• Apr 23, 2025

Okta, Snowflake, Appian, Allegro MicroSystems, and Lattice Semiconductor Stocks Trade Up, What You Need To Know

A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank. With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more imp

  • Apr 23, 2025

Palantir, DigitalOcean, Carvana, GoPro, and Yum China Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank. With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more i

  • Apr 23, 2025

Pure Storage, Health Catalyst, AMD, Micron, and FormFactor Stocks Trade Up, What You Need To Know

A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision making at the central bank. With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more imp

  • Apr 23, 2025

Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs -- Fed report

The "Beige Book," as the report is known, captured early fallout from Trump's policies, describing a rush to buy cars ahead of higher import duties. There were accounts of prices that were changing quickly or about to rise sharply, and hints of layoffs to come. "Uncertainty around international trade policy was pervasive across reports," the U.S. central bank said in its latest snapshot of the nation's economic condition, based on surveys, interviews and observations collected from the commercial and community contacts of each of the Fed's 12 regional banks.

  • Apr 23, 2025

Powell Attempts Balancing Act as Trump Tests Fed’s Autonomy

(Bloomberg) -- Subscribe to Economics Daily for the latest news and analysis.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesThe Racial Wealth Gap Is Not Just About MoneyBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisTo Fuel Affordable Housing, This Innovation Fund Targets Predevelopment CostsDonald Trump’s second term has begun with a renewed determination to curb the Federal Reserve’s