The Latest Breaking News from Jerome Powell

During the 1966-1976 Cultural Revolution, Mao Zedong pushed for the closure of Chinese universities, seeing higher education as little more than a breeding ground for counterrevolutionary bourgeois intellectuals. After closing for a period, China’s universities reopened on a limited basis from 1970, with selection criteria based on class background, revolutionary…

Asian shares are trading mixed, as Wall Street’s big recent rally lost some momentum following a pair of potentially discouraging reports on the American economy

The yields on the 2-year and 10-year Treasury notes fell sharply after a pair of weak economic reports.

The S&P Global UK services purchasing managers’ business activity index rose to 50.9 points in May.

Jerome Powell has repeatedly defied Trump with interest rate decisions and statements about tariffs

Grant Cardone slams Jerome Powell, blaming high interest rates for harming real estate, small businesses, and potentially aiding political motives.

Jamie Dimon, Warren Buffett, Ray Dalio, Jerome Powell—and now Elon Musk, are all sounding the alarm on America's national debt.

The new uncertainty is the same as the old uncertainty, which is fine with investors, traders and speculators.

Services inflation is sticky, wages are rising, and rate cuts are a fantasy. Are we entering a high-rate era with no off-ramp?

Following last week's dramatic market moves driven by escalating trade tensions and NVIDIA's earnings results, this week shifts focus to a comprehensive assessment of U.S. economic health through a packed calendar of labor market and business activity indicators. Here are 5 things to watch this week in the Market.

Powell laid down the law to Trump on the Fed's independence decision-making, but Trump doesn't seem to be getting the message.