Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

He highlighted that while the labor market remains strong and the economy continues to demonstrate 'resilience,' downside risks are building.

Shares of Tesla surged Friday, amid a broader market rally fueled by optimism about the prospect that the Federal Reserve ...

The Dow Jones Industrial Average adds 1.9 per cent to 45,631.74. Read more at straitstimes.com. Read more at straitstimes.com ...

Stocks closed significantly higher on Friday after a Federal Reserve Chair Jerome Powell signaled a possible interest rate ...

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, something President Trump has been agitating for.

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

Wall Street's main indices ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled ...

Wall Street has gone ballistic overnight — with the Dow Jones surging to a record high — as US Federal Reserve chief Jerome ...