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Fed does not need to 'be in a hurry' to lower rates: Powell
Federal Reserve Chair Jay Powell said the central bank does not need to be "in a hurry" to lower interest rates due to the economy’s strength, and that the Fed would be "watching carefully" to make
U.S. surge of energy demand is concentrated among a few states. Texas is one of them
The demand for energy in the U.S. has grown rapidly throughout the last three years. The nation’s surge is concentrated among a few states, said Jeff Schmid, president and CEO of the Federal Reserve
Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week. Credit card debt climbed $24 billion over a three-month stretch ending in
Powell to Speak on Interest Rates and the Economy. Look for Clues About the Fed’s Next Rate Decision.
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday. Investors and economists will be listening closely for clues about the Fed’s
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence
‘Not Very Good News’: Trump’s First Mention at APEC Is a Warning
For three hours on Thursday morning, Donald Trump was the elephant in the room at the Asia-Pacific Economic Cooperation as speakers danced around any direct discussion of how he would shake up the
Exxon laying off almost 400 workers at Irving’s Pioneer Natural Resources
Oil giant and formerly Dallas-based ExxonMobil company is cutting 397 workers from recently acquired Pioneer Natural Resources, another blow to North Texas’ shrinking oil and gas sector. The layoffs
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday's report from the Labor
Super Micro Stock Has Made a ‘Round Trip’ From Last Year. Where It Is Headed Next, According to History.
The last few months for the server maker have been the stuff of movies, and investors could be in for a sequel.
The number of American filing for jobless claims falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs remain at relatively healthy levels. The Labor Department reported Thursday
This Farming Stock Jumped After Greenlight’s Einhorn Disclosed a Stake
Shares of farm equipment maker CNH Industrial jumped Thursday after an investor who gained notoriety by betting against Lehman Brothers during the 2008-09 financial crisis disclosed a stake.
Tech, Media & Telecom Roundup: Market Talk
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0907 GMT – ASML Holding’s decision to confirm its 2030
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