The S&P 500 inched higher, on course for a second consecutive record closing high, while the Nasdaq was essentially flat and the Dow moved lower.
Billionaire Elon Musk appeared at a conservative gathering outside Washington on Thursday waving a chainsaw in the air, showing openness to auditing the Federal Reserve and accusing Democrats of “treason.
All three major U.S. indices are red in Wednesday's midday trading as investors weighed President Donald Trump's proposed tariffs on auto imports, pharmaceuticals and semiconductors. An official announcement is expected as soon as April 2.
Minutes from the Federal Reserve's January meeting released on Wednesday revealed members of its committee believe Trump's policies might "hinder the disinflation process". "Business contacts in a number of districts had indicated that firms would attempt to pass on to consumers higher input costs arising from potential tariffs,
Billionaire Elon Musk appeared at a conservative gathering outside Washington waving a chainsaw in the air, showing openness to auditing the Federal Reserve and accusing Democrats of “treason.” Musk,
The executive order would affect agencies like the SEC and FDIC, but it excludes the Federal Reserve's Board of Governors and Open Market Committee.
President Donald Trump’s top economic adviser said he’ll meet regularly with Federal Reserve Chair Jay Powell to exchange views about the US economy, giving the president a channel to convey his opinions to the central bank.
In testimony on Capitol Hill Tuesday, Federal Reserve Chair Jerome Powell faced a barrage of questions about DOGE's access to millions of Americans' sensitive data at the Treasury Department -- and the shutdown of the Consumer Financial Protection Bureau (CFPB).
The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after U.S. President Donald Trump unveiled a roadmap for charging reciprocal tariffs on U.S. trading partners.
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change its rate decisions. “People can be confident that we’ll continue to keep our heads down,
Wall Street held relatively firm after President Trump’s latest tariff escalation and after the Federal Reserve hinted interest rates may not change soon.