
Key Points President Donald Trump continued his barrage of criticism against the Federal Reserve but seemed to take a step back from any lingering plans to fire Chair Jerome Powell. “He’s going to be out pretty soon anyway,” Trump told reporters. Trump has accused Powell of being political and nicknamed him “too late” when it […]
Read MoreCheck out the companies making headlines in midday trading: Opendoor Technologies , Kohl’s — The two stocks have been cited on Reddit’s WallStreetBets forum and have seen some wild moves as retail traders chase meme stocks . Opendoor, an online real estate startup, surged earlier in the day, but was recently down nearly 2%. Still, […]
Read MoreKey Points Treasury Secretary Scott Bessent on Tuesday asserted that Fed Chair Jerome Powell does not need to resign though also he also repeated his desire for a review of the central bank’s operations. “There’s nothing that tells me that he should step down right now. He’s been a good public servant,” Bessent said. Source
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