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Jerome Powell

Bull market breaks its stride with the S&P 500’s first 2% dip in a long while

by Walter Watson
Bull market breaks its stride with the S&P 500’s first 2% dip in a long while

Was that a change in the market’s character last week, or is it still the same old bull? Thursday’s late air pocket in the indexes makes the question at least …

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Venture deals in U.S. fell to lowest level since 2017 in Q1: PitchBook

by Edgar Davis
Venture deals in U.S. fell to lowest level since 2017 in Q1: PitchBook

Omar Marques | Lightrocket | Getty Images Even with hot artificial intelligence startups scoring hefty investment rounds at massive valuations, the broader venture funding environment remains ice cold. Deal volume …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange during afternoon trading on April 02, 2024 in New York City.  Michael M. Santiago | Getty Images U.S. stock …

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CNBC Daily Open: Disney wins proxy fight

by Walter Watson
CNBC Daily Open: Disney wins proxy fight

Robert Iger, President and CEO of Walt Disney Company announces a $5 million dollar donation with Mickey Mouse for the New Hospital Building at Children’s Hospital Los Angeles, October 30, …

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U.S. Treasury yields in focus as investors track economic data

by Walter Watson
U.S. Treasury yields in focus as investors track economic data

The 10-year Treasury yield was near flat after briefly reaching a new high for the year on Wednesday. The benchmark rate slipped less than 1 basis point to 4.363%. At …

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Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

by Walter Watson
Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will …

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Don’t sweat the prospect of no Fed rate cuts, economist says

by Walter Watson
Don’t sweat the prospect of no Fed rate cuts, economist says

Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images …

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U.S. labor market is in ‘good shape’

by Walter Watson
U.S. labor market is in ‘good shape’

A “Hiring” signs at a restaurant in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC …

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US stocks hit records as Federal Reserve confirms plan for 2024 interest rate cuts

by Anas Siddiqui
US stocks hit records as Federal Reserve confirms plan for 2024 interest rate cuts

Major Wall Street indices surged to fresh records on Wednesday after the Federal Reserve reaffirmed plans for interest rate cuts in the coming months, cheering investors who had feared a …

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Markets surge on Fed rate-cut signals

by Walter Watson
Markets surge on Fed rate-cut signals

A trader works, as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 20, 2024.  Brendan …

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