News

The Fed Won’t Cut Rates, but Jerome Powell’s Colleagues Are Getting Restless

Jerome Powell’s authority at the Federal Reserve keeps chipping at the edges.

Equities retreat as Powell dampens Fed Sept cut hopes

U.S. stocks closed well off earlier highs after a choppy session on Wednesday, as Federal Reserve Chair Jerome Powell chilled ...

FedEx and UPS Shares Fall After White House Sets End Date for ‘De Minimis’ Rule

Shares of UPS and FedEx slid Wednesday after the White House said that the [U.S. would end the de minimis rule]( ...

StockNews

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Stock market holds steady after Fed leaves interest rates unchanged

U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where they are.