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Fed's Hammack says Powell was 'open minded' about need for September rate cut

Cleveland Fed President Beth Hammack, a skeptic about the need for a rate cut in September, said she thought Fed Chair Jerome ...

Powell didn't promise September interest rate cut, may hold steady if data is ugly, Rosengren says

Federal Reserve Chair Jerome Powell didn't "promise" to cut interest rates in September and may not adjust rates if there are ...

Market begins to factor in an 'easier-money environment,' prompting gold to turn higher for the week

Federal Reserve Chairman Jerome Powell seems to have conceded that the central bank will supply the rate cut at the September ...

Trump says he'll fire Fed's Cook if she doesn't resign

President Donald Trump on Friday stepped up his administration's pressure campaign on Federal Reserve governor Lisa Cook. In ...

BJ's Wholesale Club's Sales Slow as Shoppers' Frustrations Grow -- Update

Revenue climbed 3.4% to $5.38 billion, but missed the $5.49 billion that Wall Street modeled. BJ's attributed the increase in part to membership gains, as the company recently surpassed 8 million ...

S&P 500 heads for biggest one-day jump of any Jackson Hole speech by Powell since 2018

Friday's speech by Federal Reserve Chair Jerome Powell was in the process of sending the S&P 500 up by more than any other day on which he has given a speech at the central bank's Jackson Hole ...

5E Advanced Materials Shares Tumble on Offering Plan

Shares of 5E Advanced Materials slumped after the company said it is planning to sell shares in a public offering at $3.50 apiece, below Thursday's closing price. The stock was down 23% at $3.54 in ...

Tropical Wave Near Leeward Islands Likely to Strengthen This Weekend, Says NHC -- OPIS

An area of showers and thunderstorms associated with a tropical wave about 100 miles east-northeast of the Northern Leeward Islands is "very likely" to strengthen into a tropical depression or ...

Tritax Big Box Says It Won't Raise Warehouse REIT Takeover Proposal -- Update

Tritax Big Box REIT said it doesn't plan to increase its 485.2 million pound ($650.8 million) takeover proposal to buy Warehouse REIT, paving the way for Blackstone to buy the company after a ...

Canada to Drop 25% Tariffs on $21 Billion of US Imports -- Source

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

Canada to Drop 25% Tariff on Some U.S. Imports: Source -- Update

OTTAWA--Canada on Friday will remove its 25% tariff on about half of the U.S. goods it has targeted since March, according to people familiar with the matter, as a sign of goodwill from Ottawa as it ...

CSX Teams with BNSF of Offer New Coast-to-Coast Service

Railroad operators CSX and BNSF Railway have partnered to offer new intermodal service products in the U.S. that will connect the east and west coasts. The arrangement creates new intermodal services ...