News

Hassett likely to be Trump's pick for Fed chief, though Warsh is more qualified, CNBC survey finds

President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Fed chair, according to respondents to ...

'Upside down economically': Here's why the housing market probably won't get more affordable if the Fed cuts rates

Fed rate cuts are unlikely to lower borrowing costs for American homebuyers, according to one CIO. Mortgage rates and home ...

Powell at Jackson Hole, Fed Minutes, Walmart Earnings: Still to Come This Week

This week's set-piece event is the Jackson Hole central-bank gathering in Wyoming, slated for Thursday through Saturday.

How Trump is using the Fed chair selection process to pressure Powell to lower rates

The TV-style approach could present the White House with an excuse to meet with some current Fed officials who don’t support ...

What to Expect from Fed Chair Powell's Speech on Friday: 3 Key Scenarios

Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic ...

Treasury's Bessent says interviews for potential Fed chairs will start around Labor Day

Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...

Bowman Focuses on Her Current Fed Role Including Rules Overhaul

US Federal Reserve Governor Michelle Bowman said she’s keeping her focus on the regulatory portfolio she has now, including ...

Bitcoin, Ethereum, XRP Fall Ahead of Fed Minutes. Why Rate Cuts Matter for Crypto.

It isn’t a surprise that the tokens were sliding after the tech-heavy Nasdaq Composite index dropped 1.5% on Tuesday as Wall ...

Stock market today: Dow, S&P 500, Nasdaq futures steady after Target earnings with Fed minutes on deck

US stock futures steadied on Wednesday after a bruising day for tech stocks, as investors weighed the latest retail earnings ...