Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.
Watch Fed Chair Powell speak live during a policy forum in Washington
Fed Chair Jerome Powell speaks to the Wilson Center’s Washington Forum on the Canadian Economy.
Biden administration releases draft text of student loan forgiveness plan. Here’s what borrowers need to know
The Biden administration released the draft text of its revised student loan forgiveness plan. Here’s what to know.
TGI Fridays to go public through merger with its U.K. franchisee
The new company will be publicly traded on the London Stock Exchange under the ticker “TGIF.”
IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks
The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven “surprisingly resilient” despite inflationary pressures.
Trump trial gets seven jurors seated in New York
Donald Trump is charged in New York court with falsifying records related to a hush money payment to porn star Stormy Daniels before the 2016 election.
If you’re worried about a correction and over-invested in Nvidia, replace it with these steady growth stocks instead
Nvidia shares have made an eyewatering advance this year, but the stock has dipped into negative territory this month amid concerns of a weakening macro.
Johnson & Johnson tops quarterly profit estimates as medical device sales jump
The company is benefiting from a rebound in demand for nonurgent surgeries among older adults, who deferred those procedures during the Covid pandemic.
Fire engulfs Denmark’s historic stock exchange building, iconic spire collapses
A fire broke out on Tuesday at Denmark’s nearly 400-year-old historic stock exchange building, engulfing its iconic spire, which collapsed onto the roof.
U.S. economy will see ‘more things break’ in 2025 if rates stay high, strategist says
Altaf Kassam told CNBC that classic monetary policy mechanisms had “broken.”
