Trump has repeatedly criticized Powell for his cautious approach to cutting interest rates, nicknaming him “Too Late Powell.”
Category: Finance News
‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns
Long-time market bull David Zervos is worried the Federal Reserve is dangerously ignoring the artificial intelligence boom’s fallout.
Not just for the ultra-wealthy: Two firms team up to create more access to private credit boom
Simplify Asset Management and VettaFi launched the actively managed Simplify VettaFi Private Credit Strategy ETF (PCR) on Wednesday.
The resilient stock market may be keeping the economy out of a recession
Consumers with larger stock holdings are feeling fine, while those with smaller or no holdings are not.
Stocks making the biggest moves midday: Boeing, Paccar, Intel, Mirion Tech and more
These are some of the stocks posting the largest midday moves.
How does the U.S. stock market typically react to a government shutdown?
The markets could be in for some action if the government shutdown next week, according to Bank of America.
Chinese stocks are on fire this year, drawing big interest from foreign and domestic investors
Chinese stocks, once deemed univestable by many, are luring both local and foreign investors impressed by recent returns.
How gold and bitcoin are moving beyond market hedge to become income-generating investments
Investors want exposure to alternative assets that don’t move with stocks and bonds. They also want income. Wall Street and BlackRock have an answer.
The global wealthy are lining up for Trump’s $1 million Gold Card after price cut
Advisors to the ultra-wealthy said their clients are keen to access the U.S. education system, health care system, banking system and financial markets.
Core inflation rate held at 2.9% in August, as expected, Fed’s gauge shows
The personal consumption expenditures price index for August was expected to increase 2.9% from a year ago.