Economy
The Fed
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Federal Reserve Chair Janet Yellen said while inflation has undershot the Fed's target, removal of stimulus is "working well." » Read More
By: Jeff Cox
President Donald Trump's options for the future Federal Reserve leadership could include not one but two of the top contenders. » Read More |
Gold prices fell on Friday following the U.S. Senate's progress in pursuit of tax cuts. » Read More |
The dollar rose as progress on U.S. tax reforms raised prospects of a fiscal lift to the economy. » Read More |
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President Donald Trump has a pool of five candidates to choose from for the next chair of the Federal Reserve.
The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation about the Federal Reserve head.
"A regime change can be a little more rattling and unnerving for markets," said Ryan Sweet at Moody's Analytics.
U.S. industrial output was expected to bounce back in September.
Jim Cramer searched for his ideal stock and found the major theme popping up in the market’s hottest names.
If the president appoints Yellen to another term as the nation's top central banker, it will be a sharp turn from his prior stance.
Reducing the corporate tax rate will result in pay increases for American workers, Kevin Hassett says.
The dollar gained slightly on Monday as investors repositioned after the greenback hit its lowest levels in more than two weeks on Friday.
Sri-Kumar believes stocks would be better served in the long-run with hawkish Kevin Warsh as the next Fed chair.
U.S. stock futures were higher this morning after stocks hit record highs on Friday.
The Fed will probably need to raise interest rates in December and then three or four times "over the course of next year," Boston Fed President Eric Rosengren said.
Yellen's comments suggest the Fed will soon resume raising interest rates to reflect the strengthening economy.
The relationship between gold and bonds could be on the verge of going bust.
"But every one-tenth of 1 percent is producing jobs, and it would be a shame not to do it," JPMorgan's Jacob Frenkel adds.
"Janet is a safe pair of hands," Stanley Fischer tells CNBC on his last day as vice chairman of the Federal Reserve.
Forcing the Fed to hew to a specific rule for setting monetary policy could lead to "large policy mistakes," a U.S. central banker argued.
U.S. consumer prices recorded their biggest increase in eight months in September as gasoline prices soared.
Futures were modestly higher this morning, pointing to the likelihood of another week of gains on Wall Street.
European stocks finished Friday's session mostly higher, with a strong uptick in commodities helping prop up sentiment.
Moritz Kraemer, S&P's sovereign global chief ratings officer, discussed the impact of a failure to raise the U.S. debt ceiling
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