Politicizing the Fed could have long-term economic consequences, according to former Bridgewater Associates chief investment strategist Rebecca Patterson.
Category: Finance News
Here’s what it really means for Trump to get control of the Federal Reserve board
Since taking office in January, Trump has placed the Fed directly in the crosshairs of executive power.
Stocks making the biggest moves midday: Petco Health, Celsius, Affirm, Caterpillar & more
These are the stocks posting the largest moves midday.
Core inflation rose to 2.9% in July, highest since February
The personal consumption expenditures price index was expected to show core inflation at 2.9% and headline inflation at 2.6%.
Stocks making the biggest moves premarket: Alibaba, Ulta, Dell Technologies, Caterpillar & more
See which stocks are posting big moves before the bell.
Fed’s Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
Waller said he believes the Fed can use its power over rates to stave off further labor market weakening. “So, let’s get on with it,” he said.
German inflation rises to hotter-than-expected 2.1% in August
Markets and economists are closely watching inflation figures around the world to assess the impact of U.S. President Donald Trump’s tariff policies.
Denmark slashes 2025 growth forecast amid Novo Nordisk slowdown
Denmark on Friday cut its annual growth forecast to 1.4% from 3%.
How Italy’s banking M&A wave started crashing
The merger fever that’s gripped Italy’s banking sector showed signs of abating this summer — but its end isn’t nigh.
Affirm’s stock soars 15% on earnings, revenue beat
Affirm’s earnings per share of 20 cents for the quarter was almost double what Wall Street expected.