Jerome Powell

An Hour AgoFTSE 100 hits record highThe U.K.'s FTSE 100 hit a record high in early deals Wednesday, led by gains for credit data firm Experian.The blue-chip index rose 0.5% in opening trade to hit a high of 8,474.41 points, surpassing a…

Consensonomics gets an 'F' In the last two months of 2023, the market added an additional percentage point of rate cuts to its year-end 2024 expectation, taking the total quantity of quarter-point rate cuts priced in to seven. Looking…

Hundreds of small and regional banks across the U.S. are feeling stressed."You could see some banks either fail or at least, you know, dip below their minimum capital requirements," Christopher Wolfe, managing director and head of North…

20 Mins AgoU.S. stocks fall— Brian Evans and Sarah Min2 Hours AgoFrench IT giant Atos falls more than 10%The French government would acquire Atos' advanced computing, mission-critical systems and cybersecurity product divisions if a deal…

Can it outrun inflation? Is there more demand than supply? Does it make sense at this point in the cycle?Does it play into current events? Can it be linked to travel? Can it be put in a data center? These are some of a very small handful…

Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank's William McChesney Martin building on March 20, 2024 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesLast week, the U.S. central…

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on June 14, 2023 in Washington, DC. Drew Angerer…

Remarks last week by Federal Reserve Chair Jerome Powell about a spate of coming bank failures related to the faltering commercial real estate sector have sent shockwaves through the financial world, leading some investors to run…

One-kilogram silver bars sit stacked at Gold Investments Ltd. bullion dealers in this arranged photograph in London, U.K., on Wednesday, July 29, 2020.Chris Ratcliffe | Bloomberg | Getty ImagesSpot silver prices, meanwhile, were last…

19 Mins AgoEurope stocks close higherEurope's Stoxx 600 gained 1.05% Thursday, closing above the psychological level of 500 for the first time ever, as the European Central Bank's latest monetary policy meeting fueled bets on a June rate…