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The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Joseph Lavorgna, Counselor to Treasury Secretary Scott Bessent, shares his opposing thoughts on Federal Reserve Chair Powell stating interest rates need to stay high to make sure President Trump's ...
US stocks closed well off earlier highs after a choppy session on Wednesday, as Federal Reserve chair Jerome Powell chilled ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Shares of technology companies rose slightly ahead of Microsoft's earnings. Microsoft's shares surged in late trading after booming artificial-intelligence demand buoyed its cloud-computing unit's ...
A sharp drop in imports triggered by President Donald Trump tariff policy helped boost US economic growth between April and ...
Powell was not buying it one bit. He whipped out his glasses to read the document, and found that Trump was playing his old games – the $3.1 billion estimate included the cost of a third building that ...
Tech giants Meta Platforms and Microsoft reported solid quarterly results Wednesday afternoon. Shares of both companies ...
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