Powell Says 'Downside Risks To Employment Appear To Have Risen,' Implying More Fed Cuts Are Possible
Jerome Powell appears to be implying that another rate cut is possible at the Fed's next meeting on Oct. 28-29.
Jerome Powell appears to be implying that another rate cut is possible at the Fed's next meeting on Oct. 28-29.
Government shutdowns all end eventually. The only question is how.
Treasury Secretary Scott Bessent said he still expects Presidents Donald Trump and Xi Jinping will meet, while warning that all options are open.
The first week of a government shutdown is usually the easy one. It only gets harder after that.
As Washington braces for yet another government shutdown, leading economists are offering their perspectives.
As President Donald Trump's regulators revamp bank rules, big lenders expect their capital requirements could fall, in a stunning victory for lenders.
Stocks pushed to new record highs Wednesday even as the federal government entered shutdown mode disrupting the normal operations of key agencies.