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 ...

Here are some of the key takeaways from the conference: Fed Chair Jerome Powell used his Friday speech to signal the US ...

A jump in the share of foreign-born workers after the pandemic helped Europe bring inflation down without sharply slower ...

Bank of Japan Governor Kazuo Ueda said on Saturday the country's labor market is expected to remain tight barring a major ...

David Burt, the Premier, has returned after leading a delegation to the 2025 Wyoming Blockchain Symposium in Jackson Hole, ...

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

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

Jerome Powell said the labor market might be softening enough to rein in inflation that is being pushed up by tariffs .

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

Wall Street is holding relatively steady ahead of a highly anticipated speech about where U.S. interest rates may be heading.