The Latest Breaking News from Jerome Powell

Macro strategist Craig Shapiro delivered a scathing critique of Fed Chair Jerome Powell’s performance over the years, pushing back against the growing narrative that casts his tenure in a positive light.

The past week has been a rollercoaster ride for the U.S. economy. From a rare warning sign in the labor market to a surprising jobs report, the week was filled with unexpected turns. The gold market saw a potential rise, while the Federal Reserve faced criticism from President Donald Trump.…

While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency experts to warn of greater financial market turmoil ahead.

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.99%. September E-mini S&P futures (ESU25 ) rose +0.77%, and September E-mini Nasdaq futures...

The dollar index (DXY00 ) today is up +0.36%. The dollar is higher after the stronger-than-expected US payroll report of +147,000 suggested continued strength in the US economy. The dollar is also seeing support from improved interest rate differentials, with the 10-year T-note moving higher by +5 bp. The dollar...

Social media declaration comes after Federal Housing Finance Agency head accuses Fed chief of lying to lawmakers.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.65%. September E-mini S&P futures (ESU25 ) are up +0.46%, and September E-mini Nasdaq futures...

Economists anticipated drop, but 8,000 new positions were added in June compared with May, with unemployment rate down to 4.1%

Trump got an advance look at the jobs number last night and then raged against U.S. Federal Reserve Chairman Jerome Powell on social media.