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US stocks drift as Wall Street heads for the finish of a big winning week
May 16, 2025

US stocks drift as Wall Street heads for the finish of a big winning week

U.S. stocks edge higher as Wall Street wraps up a strong week, lifted by easing inflation and a tariff truce between the U.S. and China.

Wall Street wobbles ahead of new retail sales data and public appearances by Fed officials
May 14, 2025

Wall Street wobbles ahead of new retail sales data and public appearances by Fed officials

Wall Street trades flat as investors await retail sales data and Fed signals on interest rates amid U.S.-China trade pause and cooling inflation.

Specialist Michael Pistillo works at his post on the floor of the New York Stock Exchange, Monday, May 12, 2025. (AP Photo/Richard Drew)
May 13, 2025

Wall Street climbs following a slowdown in inflation as the S&P 500 erases its loss for 2025

U.S. stocks rise as inflation slows and tech shares surge. AI stocks lead gains, while tariffs and Fed policy keep investors cautious.

Powell says Federal Reserve can wait on any interest rate moves
May 7, 2025

Fed holds interest rate at 4.3% amid tariff and inflation uncertainty

The Fed kept rates steady at 4.3%, citing rising risks of inflation and unemployment due to Trump’s sweeping tariffs on imports from China and beyond.

FILE - In this July 31, 2019, file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. (AP Photo/Manuel Balce Ceneta, File)
May 7, 2025

Fed holds rates steady amid tariff-driven inflation risk

The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.

Wall Street gains ground as China shores up its economy ahead of trade talks with the US
May 7, 2025

Wall Street gains ground as China shores up its economy ahead of trade talks with the US

Stocks fluctuated as China rolled out new economic support and U.S. trade talks loom, while tech shares and tariff worries pressured markets.

Federal Reserve likely to defy Trump, keep rates unchanged this week
May 5, 2025

Federal Reserve likely to defy Trump, keep rates unchanged this week

The Federal Reserve is expected to hold interest rates steady despite pressure from Trump and tariff concerns, as inflation remains above target.

US inflation cools and Americans step up spending as they brace for tariff impact
Apr 30, 2025

US inflation cools and Americans step up spending as they brace for tariff impact

Inflation slowed to 2.3% in March while consumer spending jumped, especially on cars, ahead of Trump's tariffs. Fed expected to hold interest rates.

Wall Street’s rally fades as more CEOs talk about uncertainty because of Trump’s trade war
Apr 25, 2025

Wall Street’s rally fades as more CEOs talk about uncertainty because of Trump’s trade war

Wall Street’s rally stalls as macroeconomic uncertainty, weak forecasts, and shifting tariffs weigh on stocks. Big Tech helps limit broader losses.

Sell-off worsens worldwide and Dow drops 1,200 after China retaliates against Trump tariffs
Apr 23, 2025

Stock market today: Markets bounce after Trump says he won’t try to fire Fed Chair Powell

U.S. markets are poised to open with big gains, a clear sign of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve. Futures for the Dow Jones Industrial Average jumped 1.9% before the bell Wednesday, while S&P 500 futures rose 2.6%. Nasdaq futures climbed a full 3%. Trump, […]

President Donald Trump speaks with reporters as he participates in a ceremonial swearing in of Paul Atkins as chairman of the Securities and Exchange Commission, in the Oval Office of the White House, Tuesday, April 22, 2025, in Washington. (AP Photo/Alex Brandon)
Apr 22, 2025

Trump says he has ‘no intention’ of firing Federal Reserve chair

President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff. Trump told reporters, “I have no intention of firing him." The U.S. president had previously insinuated otherwise as he said he could fire Powell if he wanted to, having been[...]

US Treasury secretary says trade war with China is not ‘sustainable’
Apr 22, 2025

US Treasury secretary says trade war with China is not ‘sustainable’

WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies. But in a private speech in Washington for JPMorgan Chase, Bessent also cautioned that talks between the United States […]

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