Global economic updates, market sentiment, and financial headlines.
Oil spiking and hot inflation data shook Wednesday's stock market, leaving investors with few places to hide. However, CNBC's Jim Cramer said, "If I didn't own it, I would buy the stock of Nvidia.
Nvidia's GTC 2026 reveals a transformative AI stack, accelerating SaaS's shift to GaaS and threatening seat-based revenue models, while lowering the barriers to entry. I see Monday.com, Atlassian, and HubSpot facing severe commoditization risks as Agentic AI automates workflows and erodes their competitive moats.
SEC Chairman Paul Atkins on Wednesday weighed in on the agency's potential shift to end quarterly earnings reports. "I think it's high time for us after 50 some years to ask the question and see what people say," Atkins told CNBC.
QI Research CEO and chief strategist Danielle DiMartino Booth discusses Federal Reserve chair Jerome Powell's remarks about the federal criminal probe on ‘Making Money.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #makingmoney #jeromepowell #powell #federalreserve #economy #finance #interestrates #inflation #banking #stocks #markets #investing #policy #government #politics #political #politicalnews #washingtondc #washington #dc #business #money
The major averages slid to their lows of the day as Federal Reserve Chair Jerome Powell said that the central bank wasn't making as much progress on bringing down inflation as it had hoped. “The forecast is that we will be making progress on inflation, not as much as we had hoped, but some progress on inflation,” Powell said at his press conference.
XLY's 50-day moving average crested in early February and has been sloping lower for five straight weeks. That's bearish.
Hotter-than-expected PPI and crude oil volatility remain key focuses for Jack Janasiewicz ahead of Wednesday's trading session. He talks about investment strategies to keep in mind with inflation concerns heating up once again.
With fears of higher oil prices heating up inflation while weakening growth, Federal Reserve Chair Jerome Powell said that he wouldn't use the term “stagflation” to describe the U.S. economy.
Today, the Federal Reserve held interest rates steady, keeping 1 rate cut in play this year as uncertainty mounts. The central bank voted in a split decision on Wednesday to hold its benchmark interest rate in the range of 3.5% to 3.75%.
Federal Reserve Chair Jerome Powell says it's "too soon" to assess Iran conflict's economic impact as oil prices surge above $100 per barrel amid rising tensions.
U.S. stocks slumped on Wednesday, with the S&P 500 wiping out its gains from earlier in the week, as investors reacted to the Federal Reserve's latest outlook on interest rates and the economy.
Federal Reserve Chair Jerome Powell says he will keep serving as head of the central bank if his nominated successor, Kevin Warsh, is not confirmed by the time his term is up in May, as dictated by the law.
The energy crisis is going to hit you in your 401(k) as well as in your gas tank if Jerome Powell is right.
We are already a few years into 2026. It sure feels that way, right?
Fed Chair Jerome Powell said there's uncertainty tied to oil prices amid the U.S.-Iran war. “The U.S. economy is doing pretty well,” Powell said.
Federal Reserve policymakers kept their key interest rate at a range of 3.5% to 3.75% at the conclusion of their March meeting. At his press conference, Fed Chair Jerome Powell faced questions about the oil price shock since the Iran war.
The Fed holds rates steady
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Fed Chair Jerome Powell says the central bank was in ‘a difficult situation.'
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
FOX Business host Larry Kudlow analyzes the Fed's decision to keep rates unchanged amid the Iranian conflict on 'Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #larrykudlow #economy #useconomy #federalreserve #interestrates #inflation #markets #finance #politics #political #politicalnews #government #iran #conflict #global #trade #business #money #stocks #investing
Historical analysis shows that when oil prices double rapidly, the S&P 500 typically suffers significant declines over the following 12 months. Current Middle East tensions and oil weaponization by Iran suggest oil prices could rise further, with $150 per barrel seen as a potential peak.
Alan Blinder, Former Federal Reserve vice chairman, joins 'Closing Bell Overtime' to talk what is ahead for the FOMC after Wednesday's decision to leave rates unchanged.
The latest producer price data suggest that inflation is no longer being driven primarily by what businesses pay for goods, but by what those enterprises decide to charge as those goods move through the system. February's Producer Price Index (PPI) came in above expectations, rising 0.7% for the month and 3.
