News

Stock market today: Dow slides as tariffs kick in, Nasdaq rises as Trump signals chip carveout
US stocks were mixed Thursday as President Trump's sweeping tariffs hit dozens of US trade partners after his self-imposed ...
Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Who’s on Trump’s shortlist for Jerome Powell’s replacement at The Fed
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
Waller makes strongest call yet for rate cut in July, underscoring Fed divide
Federal Reserve governor Christopher Waller made his strongest call yet for a rate cut in July as he again argued that any ...
Fed's Bowman and Waller Explain Why They Voted for Rate Cuts
Federal Reserve governors Michelle Bowman and Christopher Waller favored an interest-rate cut this week because they have ...
Federal Reserve’s Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been ...
Fed’s Waller, Bowman Cite Labor-Market Worries for Dissents
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...