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Elon Musk backs call to ‘#EndTheFed’ after Jerome Powell says he won’t resign early

Tesla CEO Elon Musk expressed support for an idea to give presidents more control over the Federal Reserve, which could...

Bond Market on Risky Path as Traders Regroup From Turbulent Week

(Bloomberg) -- The bond-market selloff unleashed by Donald Trump’s presidential victory last week ended almost as quickly as it began....

Inflation and retail sales data greet a roaring stock market rally: What to know this week

All three major indexes pressed to record highs after Donald Trump won the 2024 presidential election.For the week, the S&P 500 (^GSPC) and the...

US Inflation Progress Gets Harder in Last Mile Down

(Bloomberg) -- US inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in...

Charting the Global Economy: Trump Win Reverberates Around the World

(Bloomberg) -- Donald Trump’s decisive win of the US presidential election has world leaders already preparing for how his next...

Inflation expectations fall to lowest level since December 2020

Americans are feeling increasingly better about the short-term path for inflation. The latest consumer sentiment survey from the University of...

Morning Bid: Post-election Wall St booms as Fed cuts, China spurs

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P500 looks poised to...

US, UK and Sweden pile on rate cuts

By Alun John and Dhara Ranasinghe LONDON (Reuters) - The United States, Britain and Sweden all cut interest rates this...

Asian Shares Echo US Gains as Focus Turns to China: Markets Wrap

(Bloomberg) -- Asian equities rose Friday after stocks and bonds and commodities all advanced in the US as the Federal...

Morning Bid: ‘Risk on’ as Powell signals Fed still on easing track

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets on Friday round off...

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady...

Federal Reserve is set to cut rates again while facing a hazy post-election outlook

WASHINGTON (AP) — No one knows how Tuesday's presidential election will turn out, but the Federal Reserve's move two days...

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