U.S. stocks are falling toward their worst loss since Election Day on Friday as the big bump Wall Street got from last week’s ...

US two-year yields, which are more sensitive to monetary policy, spiked after the remarks and traders dialed back bets on a December rate reduction to below 60% — from 80% in the previous day.

Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal. Reserve, while making it clear the central bank is not "in a hurry" to lower interest rates.

The greenback hovered near a one-year high against a basket of currencies at 106.88, eyeing a weekly gain of 1.8%, which would mark its best performance since September.

October sales, excluding auto and gas, rose just 0.1%, below consensus estimates for a 0.3% increase. The control group in Tuesday's release, which excludes several volatile categories and factors ...

Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies ...

But the pace of rate cuts "is not preset," Powell said at a Dallas Fed event, adding that "the economy is not sending any signals that we need to be in a hurry to lower rates. The strength we are ...

U.S. industrial production fell for a second straight month in October, continuing to be depressed by hurricanes and a strike by factory workers at Boeing, but a rebound is likely in November as the ...

CPP Investments chief executive John Graham says despite heightened volatility during the quarter, the fund's diversified portfolio delivered stable returns, with positive performance across asset ...

US stocks slid on Thursday as the post-election rally stalled further and investors assessed remarks from Federal Reserve Chair Jerome Powell, who said in a speech that the central bank does not need ...