News

Remarks from Fed Chairman Jerome Powell sparked a broad stock market rally on hopes of an interest rate cut sooner than later.

Massive inflows into pockets of the ETF market may be approaching their peak, setting up for a pandemic-like correction, one expert warns.

Multiple current and former Fed officials are speaking up as Federal Reserve Governor Lisa Cook faces attacks from the Trump administration.

In a CNBC interview, the policymaker did not share the market's enthusiasm for a cut.

Markets were looking for Powell to provide strong hints about a September interest rate cut.

Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty.

Job "switchers" generally see wages grow at a faster pace than those who stay in their current role. However, that trend has reversed.

Walmart lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. The big-box retailer ended Thursday as the Dow's biggest loser.

In an exclusive interview with CNBC, Quan Gang, president of China's Roborock, said human-like robots will become part of many households by 2030.

Powell is set to deliver what almost certainly will be his last keynote address at the central bank's annual conclave.

If a reduction in the immigrant labor force is sustained, it would likely pose problems for the U.S. economy, some economists said.

The policymaker pushed back on market pricing that points strongly to the FOMC lowering its key borrowing rate next month.