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A change to Medicaid’s retroactive coverage under the One Big Beautiful Bill Act will disproportionately impact seniors, who ...
Fed-funds futures traders scaled back bets on a September rate cut as Federal Reserve Chair Jerome Powell spoke to reporters Wednesday afternoon and emphasized that policymakers were prepared to ...
The Federal Reserve's policy statement included a modest downgrade to the assessment of U.S. economic growth, providing an opportunity for many traders to stick by their expectations for a ...
Federal Reserve chief Jerome Powell said the likelihood of an interest-rate cut in September will depend on upcoming reports on jobs and inflation. "We'll get two full rounds of employment and ...
Wednesday's selloff in U.S. government debt regained momentum after Federal Reserve Chair Jerome Powell mentioned the possibility that the inflationary effects of tariffs could be more persistent. Two ...
The U.S. dollar was building on this week's rebound versus major rivals as Fed Chair Jerome Powell spoke to reporters and Treasury yields jumped. The ICE U.S. Dollar Index, a measure of the currency ...
Wall Street might be too upbeat about Microsoft's M365 commercial cloud business, according to Guggenheim's John DiFucci. June- and September-quarter estimates for that part of the company imply "a ...
Shares of Nike and 3M are trading lower Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory.
Gold prices settled Wednesday with a loss as “trade and economic optimism” weighed on haven demand and boosted the dollar, Peter Grant, vice president and senior metals str ...
Wednesday's policy statement from the Federal Reserve included a dissent by two officials that is now raising the question of whether there's been a "mutiny" at the central bank. That's according to ...