At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

After several decades in which economic technocrats enjoyed a large degree of autonomy, they are now under intense pressure ...

Trump on Wednesday called for economist Lisa Cook to resign from the Fed Board of Governors over allegations of mortgage ...

The assumption is that next month will see the first-interest rate cut; the question most are already asking is how many more ...

The financial world was abuzz on Friday as Federal Reserve Chair Jerome Powell hinted at a potential interest rate cut in ...

The president's latest attack comes as Powell is scheduled to deliver remarks at the Fed's annual conference in Jackson Hole, ...

Wall Street on Friday notched its best day since late May, sparked by Federal Reserve interest rate cut expectations. Fed ...

Federal Reserve Chair Jerome Powell, at left, President Donald Trump and Treasury Secretary Scott Bessent have something to reveal about gold, but they won't - at least not yet. A newly published ...

XRP Drops 3% to $2.85 as investors booked $300M in profits. With rejection at $3, support lies near $2.78, while Fed signals ...

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...

Powell's Jackson Hole speech hinted at a September rate cut, but labor concerns and data show high uncertainty. Read why ...

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...