The Latest Breaking News from Jerome Powell

U.S. stocks rallied sharply in November, which lowers the odds of a "Santa Claus" rally in December. Markets might still see some upward movement during the month, though, as valuations don't seem too high - if not outright cheap.

The capital regulation plan known as Basel III Endgame will increase capital requirements by 20% or more for the eight largest U.S. banks.

"The primary risk that could knock us off course is a Federal Reserve that remains fixated on inflation fears."

Pope Francis continues to be the only Latino to ever receive the magazine's award in 2013

December S&P 500 futures (ESZ23) are down -0.34%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.46% this morning as U.S. Treasury yields climbed at the start of a busy week of economic data, with all eyes on Friday’s nonfarm payrolls report that could influence the outlook for U.S.…

Bitcoin was up 5.2% for the week, followed by the Russell 2000 small caps index, which was up 3.5%. These gains outperformed the 0.2% tech-heavy Nasdaq 100 Index gains and the S&P 500 index's 0.9% gains.

Gold hit a fresh record Monday on growing optimism the Federal Reserve will cut interest rates in the new year, with traders shrugging off boss Jerome Powell's attempts to temper expectations.

Fed Chair Powell poured cold water on potential rate cuts, but stocks jumped anyway.

The Dow Jones rose and hovered near session highs after Fed chair Powell's cautious stance. Tesla fell after its Cybertruck launch on Thursday.

It is still "premature" to speculate on when the US Federal Reserve will start cutting interest rates despite the bank's recent progress on inflation, Fed Chair Jerome Powell said Friday.

Federal Reserve chair Jerome Powell failed to quiet rate-hike talk after ISM data showing a drop in manufacturing jobs. The S&P 500 rallied.