Walmart drops after earnings miss, Meta weakens, and traders stay cautious ahead of Powell’s Jackson Hole speech. US stocks drift lower across key indices.

To be sure, investors have reason to be cautious. Back in 2022, Powell's keynote speech at Jackson Hole stopped a torrid bear-market rally when he insisted that the central bank remained committed to ...

Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...

Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday ...

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...

Wall Street's main indexes slipped on Thursday, as cautious investors awaited clues on monetary policy from a Federal Reserve conference in Jackson Hole, while big-box retailer Walmart's quarterly ...

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.

Will Jerome Powell hint at interest rate cuts at the Jackson Hole summit? Either way, it could have a big impact on Bitcoin.

Gold prices were steady on Thursday as investors awaited U.S. Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium on Friday for signals on the central bank's policy direction.

The annual economics symposium, which begins Thursday, brings together top monetary policy officials from around the world and always makes headlines in the financial press. There are at least three ...