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Treasury yields resume rise after Powell mentions risk of persistent inflation from tariffs
Wednesday's selloff in U.S. government debt regained momentum after Federal Reserve Chair Jerome Powell mentioned the possibility that the inflationary effects of tariffs could be more persistent. Two ...
Traders see opening for a September rate cut in Fed statement, even though Powell refuses to go there
The Federal Reserve's policy statement included a modest downgrade to the assessment of U.S. economic growth, providing an opportunity for many traders to stick by their expectations for a ...
U.S. dollar index highest since May as Powell speaks
The U.S. dollar was building on this week's rebound versus major rivals as Fed Chair Jerome Powell spoke to reporters and Treasury yields jumped. The ICE U.S. Dollar Index, a measure of the currency ...
Powell says upcoming jobs and inflation reports are key to potential interest-rate cut
Federal Reserve chief Jerome Powell said the likelihood of an interest-rate cut in September will depend on upcoming reports on jobs and inflation. "We'll get two full rounds of employment and ...
Meta Platforms, Inc. (META) Has To Raise CapEx, Says Jim Cramer
We recently published 10 Stocks On Jim Cramer’s Mind As He Discussed A “Weird Number”. Meta Platforms, Inc. (NASDAQ:META) is ...
Stifel banker cautions on 'pockets of speculation that feel disconnected from fundamentals'
Stifel Financial Corp.'s Chief Executive Ronald James Kruszewski on Wednesday warned of a "brief pullback" in financial markets due to more speculative behavior of late. "We've seen a reemergence of ...
After Fed statement, fed-funds futures point to potential September rate cut
The federal-funds futures market indicated Wednesday afternoon that the Federal Reserve may cut interest rates in September, as the traders assessed the Fed’s latest policy statement. Traders in the ...
Annex Wealth raises question of whether there's a 'mutiny' at the Fed
Wednesday's policy statement from the Federal Reserve included a dissent by two officials that is now raising the question of whether there's been a "mutiny" at the central bank. That's according to ...
Gold prices end lower as GDP data boost dollar, extend losses after Fed decision
Gold prices settled Wednesday with a loss as “trade and economic optimism” weighed on haven demand and boosted the dollar, Peter Grant, vice president and senior metals str ...
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Fed holds interest rates steady. Will September bring a rate cut? Live updates
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
How Meta is in a unique position with its AI efforts
Meta occupies a unique position in the artificial-intelligence era, one fund manager says, because of its ability to harness data. The Facebook parent company isn’t just pouring out money for AI ...
2-year Treasury yield pares earlier rise after Fed statement
The yield on 2-year U.S. government debt pulled back from an earlier rise on Wednesday after a divided Federal Reserve left interest rates unchanged. The policy-sensitive 2-year Treasury yield was up ...