The Latest Breaking News from Powell

U.S. stocks pared losses toward the end of trading, with the Dow Jones dropping just 40 points on Monday.

  Gold Sees Light at the End of the Fed’s Tightening Tunnel The FOMC hiked rates by 75 basis points in July. However, the recession drums are getting louder, and gold likes such music.

U.S. stocks extended losses midway through trading, with the Nasdaq Composite dropping over 300 points on Friday.

Usually, Thursdays are a great day for commentaries, because Fridays tend to be low-volatility and volume days. Occasionally, this isn’t the case like today for instance. Tomorrow, there is the inflation report and Chair Powell’s speech at Jackson Hole. Both of these are going to be major factors in determining…

So holds a federal district court, also stressing that "this case does not involve banning books": "A school district does not 'ban' a book when ... it 'decides not to continue possessing [a] book on its own library shelves.'"

Alice Powell ended Jamie Chadwick's W Series winning streak with a lights-to-flag victory at the Hungaroring, fending off late pressure from the reigning champion to clinch the win.

Alice Powell has ended Jamie Chadwick’s W Series winning streak with a lights-to-flag victory at the Hungaroring, fending off late pressure from the reigning champion to clinch the win.

Alice Powell has grabbed pole position for the W Series Hungarian round with a stunning late lap, as defending champion Jamie Chadwick qualified down in fifth place.

The report, which has received strong pushback from the Fed, says Chinese officials tried to recruit top economists to share sensitive information.