Tag: jerome powell
The Latest: DOJ subpoenas central bank and threatens criminal indictment, Fed Chair Powell says
Federal Reserve Chair Jerome Powellsaid Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment...
Stock futures slide while gold and silver jump after Powell investigation raises fears over the Fed’s independence | Fortune
U.S. equity futures fell sharply Sunday night after Federal Reserve Chair Jerome Powell confirmed that he is under investigation related to testimony he gave...
Strip out health care and social services, and the U.S. lost jobs in 2025—something that usually happens in recessions | Fortune
Without hiring from the health care and social assistance industries, the U.S. economy lost jobs in 2025—an uncomfortable reality hidden beneath modest payroll gains...
Trump says he still might fire Powell as Fed chair pick looms | Fortune
President Donald Trump teased that he has a preferred candidate to be the next chair of the Federal Reserve, but is in no hurry...
No one’s happier about calls for a ‘backseat Fed’ than Fed insiders who were targeted by the White House this year | Fortune
With Trump 2.0, markets and the media knew they would get their fair share of double-takes. For me, the image that springs to mind...
Hassett says Federal Reserve can reject Trump’s views if he is chair
WASHINGTON – A leading candidate to be President Donald Trump's choice for Federal Reserve chair said that he would present the president's views to...
Jerome Powell faces a credibility issue as he tries to satisfy hawks and doves on the most divided Fed in recent memory | Fortune
With the Federal Reserve split between increasingly hawkish and increasingly dovish policymakers, Chairman Jerome Powell is due to perform some serious log-rolling when the...
Wall Street is in a risk-on mood as it waits for Powell to deliver on the ‘Fed put’ | Fortune
Yesterday was the 96th anniversary of Black Monday, the day the Dow Jones index fell 13%. This began a period of chaotic selling that...
Former BLS chief warns Powell is “flying blind” at a pivotal time for the Fed | Fortune
The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no economic data available.
The government...
Jerome Powell says Gen Z without tech skills are getting crushed in the ’low-hire, low-fire’ job market—and colleges are failing them | Fortune
Federal Reserve Chair Jerome Powell issued a warning to young workers on Tuesday: if you don’t have technology skills, you’ll be left behind in...
