Airline sector shows resilience with strong demand and positive earnings, indicating robust consumer and corporate spending despite earlier geopolitical concerns. Netflix reporting after close, remains a streaming leader, but valuation concerns persist; overall, stocks continue mild melt-up with benign retail and jobless data supporting stability.

President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public debate among FOMC members for clues as to who is "auditioning" for the role.

Noelle Acheson points out that the GENIUS Act is right to ban interest on payment stablecoins, and suggests that the bigger debate should be around the current banking model.

The debate over Florida's state budget continues in Tallahassee, and the Federal Reserve decided to leave interest rates unchanged for the third time. As the budget battle continues in Tallahassee ...

But lower interest rates can only do so much in the face of high home prices. In May, the median existing home price was $422,800 — the highest ever recorded for the month of May, according to ...

The Federal Reserve's deliberations over how much more to raise rates this year—and ... Bank Raises Interest Rates a Quarter Point. Last Updated: Feb. 1, 2023 at 1:36 PM. Debate Over Policy ...

Earlier this month, the central bank raised its benchmark interest rate by 25 basis points to 15%, a near two-decade high, and signaled it expects to hold it steady for a "very prolonged" period.

The Swiss National Bank lowered rates to zero after consumer prices fell last month. Other European central banks are grappling with uncertainty caused by President Trump’s tariffs.

President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public debate among FOMC members for clues as to who is "auditioning" for the role.

The US central bank is widely expected to hold off slashing interest rates again at its upcoming meeting, as officials gather under the cloud of an intensifying pressure campaign by