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Tag: Jerome Powell

US Federal Reserve Chair Jerome Powell speaks at the Economic Club of Chicago in Chicago, Illinois, on April 16, 2025. US President Donald Trump's tariffs will likely push up prices and constrain growth, and could put the US Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment, Powell said Wednesday. US markets fell following Powell's remarks, with the tech-rich Nasdaq Composite down 3.4 percent at around 12:50 pm local time in Chicago (1750 GMT). (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images)

Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’

President Donald Trump was critical of Federal Reserve Chair Jerome Powell on Thursday, further intensifying his feud by posting a statement on social media saying, “Powell’s termination cannot come fast enough!”

Read More Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’
NEW YORK, NEW YORK - JUNE 07: A "Now Hiring" sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City. A jobs report for the month of May released by Labor Department showed that the U.S. added employers added 272,000 nonagricultural jobs and also reported that the unemployment rate rose to 4 percent for the first time in more than two years. (Photo by Michael M. Santiago/Getty Images)

March Jobs Report Beats Expectations With 228K New Positions

The latest jobs report for the month of March came in higher than expected as the Trump administration has applauded the newest numbers. 

Read More March Jobs Report Beats Expectations With 228K New Positions
A job seeker leaves the job fair for airport related employment at Logan International Airport in Boston, Massachusetts, U.S., December 7, 2021. REUTERS/Brian Snyder/File Photo

US labor market remains stable, but job opportunities limited

The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in March.

Read More US labor market remains stable, but job opportunities limited
A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson

Wall Street gains with all eyes on Fed rate decision

Wall Street’s main indexes rose on Wednesday ahead of the Federal Reserve’s widely anticipated monetary policy decision.

Read More Wall Street gains with all eyes on Fed rate decision
The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File Photo

Nasdaq falls over 3% to six-month low on growth concerns

The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.

Read More Nasdaq falls over 3% to six-month low on growth concerns
Construction workers install windows on a nearly completed office building in San Diego, California, U.S., October 9, 2024. REUTERS/Mike Blake/File Photo

US job openings post biggest drop in 14 months

U.S. job openings dropped by the most in 14 months in December, but steady hiring and low layoffs suggested that the labor market was not abruptly slowing down.

Read More US job openings post biggest drop in 14 months

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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