Fed Chair Powell says central bank doesn’t ‘need to be in a hurry’ to lower interest rates further

Key Points

Fed Chair Jerome Powell reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to get interest rates lower.
Powell’s comments came in the first of two appearances this week on Capitol Hill.

Source

Finance

AI drives growth for a few Chinese companies. Analysts share their picks

May 25, 2025

Source

Finance

Stocks making the biggest moves midday: Apple, Ross Stores, Intuit, Booz Allen Hamilton and more

May 23, 2025

Check out the companies making headlines in midday trading: Booz Allen Hamilton — Shares of the consulting firm lost 15% after Booz Allen Hamilton said it would cut roughly 2,500 jobs, or 7% of its workforce, citing a slowdown in some government spending under the Trump administration and expected ongoing pressure on its business in […]

Finance

Stocks making the biggest moves premarket: Apple, Tesla, Intuit, Ross Stores and more

May 23, 2025

Check out the companies making headlines before the bell: Apple — The tech giant saw shares fall 3.5% in premarket trading after President Donald Trump said in a social media post that Apple will have to pay a tariff of 25% or more for iPhones made outside the U.S. Nuclear stocks — Stocks tied to […]