Jerome Powell's Jackson Hole Speech
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NFL player and former J.H. Rose football star, Cornell Powell, hosted his second annual back-to-school giveaway in Greenville today. People lined up outside of FlyerCutz barbershop as early as 5 a.m.
The Fed may need to cut rates at its next meeting due to growing risks to the economy, including some “unusual” behavior in the job market that could become a cause for concern, Fed Chair Jerome Powell said Friday.
Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown coincides with tariff-driven price increases, putting pressure on both sides of the Fed's dual mission to maximize employment and control inflation.
Donald Trump seems ready to do anything to get lower interest rates. The Fed might offer a cut in September; however, be wary of anyone’s certainty past then.
The job market is on such shaky ground that the Federal Reserve may soon need to cut interest rates to support the economy, Fed Chair Jerome Powell said Friday at a key central banking forum.
Houston Texans wide receiver Cornell Powell catches a 20-yard pass from quarterback Kedon Slovis against the Detroit Lions.
Wall Street's main indexes ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled into stocks after U.S. Federal Reserve Chair Jerome Powell hinted at a near-term interest-rate cut during his Jackson Hole Symposium speech.
Wall Street cheered remarks from Federal Reserve Chair Jerome Powell in Jackson Hole opening the door to a rate cut in September.