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Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell’s term as chair does not end until May 2026. He’s insisted he won’t resign early.
The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...
Wall Street indexes closed higher on Wednesday, fueled by Federal Reserve meeting minutes indicating potential rate cuts and Nvidia's market value hitting $4 trillion.
The S&P 500 gained 51.94 points, or 0.83%, to 6,279.36 and the Nasdaq Composite gained 207.97 points, or 1.02%, to 20,601.10.
NEW YORK (AP) — U.S. stocks climbed further into record heights on Thursday after a report showed the U.S. job market looks ...
President Donald Trump on Tuesday said Chairman Jerome Powell to resign immediately, and renewed his calls for the central ...
The Australian sharemarket closed higher on Wednesday after retail sales rose less than expected in May, cementing ...
U.S. stocks hit new highs as strong jobs data boosts confidence in the economy, pushing back expectations for a Fed interest rate cut in July.
NEW YORK] Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a ...
The stronger-than-expected US jobs figures today have decreased the chances of an interest rate cut by the Federal Reserve ...
Wall Street's major indexes slipped on Monday as heightened tariff tensions dampened risk sentiment, while Tesla shares slid ...
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