Multiple current and former Fed officials are speaking up as Federal Reserve Governor Lisa Cook faces attacks from the Trump administration.
Category: Finance News
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty.
Stocks making the biggest moves midday: Microchip Technology, Builders FirstSource, Zoom Communications and more
Here are some of the stocks posting the biggest moves in midday trading Friday.
Stocks making the biggest moves midday: Microchip Technology, Builders FirstSource, Zoom Communications and more
Here are some of the stocks posting the biggest moves in midday trading Friday.
Watch Fed Chair Powell’s full policy speech at Jackson Hole
Markets were looking for Powell to provide strong hints about a September interest rate cut.
Wage growth is doing something odd in 2025 — the last time it happened was around the Great Recession
Job “switchers” generally see wages grow at a faster pace than those who stay in their current role. However, that trend has reversed.
Chocolate lovers, brace yourselves: Prices are rising, but not forever
“There is this ongoing deficit in the in the market, big depletion of availability of cocoa beans and availability of products,” one analyst told CNBC.
Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Walmart lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. The big-box retailer ended Thursday as the Dow’s biggest loser.
Household robots are about to get a big price cut — if China’s top ‘robovac’ player has its way
In an exclusive interview with CNBC, Quan Gang, president of China’s Roborock, said human-like robots will become part of many households by 2030.
Chocolate lovers, brace yourselves: prices are rising, but not forever
“There is this ongoing deficit in the in the market, big depletion of availability of cocoa beans and availability of products,” one analyst told CNBC.