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Nasdaq, S&P, Dow open flat focus stays on earnings, trade deals
Wall Street opened largely flat on Tuesday, with the S&P 500 coming off a new record high, as attention remained on earnings, as some big tech companies are set to report this week. The S&P 500 (SP500 ...
U.S. Treasury chief: No need for Fed’s Powell to step down right now
There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said ...
Bessent Says Powell Should Finish Out Term if He Wants
Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he ...
Bessent to visit Stockholm for China trade talks; rejects push for Powell's exit
U.S. Treasury Secretary Scott Bessent said Tuesday he will travel to Stockholm next week for a third round of trade talks ...
Bessent says Powell doesn't need to resign but should conduct internal review
There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump ...
Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence
El-Erian, president of Queens’ College at Cambridge University, said he was aware that his view did not align with the Wall ...