World News Story Fed S Powell We May Well Bbe In A Recession

Trump to announce new Fed chair replacing Jerome Powell before Christmas? Here's what Scott Bessent says

Treasury Secretary Scott Bessent indicated that President Trump might announce a new Federal Reserve chair before Christmas, as Jerome Powell's term ends in May. Read More

Good chance Trump may unveil Fed pick by Christmas, Bessent says

U.S. Treasury Secretary Scott Bessent said on Tuesday he was concluding a second round of interviews later in the day for a new U.S. Federal Reserve leader, and there was a good chance President ... Read More

Fed Chair Powell’s Allies Provide Opening for December Rate Cut

A divided committee, missing data and a whiff of stagflation present a choice between two paths—each with drawbacks. Read More

Are we in a K-shaped economy? Delayed employment numbers could reveal recession odds

The gap between the richest and poorest Americans is widening in what Fed Chair Jerome Powell called a 'bifurcated economy.' Here's the breakdown. Read More

Who will replace Federal Reserve Chair Jerome Powell? A look at the 5 finalists.

President Trump has a list of five finalists to replace outgoing Fed Chair Jerome Powell. Here's a look at each one. Read More

Fed Chairman Jerome Powell Just Hinted at a Change That Seems Positive for the Stock Market. But Should Investors Actually Be Worried?

The Fed's potential ending of quantitative tightening policies seems to be good news for investors. However, there's a more complicated picture. An end to quantitative tightening by the Fed might not ... Read More