Federal Reserve Chair Jerome Powell participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. Kevin Dietsch | Getty Images The Federal Reserve‘s Board of Governors urged a judge to reject prosecutors’ request that he reconsider his recent decision to block subpoenas issued in a criminal investigation of Chair…
Riders refuel their motorbikes at a gas station in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Bloomberg | Bloomberg | Getty Images South Korea stepped up its emergency economic planning on Wednesday as Prime Minister Kim Min-seok warned the government must prepare for “worst-case scenarios” from a Middle East conflict that…
Vanessa Nunes | Istock | Getty Images Federal Reserve Chair Jerome Powell last week pushed back when asked whether stagflation posed a threat to the U.S. economy. His successor may face a tougher challenge, as Wall Street forecasters raise their expectations of recession, brought on in part by the Iran war and potential for higher…
Gold bars are stored in a safe deposit room in Munich, Jan. 28, 2026. Angelika Warmuth | Reuters Gold prices climbed on Wednesday as declining oil prices helped temper worries about persistent inflation, following reports that Washington is working on a proposal to end the Middle East conflict. Spot gold prices were last up 2.56%…
An Iranian security worker monitors an area in phase 19 of the South Pars gas field in Assalooyeh, on Iran’s Persian Gulf coast, on Aug. 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images Oil prices fell more than 5% Wednesday after U.S. President Donald Trump said that Washington and Tehran are “in negotiations right…
In an aerial view, oil storage tanks are seen at the Big Spring Refinery on March 19, 2026 in Big Spring, Texas. Brandon Bell | Getty Images Oil prices seesawed in volatile trading Monday as investors weighed the prospect of further escalation after President Donald Trump’s ultimatum demanding Tehran reopen the Strait of Hormuz or…
U.S. President Donald Trump speaks to the press before departing the White House for Miami on March 20, 2026, in Washington, D.C. Celal Gunes | Anadolu | Getty Images As the war in the Middle East entered its fourth week, Iran has widened its warnings to target buyers of U.S. Treasury bonds, the latest salvo…
Things just keep getting worse for the stock market. The S & P 500 , Nasdaq , and Dow suffered their fourth consecutive week of losses as the Iran war and hot wholesale inflation stoked economic concerns. Nvidia ‘s annual GTC developers event last week was chock full of bullish announcements and the talk of…
Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images The perks of working in Silicon Valley have long included high salaries. Now, some engineers may be offered a new incentive: artificial intelligence tokens. Nvidia CEO Jensen…
WASHINGTON – The Federal Reserve on Wednesday voted to hold its key interest rate steady as policymakers navigate their way through higher-than-expected inflation readings, mixed signs on the labor market – and a war. In a widely expected decision, the Federal Open Market Committee voted 11-1 to keep the benchmark federal funds rate anchored in…
