The Latest Breaking News from Tom Barkin

There's currently a "deep fog of uncertainty" that's surrounding businesses, said Barkin, CEO of the Federal Reserve Bank of Richmond.

Richmond Fed president Tom Barkin said prices are likely to start increasing as of June as most companies have enough inventory until them

June S&P 500 E-Mini futures (ESM25) are down -0.24%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.25% this morning as investors prepare for U.S. President Donald Trump’s tariff announcements while also awaiting the latest reading on U.S. job openings and manufacturing sector surveys.

June S&P 500 E-Mini futures (ESM25) are down -0.20%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.32% this morning as market participants remain cautious amid uncertainty surrounding U.S. tariffs while also awaiting the release of the Federal Reserve’s first-line inflation gauge.

December S&P 500 E-Mini futures (ESZ24) are down -0.09%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.21% this morning as investors awaited a new round of U.S. economic data and remarks from a Federal Reserve official.

December S&P 500 E-Mini futures (ESZ24) are down -0.32%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.45% this morning as risk-off sentiment prevailed due to the potential for escalating conflict in the Middle East, while investors awaited a new round of U.S. economic data and remarks from a…

The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it

The main indexes closed higher Monday after a bull call on Micron boosted several large-cap chipmakers.

The recent uptick in US inflation has weakened the case for the Federal Reserve to start cutting interest rates, a senior Fed policymaker told AFP on Thursday.