The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.

Federal Reserve Governor Lisa Cook said Wednesday she will not be pressured to resign over questions raised on social media, ...

Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...

Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...

A U.S. Justice Department official urged Federal Reserve Chair Jerome Powell to remove Lisa Cook from the Federal Reserve's ...

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday ...

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...

U.S. stock indexes are edging lower on Thursday as Walmart drags Wall Street toward a fifth straight loss and hopes dim a bit for coming cuts to interest rates. The S&P 500 ...

President Trump and his allies have accused Federal Reserve Chair Jerome Powell of dragging his feet on interest-rate cuts, in an unprecedented pressure campaign. Here are some of the ways Powell has ...

Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the day. Subscribe to the Daily News Brief to receive it every weekday morning.Top ...

The latest economic report comes as Federal Reserve officials gather in Jackson Hole, Wyoming, for their annual summer retreat. Fed Chairman Jerome Powell will hold a press conference Friday morning ...