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%.

After several decades in which economic technocrats enjoyed a large degree of autonomy, they are now under intense pressure ...

Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to keep accelerating due to a ...

A jump in the share of foreign-born workers after the pandemic helped Europe bring inflation down without sharply slower ...

David Burt, the Premier, has returned after leading a delegation to the 2025 Wyoming Blockchain Symposium in Jackson Hole, ...

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

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

Wall Street is holding relatively steady ahead of a highly anticipated speech about where U.S. interest rates may be heading.

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

Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance assessed one day earlier, according to CME FedWatch Tool, a measure of market ...