Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.

Federal Reserve Chair Jerome Powell is preparing to deliver what’s likely his final keynote at the Fed’s annual Jackson Hole gathering.

Markets interpreted Powell’s Jackson Hole remarks as dovish, anticipating a September rate cut, fueling a strong rally in stocks and bonds. Read more here.

U.S. stocks opened lower Monday, consolidating after posting a Friday rally that drove the Dow Jones Industrial Average to its first record close of 2025 and turned the S&P 500 positive on the week. T

Stocks closed lower on Wall Street after a big jump last week on hopes for interest rate cuts from the Federal Reserve

Wall Street's main indexes dipped on Monday, retreating from gains made in the previous session after U.S. Federal Reserve Chair Jerome Powell hinted that an interest-rate cut could be considered at next month's central bank meeting.

For months, Powell has largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. Yet on Friday, in a highly-anticipated speech, Powell suggeste

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House's demands.

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White