Tag: Jerome Powell

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U.S. Job Growth Slows Sharply in July, Unemployment Rises

Labor market cools as Trump tariffs weigh on business hiring The U.S. labor market showed clear signs of strain in July as nonfarm payrolls rose...

Fed Holds Rates Steady Despite Trump’s Pressure

Central Bank Resists Political Push for Cuts The Federal Reserve is expected to keep interest rates unchanged this week, maintaining its cautious stance amid political...

Oil Falls to Three-Week Low Despite Trade Deal Hopes

Prices Slip on Economic Worries and Supply Growth Oil prices dropped to their lowest levels in three weeks on Friday, weighed down by weak economic...

Tech Stocks Power S&P 500, Nasdaq to New Record Highs

Strong earnings optimism and trade hopes fuel Wall Street rally U.S. stocks extended their winning streak on Monday, with the S&P 500 and Nasdaq Composite...

Powell Calls for Review Amid Fed Building Cost Dispute

Trump Pressures Fed Over $2.5 Billion Renovation Project Federal Reserve Chair Jerome Powell has requested an internal investigation into the escalating costs of renovating the...

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Ford to Relocate Headquarters After 70 Years

New building in Dearborn set to open in November For...

Brazil Coffee Exports to U.S. Plunge Amid New Tariffs

Shipments to Latin America surge as U.S. demand drops Brazilian...

Russia Cuts Rates Amid War Spending and Inflation Pressures

Central bank lowers rate to 17% to counter economic...

FTC Investigates AI Chatbots’ Impact on Children

Seven tech giants face inquiry over chatbot safety The Federal...

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