News Highlights: Top Global Markets News of the Day - Thursday at 3 PM ET
Labor productivity grew at a rate of 1.2% in the fourth quarter of 2024. Growth was 2.3% in the third quarter, revised data showed. The central bank responded to a troubling mix of stuttering economic ...
Fed Chair Jerome Powell Faces Trump's Pressure: 'The President Can't Fire Me' As Interest Rates Hold Steady At 4.25%-4.5%
The Federal Reserve just held interest rates steady at 4.25% to 4.5% in its latest policy meeting on Jan. 29. No surprises here—investors saw that coming, especially with inflation cooling and job ...
Jim Cramer on Salesforce (CRM): ‘Benioff’s Throwing Nuclear Bombs!’
We recently published a list of Jim Cramer Discusses These 10 Stocks, The Fed Chair & Lower AI Costs. In this article, we are ...
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Federal Reserve Chairman Powell on the Impact of AI
Summarize Powell's remarks about the potentials for artificial intelligence (AI) in the long-run.
Jim Cramer on NVIDIA (NVDA): ‘The Future Is Robots and Self-Driving, Not ChatGPT’
We recently published a list of Jim Cramer Discusses These 10 Stocks, The Fed Chair & Lower AI Costs. In this article, we are ...
Stock market today: Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher following a rush of profit reports from some of the country ...
Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the ...
Unpacking Trump's historic shake-up of the federal workforce
The Federal Reserve paused its rate-cutting campaign, as was widely expected. Despite urging from President Trump to lower ...
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Powell says asset prices 'elevated by many metrics' but banks, households appear resilient
Federal Reserve Chair Jerome Powell on Wednesday said asset prices appear "elevated by many metrics right now," driven in part by "this thing around tech and AI." In his news conference following the ...
Powell: Asset prices 'elevated by many metrics' with 'good part' of that due to AI, tech
Fed chair Jerome Powell said asset prices were "elevated by many metrics" and a "good part" of that is due to AI and tech.