Fed Chair Powell speaks on Capitol Hill this week with politics front and center

Key Points

Federal Reserve Chair Jerome Powell heads to Capitol Hill this week, with testimony to Congress kicking off Tuesday morning as Powell presents the Fed’s monetary policy report.
Multiple White House officials have cranked up the heat on Powell to start lowering rates, and he’s now faced with two key Fed officials who have spoken out to say they could favor a cut in July.

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Finance

Stocks making the biggest moves midday: Tesla, Novo Nordisk, Hims & Hers, Northern Trust, Fiserv and more

June 23, 2025

Check out the companies making headlines in midday trading: Tesla — Shares jumped more than 10% after Tesla rolled out its robotaxi service in Austin, Texas, over the weekend. Wedbush analyst Dan Ives said a ride in the taxi exceeded his expectations . However, some analysts were more reserved. Northern Trust — Shares rose 7% […]

Finance

Jeremy Siegel says investors are viewing the U.S. bombings as ‘a success to neutralize Iran’

June 23, 2025

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Finance

Stocks making the biggest moves premarket: Tesla, Northern Trust, DoorDash, Northrop Grumman, Exxon Mobil and more

June 23, 2025

Check out the companies making headlines before the bell. Northern Trust – Shares rose more than 6% after the Wall Street Journal, citing people familiar with the matter, reported that Bank of New York Mellon approached Northern Trust last week to convey interest in a merger between the two rivals. The report also said that […]