4-minute read Reuters | NorthJersey.com Trump: I won’t try to replace Fed chief Powell Donald Trump says he won’t try to oust Federal Reserve Chair Jerome Powell. Speaking to NBC News in an interview that aired Sunday, the president-elect said…
U.S. stocks plummeted in one of their worst days of the year after the Federal Reserve forecast Wednesday it may deliver fewer shots of adrenaline for the economy in 2025 than it had earlier projected. The S&P 500 fell 178…
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images Stock futures are little changed Wednesday night as investors adjust to a new, sobering reality for financial markets. Futures tied to…
NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. WATCH: Fed Chair Powell…
US stocks plummeted Wednesday after the Fed cut rates but dialed back the outlook for easing next year. The central bank cut rates by 25 basis points but projected only two rate cuts in 2025. Bond yields spiked as markets…
The Dow Jones Industrial Average opened higher but closed lower for a 10th consecutive trading session, and the S&P 500 and the Nasdaq Composite gave up early gains, too, as markets processed what could be the Federal Reserve’s last rate…
New York CNN — The Dow plunged Wednesday on a disappointing outlook from the Federal Reserve. In the process, the blue-chip index extended its losing streak to 10 days — the longest such stretch since Gerald Ford was president. The…
The FCA has launched a consultation on the proposed launch of a new private stock market called Pisces. Here’s a look at how it would work. ADVERTISEMENT If successful, the new private stock market could generate a pipeline of companies…
European stocks close slightly higher European stocks closed slightly higher on Wednesday, as investors awaited the latest monetary policy decision from the U.S. Federal Reserve. The pan-European Stoxx 600 provisionally ended up 0.16%, with major bourses in the green and…
Nvidia (NVDA) stock jumped more than 3% early Wednesday as Wall Street analysts reiterated their Buy ratings on the stock despite concerns about rising competition and the possibility that AI chip demand could wane. Shares had ended Tuesday down 12%…