threw cold ...
Fed Chair Jerome Powell announced the Fed is cutting the overnight lending rate by a quarter of a point, bringing the ...
Another cut to interest rates in December is far from a foregone conclusion, Fed Chair Jerome Powell said Wednesday, dashing ...
Enormous capital expenditures in artificial intelligence technology and data centers are helping to drive growth in the U.S.
US Treasuries consolidated Wednesday’s losses, when Federal Reserve Chair Jerome Powell cast doubt on whether policymakers ...
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...
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