Tag: Breaking News: Economy
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Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of...
Wage growth now favors job stayers over job switchers
A "Now Hiring" sign hangs in the window of a hair salon in the Greater Boston town of Medford, Massachusetts, August 12, 2025.Brian...
fmr. U.S. CEO Bill Simon
Walmart's former U.S. CEO Bill Simon thinks Thursday's stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings forecast, but the stock...
Powell to deliver Jackson Hole speech Friday. What Wall Street expects
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank's annual conclave...
Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut
Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on...