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Jerome Powell

U.S. jobs growth kicked off with a bang

by Walter Watson
U.S. jobs growth kicked off with a bang

A “Now Hiring” sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 2023. David Paul Morris | Bloomberg | Getty Images This report …

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Wall Street heads into the week ahead as traders worry the rally is running out of steam

by Walter Watson
Wall Street heads into the week ahead as traders worry the rally is running out of steam

Wall Street continues to climb a wall of worry even as investors deliberate how much longer equities can maintain their record run. The stock rally continued on Friday , with …

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Investors are unlikely to dump cash and lock in yields in bonds, JPMorgan says

by Walter Watson
Investors are unlikely to dump cash and lock in yields in bonds, JPMorgan says

Despite all the chatter about cash on the sidelines moving into the market, JPMorgan believes that money, for the most part, is staying put. Cash has flowed into money market …

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Earnings, central bank policy in focus

by Walter Watson
Earnings, central bank policy in focus

LONDON — European markets moved higher on Friday to close out a busy week of corporate earnings and major central bank decisions. The pan-European Stoxx 600 was up 0.6% in early trade, …

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More mega tech earnings in spotlight

by Walter Watson
More mega tech earnings in spotlight

The share price of Facebook stock is seen at the Nasdaq stock market in New York. Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. …

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(AS) starts trading on NYSE

by Anas Siddiqui
(AS) starts trading on NYSE

Wilson products at the Paragon Sports store in the Chelsea neighborhood of New York on Jan. 4, 2024. Jeenah Moon | Bloomberg | Getty Images Amer Sports, the Finnish athletic …

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Wall Street adjusts its expectations for when Fed starts cutting rates

by Walter Watson
Wall Street adjusts its expectations for when Fed starts cutting rates

Though it took some pretty explicit talk from Fed Chair Jerome Powell, the market finally seems to have gotten the message that a March rate cut isn’t in the cards. …

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Bitcoin Set For Weekend Rally Amid New Banking Crisis: Hayes

by Isaac Wright
Bitcoin Set For Weekend Rally Amid New Banking Crisis: Hayes

Arthur Hayes, the founder of BitMEX, has offered an in-depth analysis of the current financial landscape and its potential impact on Bitcoin, especially in light of the recent challenges faced …

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Dashed hopes for March rate cuts

by Ron Morgan
Dashed hopes for March rate cuts

Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Fed not cutting rates, Caixin PMI

by Walter Watson
Fed not cutting rates, Caixin PMI

Shanghai Pudong district at sunrise Dukai Photographer | Moment | Getty Images Asia-Pacific markets fell after the U.S. Federal Reserve signaled it was unlikely to cut rates in March. Overnight, …

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