Australian shares are set to open higher, oil extends collapse amid ceasefire, volatility index tumbles. May monthly CPI data ...

Rep. Mike Lawler, R-N.Y., asked if the Fed’s in a position to cut rates in July, to which Powell responded, “If it turns out ...

Powell particularly said he would not open the door to a rate cut at the Fed's July meeting, as two of his colleagues ...

Wall Street's S&P 500 approached a record high following a ceasefire announcement regarding Israel and Iran, coupled with ...

In Dubai, the main share index soared 3.4 per cent, marking its largest intraday gain since December 2024. Emaar Properties, ...

Congresswoman Brittany Pettersen (D-CO) brought her six-month-old baby, Sam, with her to question Federal Reserve Chair ...

Federal Reserve Chair Jerome Powell indicated to Congress that potential tariff-driven inflation this summer will influence ...

The S&P 500 rose 1% Tuesday and got back within 1% of its record. The Dow Jones Industrial Average added 422 points, and the ...

Federal Reserve Chair Jerome Powell declined to endorse the view that tariffs will lead to only muted price pressures and the Fed shouldn't delay rate cuts much longer, in his testimony Tuesday. His ...

Powell will testify before the House Financial Services Committee and Senate Banking Committee, along with other Fed ...

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...

US Federal Reserve Chair Jerome Powell will tell Congress Tuesday that the central bank can afford to wait for the impact of ...