Wall Street ends mixed as Coca-Cola gains and Tesla drops
Wall Street's main indexes ended mixed on Tuesday as gains in Coca-Cola and Apple offset losses in Tesla, while investors ...
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Fed chair says mortgages might not be available for long in some parts of the U.S.
KTLA's David Lazarus reports on the stunning acknowledgment from Federal Reserve chairman Jerome Powell. Feb. 11, 2025.
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Unusual economic indicators: lipstick, men’s underwear, champagne and work refrigerators
While there are extremely accurate economic indexes that have successfully predicted recessions, there are also some pretty ...
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Trump administration's tariffs spark trade war concerns
President Donald Trump's new tariffs on steel and aluminum have sparked concerns about a trade war, with experts warning of ...
Asia-Pacific markets set for subdued open after Fed's Powell signals no urgency to lower rates
India is slated to report its inflation data for January. SoftBank Group will be posting its fiscal third quarter earnings results later in the day.
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Powell: CFPB shutdown creates consumer oversight gaps
In his semiannual testimony before the Senate Banking Committee Tuesday, Federal Reserve Chair Jerome Powell said the effective shuttering of the Consumer Financial Protection Bureau leaves no federal ...
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U.S. CPI Preview: Will Stock Markets Finally Find Fuel in Inflation Data?
All eyes now turn to U.S. CPI inflation data, where modest progress is expected and s signs of rate cut delay now may keep longer-term rates marching downward ...
Powell Says Fed Isn’t Rushing to Change Rates
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,” Powell said ...
Materials Up as Dollar Falls — Materials Roundup
Producers of metals and other raw materials rose after Federal Reserve Chair Jerome Powell's testimony was not as hawkish as some had feared, weighing on the dollar.
With the CFPB Being Dismantled, Who's Policing The Big Banks?
With the government's consumer watchdog agency off the job on the orders of President Donald Trump, Democratic lawmakers are ...
Heard on the Street Tuesday Recap
Markets again showed resiliency by shrugging off negative headlines. These included comments by Federal Reserve Chair Jerome Powell that the central bank doesn’t see "any reason to be in a hurry” to k ...