Trump urges Powell to cut interest rates minutes before Fed chair speaks
Just minutes before Federal Reserve Chair Jerome Powell was set to speak on Friday, President Donald Trump urged him to cut interest rates, saying it would be a "perfect time" to do so. Trump, who ...
Who’s freaking out the most over the stock-market dive? It depends on who they voted for.
The vibe among Trump supporters is short-term pain for long-term gain. But political views often shape how people feel about ...
TerraVest Expands Tank-Trailer Footprint With $16M LBT Acquisition
TerraVest Industries on Friday said it has acquired tank trailer manufacturer L.B.T. for $16 million. The Toronto manufacturer of compressed-gas storage equipment and HVAC products said LBT is a good ...
Fed 'closely watching' tension between hard and soft economic reports, Powell says
Fed Chairman Jerome Powell said the limited economic evidence for the January-March quarter portray an economy that is slower but with a solid growth outlook. At the same time, surveys of households ...
Powell says 'too soon to say' how Fed will react to tariffs
Federal Reserve Chairman Jerome Powell left the door open on how the central bank will respond to President Trump's tariff plan. In a speech Friday, Powell said the Fed was well positioned to wait for ...
Powell says higher inflation from tariff increase may not be temporary
Federal Reserve Chairman Jerome Powell warned higher inflation from the White House tariff increases might not be temporary. The economic effects of the tariffs announced by Trump this week are going ...
Wall Street’s fear gauge is surging in U.S. stock-market selloff
A gauge of investor anxiety was surging Friday as a brutal selloff in U.S. stocks continued on rising concern over the large tariffs announced by the White House earlier this week. The Cboe Volatility ...
U.S. dollar climbs after hitting lowest level since October
A key gauge of the U.S. dollar's value versus several rivals was climbing on Friday as the greenback appreciated against the Australian dollar, Canadian dollar and Mexican peso. The ICE U.S. Dollar ...
Russell 2000 has entered bear market as Trump’s trade war escalates. What history says could happen next.
Small-cap stocks, once seen as top beneficiaries of President Donald Trump’s policies, have now officially entered ...
Global economic shock leads to another government-bond rally around the world
Government-bond markets in the U.K., Germany, Japan and Australia all rallied again on flight-to-safety trades Friday as traders around the world reeled from the fallout of President Donald Trump's ...
Goldman, JPMorgan weigh on DJIA as investors sell for 'liquidity'
JPMorgan Chase & Co.'s stock was down 6.7% and Goldman Sachs Group Inc.'s stock fell 8.3% as the megabanks weighed on the 30-stock Dow Jones Industrial Average on Friday. The banks were among the ...
Trump says his policies ‘will never change.’ Why he’s contradicting himself.
As markets were heading into another day of carnage following his Wednesday tariff announcement, Trump posted on his Truth ...