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Tag: Jerome Powell

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
FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic

Bitcoin tops $106,000, hopes grow for strategic reserve

Bitcoin hit a record high above $106,000 after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve.

Read More Bitcoin tops $106,000, hopes grow for strategic reserve
People line up outside of Macy's flagship store before opening on Black Friday, in New York City on November 29, 2024. The annual Black Friday shopping day has always been about finding the best deals, but this year retailers are preparing for a US consumer more zealously fixated than ever on getting value for their money. (Photo by Adam GRAY / AFP) (Photo by ADAM GRAY/AFP via Getty Images)

U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row

The latest report revealed by the Labor Department showed that U.S. inflation rose in November from the pace it set a month earlier, going up for the second month in a row.

Read More U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row
Jerome Powell (Photo by Bonnie Cash/Getty Images), Kate Middleton (Photo by Stephen Pond/Getty Images), Kamala Harris (Photo by Andrew Harnik/Getty Images), Yulia Navalnaya (Photo by Sean Gallup/Getty Images), Claudia Sheinbaum (Photo by Manuel Velasquez/Getty Images), Joe Rogan (Photo by Christian Petersen/Getty Images), Benjamin Netanyahu (Photo by Anna Moneymaker/Getty Images), Donald Trump (Photo by Anna Moneymaker/Getty Images), Mark Zuckerberg (Photo by Alex Wong/Getty Images), Elon Musk (Photo by Dimitrios Kambouris/Getty Images for The Met Museum/Vogue)

Time Reveals Short List For Its 2024 ‘Person Of The Year’ 

Time Magazine has revealed their short list of ten influential people for its 2024 Person of the Year.

Read More Time Reveals Short List For Its 2024 ‘Person Of The Year’ 
Chair of the Federal Reserve of the United States Jerome Powell speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing on the Semiannual Monetary Policy Report to Congress at the U.S. Capitol on July 9, 2024 in Washington, DC. Powell in earlier remarks was quoted, "we want to be more confident that inflation is moving sustainably down toward 2% before we start the process of reducing or loosening policy." (Photo by Bonnie Cash/Getty Images)

Trump Says He Won’t Try To Remove Fed Chair Jerome Powell Despite Past Disagreements

President-elect Donald Trump stated that he will not remove Federal Reserve Chair Jerome Powell. 

Read More Trump Says He Won’t Try To Remove Fed Chair Jerome Powell Despite Past Disagreements

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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