Federal Reserve Chair Jerome Powell said Friday that the weak job market may soon force the Fed to cut interest rates. He ...

At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

Fed’s Musalem says he will assess inflation, job market, and economic data before deciding on a September interest rate cut ...

Wall Street rallied to its best day in months after the head of the Federal Reserve hinted that cuts to interest rates may be ...

Traders boosted bets on a September rate cut after Powell’s comments, now placing a nearly 90% chance of a reduction, versus ...

This is all a reminder that one should never take what Fed mouthpieces say as reliable insights into present or future ...

Fed Chair Jerome Powell announces updated framework, shifting back to traditional inflation targeting and price stability, ...

Builders FirstSource and other home building stocks jump as Federal Reserve Chairman Jerome Powell signals interest-rate cuts ...

US Federal Reserve Chair Jerome Powell has opened the door ever so slightly to lowering a key interest rate in the coming months.

Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...

The dollar dropped broadly on Friday after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central ...