Fed

Text size Federal Reserve Chairman Jerome Powell. Al…

Inflation will take top billing in the week ahead for the first full trading week of June.Investors will get the latest gauge on how quickly prices are rising across the U.S. when the Bureau of Labor Statistics releases its latest…

Microsoft Corp. isn’t the only U.S. company pointing to the dollar’s surge as a potential problem. A strong dollar has been a hot topic this week since the software giant MSFT, -1.66% and…

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WASHINGTON (AP) — President Joe Biden is set to meet with Federal Reserve Chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks.The meeting Tuesday will be the first since Biden renominated Powell to lead…

A little pre-summer cheer finally filtered its way into the stock market the week before Memorial Day, but it will likely take more than the Dow Jones Industrial Average’s first winning week since late March to…

Text size Traders working at the New York Stock Exchange.…

Billionaire hedge fund manager Bill Ackman said raging inflation will only dissipate if the Federal Reserve acts more aggressively or the market sell-off turns into a full-on collapse."There is no prospect for a material reduction in…

Retail Sales: Percent Change from Year Ago U.S. Bureau of Labor Statistics Market volatility in spades this week! On Tuesday, markets were all a-twitter (oops, can’t use that word!) over the large and…

© Reuters. FILE PHOTO: Passersby wearing protective face masks are seen in front of an electronic board showing Japan’s Nikkei share average, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan November 1, 2021.…