Citing earlier data showing that inflation has reversed the deceleration in late 2022, Powell warned of tighter monetary policy ahead.
Watch Fed Chair Jerome Powell speak live on Capitol Hill about interest rates and the economy
Federal Reserve Chairman Jerome Powell will address the Senate Banking, Housing and Urban Affairs Committee on Tuesday morning.
Stocks making the biggest premarket moves: Meta, Rivian, WW International, KeyCorp and more
These are the stocks posting the largest moves in the premarket.
BlackRock says European companies are showing ‘surprise resilience’ — and better value than the U.S.
European corporate earnings were surprisingly resilient in the fourth quarter of 2022, and the continent’s stock outperformance of the U.S. looks set to continue, according to BlackRock.
How China’s shifting growth picture could hit global markets
China’s economy will be forced to recalibrate because of a “fractured” global order, and the new drivers of growth will “disappoint” global markets, according to David Roche.
Stocks making the biggest moves after hours: WW International, KeyCorp and more
These are the stocks posting the largest moves in extended trading.
Fed’s Powell heads to Capitol Hill this week, and he’s going to have his hands full
Federal Reserve Chairman Jerome Powell appears before Congress with a tall task.
Inflation boosted the 2023 federal income tax brackets. Here’s how your taxes may compare to 2022
The IRS adjusted the 2023 federal income tax brackets higher based on inflation. Here’s how your federal taxes may compare to 2022.
Stocks making the biggest moves midday: Snap, Apple, Boeing and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest premarket moves: Ferrari, Apple, KB Home and more
These are the stocks posting the largest moves in the premarket Monday.