Federal Reserve

The S&P 500 index and the Nasdaq registered record closing highs after a broadbased Wall Street rally on Tuesday, as a number of better-than-expected earnings reports eased concerns about a slowdown...

Credit: Reuters Studio     Duration: 01:54Published 1 hour ago

Reduced worries about earnings season and a Federal Reserve perceived to be more accommodating are reasons behind the rebound that's lead to a record high close for the S&P 500, says Oppenheimer Funds'..

Credit: Reuters Studio     Duration: 05:14Published 2 hours ago

Reduced worries about earnings season and a Federal Reserve perceived to be more accommodating are reasons behind the rebound that's lead to a record high close for the S&P 500, says Oppeheimer Funds'..

Credit: Reuters Studio     Duration: 05:14Published 3 hours ago

Herman Cain said he withdrew his name from Fed Board consideration because of the position's $183,100 annual salary. Cain is the former CEO for Godfather's Pizza. He was in consideration for Federal..

Credit: Wochit News     Duration: 00:32Published 11 hours ago

According to Reuters, Herman Cain withdraw his consideration for the Federal Reserve Board. President Donald Trump picked Cain for the post, but Cain chose to decline citing lower pay and influence...

Credit: Wochit News     Duration: 00:35Published 1 day ago

U.S. stocks were little changed Monday as investors prepared for the busiest week so far in this quarterly corporate reporting season. Conway G. Gittens reports.

Credit: Reuters Studio     Duration: 01:45Published 1 day ago

(Reuters) - Herman Cain, facing resistance from his own political party, has withdrawn from consideration for a seat on the Federal Reserve Board, U.S. President Donald Trump said on Monday. FILE..

Credit: Wochit News     Duration: 00:37Published 1 day ago

According to Business Insider, President Donald Trump announced Monday he would not formally nominate former Republican presidential candidate and Godfather's Pizza CEO Herman Cain to a position on the..

Credit: Wochit News     Duration: 00:46Published 1 day ago

Former pizza chain executive Herman Cain's rocky road to the Federal Reserve appeared strewn with boulders on Thursday. According to Reuters, that's when a fourth Republican senator voiced opposition,..

Credit: Wochit News     Duration: 00:43Published 2 weeks ago

President Donald Trump's pressure on the Federal Reserve poses risks to the economy, an International Monetary Fund official said Thursday. The president has repeatedly lashed out at the central bank..

Credit: Wochit News     Duration: 00:53Published 2 weeks ago

On Tuesday a political feud over President Donald Trump’s picks for the U.S. Federal Reserve Board broke into an open brawl even before the nominations of Herman Cain, a former restaurant chain..

Credit: Wochit News     Duration: 00:38Published 2 weeks ago

Tech stocks led Wall Street slightly higher on Wednesday, with investors largely shrugging off benign U.S. inflation data and unsurprising minutes from the Federal Reserve's March meeting. Fred..

Credit: Reuters Studio     Duration: 01:00Published 2 weeks ago

According to a report by Markets Insider, President Donald Trump's plan to nominate Stephen Moore and Herman Cain to the Federal Reserve has sparked concerns that the central bank's independence would..

Credit: Wochit News     Duration: 00:37Published 2 weeks ago

According to Business Insider, U.S. President Donald Trump announced the selection of Herman Cain, the former Godfather's Pizza CEO and 2012 Republican presidential candidate, for the Federal Reserve..

Credit: Wochit News     Duration: 00:40Published 2 weeks ago

President Donald Trump has nominated Herman Cain to the Federal Reserve. And according to Politico, Senate Republicans are warning the White House that Cain will face one of the most difficult..

Credit: Wochit News     Duration: 00:38Published 2 weeks ago

President Donald Trump said on Friday the U.S. Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy. “I think they should drop rates,”..

Credit: Wochit News     Duration: 00:39Published 3 weeks ago

U.S. employers added a stronger-than-expected 196,000 new jobs in March, a snapback from dismally weak numbers in February but, the pace of job growth in 2019 is down from 2018. Conway G. Gittens..

Credit: Reuters Studio     Duration: 01:19Published 3 weeks ago

President Donald Trump said on Friday the U.S. Federal Reserve should lower interest rates, noting that newly released jobs numbers showed the economy had performed well but adding that action by the..

Credit: Reuters Studio     Duration: 00:30Published 3 weeks ago

According to Business Insider, President Donald Trump is set to appoint Herman Cain to the Federal Reserve Board. Cain is best known as the CEO of Godfather's Pizza and a 2012 GOP presidential..

Credit: Wochit News     Duration: 00:41Published 3 weeks ago

According to Business Insider, U.S. President Donald Trump reportedly discussed replacing his handpicked chairman of the Federal Reserve late last year. Axios reported Wednesday that the president was..

Credit: Wochit News     Duration: 00:36Published 3 weeks ago

Factories in the euro zone had their worst month for almost six years in March and forward looking indicators pointed to gloomy times ahead, a survey found, grim reading for European Central Bank..

Credit: Reuters Studio     Duration: 01:38Published 3 weeks ago

President Donald Trump said the Federal Reserve made a mistake in raising interest rates. According to Reuters, he blamed the central bank for hurting the U.S. economy and stock market. Trump said:..

Credit: Wochit News     Duration: 00:32Published on March 30, 2019

President Donald Trump said Friday that the U.S. Federal Reserve had made a mistake in raising interest rates. According to Reuters, Trump tweeted angrily that the central bank was hurting the U.S...

Credit: Wochit News     Duration: 00:35Published on March 30, 2019

Wells Fargo said on Thursday Tim Sloan will resign immediately as its chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal. Jane Lanhee..

Credit: Reuters Studio     Duration: 01:58Published on March 28, 2019

Global equities sank Monday after what some analysts called an 'amber warning' for growth. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:45Published on March 25, 2019