Jerome H. Powell, who leads the central bank, also said he would not leave the Fed until a criminal investigation into his handling of renovations was over.
Wall Street ended sharply lower on Wednesday as investors reacted to the Federal Reserve's decision to hold interest rates steady, rising inflation pressures, and escalating geopolitical risks linked to the Middle East conflict. Major US indexes extended losses following the Fed's announcement and fresh economic data.
Federal Reserve Chair Jerome Powell said Wednesday that worries about tariffs had prompted Fed officials to raise their latest expectations for inflation and interest rates. That means oil isn't the only inflation worry Warsh would have to deal with were he to be confirmed soon.
The Fed opted to hold rates steady at its March meeting, as expected. Chair Jerome Powell talked about jobs, inflation, oil prices, and AI productivity gains.
Commercial crude-oil stockpiles rose by 6.2 million barrels last week. Analysts had predicted crude stockpiles would decline by roughly 40,000 barrels.
Current market conditions closely resemble the pre-crisis environment of 2007 in several primary ways, raising caution for investors. Echoes of the subprime crisis and official reassurances highlight systemic risks that may not be fully appreciated.
The March FOMC meeting reflected continued stability despite the multitude of negative externalities. The negative externalities include declining payrolls, rising oil prices, and a highly uncertain geopolitical world outlook.
Here are five takeaways from the Federal Reserve meeting.
Federal Reserve Chair Jerome Powell explains what factors in the economy are contributing to the higher inflation projection for 2026.
Firms' year-ahead inflation expectations increased by 0.2 percentage points to 2.1% in March, according to the Federal Reserve Bank of Atlanta's March Business Inflation Expectations (BIE) Survey. That figure is up from the 1.9% recorded in the February BIE Survey but down from the 2.5% recorded in the March 2025 survey.
US equities held steady on Wednesday after the Federal Reserve left interest rates unchanged, signaling caution amid persistent inflation and growing geopolitical risks in the Middle East. The Fed maintained its target range for the federal funds rate at 3.50%–3.75%, in line with market expectations.
Surging oil prices due to the Iran war are expected to increase inflation in the near term, Federal Reserve Chair Powell said. “Near-term measures of inflation expectations have risen in recent weeks, likely reflecting the substantial rise in oil prices caused by the supply disruptions in the Middle East,” the Fed chair said.
Oil price volatility surges as bombs fall in the Middle East Be ready for more wild swings in oil and gas prices. The Cboe Crude Oil ETF Volatility Index (OVX), which measures implied volatility in oil ETF options, estimates the expected volatility of crude oil prices over the next 30 days.
Federal Reserve chair Jerome Powell said on Wednesday that he will stay on as “chair pro tem” if his successor Kevin Warsh is not confirmed by mid-May when Powell's term expires.
Federal Reserve Chair Jerome Powell says he plans to stay at the Fed until after the Justice Department's investigation is complete during a news conference after the central bank's policy-setting Federal Open Market Committee to leave interest rates unchanged.
Federal Reserve chair Jerome Powell answers questions following the FOMC's decision to leave the Federal Funds rate unchanged.
Federal Reserve Chair Jerome Powell says the Fed is in a "difficult situation" and needs to balance current risks during a news conference after the central bank's policy-setting Federal Open Market Committee to leave interest rates unchanged.
On today's episode of CNBC Crypto World, crypto markets are on pace to outperform Wall Street despite a Wednesday pullback driven by hotter-than-expected wholesale data. Also, the SEC and CFTC issue joint guidance on the regulatory classification of crypto assets.
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Federal Reserve Chair Jerome Powell says inflation has eased, but is still "somewhat elevated relative to our 2% longer run goal." -------- More on Bloomberg Television and Markets Like this video?
Powell says he will stay on as head of the Fed until Warsh is confirmed
Rebecca Walser (@walserwealth) tells investors to watch for what dissenters to the FOMC interest rate pause say as macro uncertainties persist. She then turns to the private credit markets and pressures she anticipates lasting in the space.
The Federal Reserve's so-called dot plot showed a median estimate of 3.4% for the federal funds rate at the end of 2026, the same as what it had projected at the end of last year. However, a closer look at the overall dot plot showed the balance of projections moved toward fewer reductions.
Federal Reserve chair Jerome Powell delivers remarks following the FOMC's decision to leave the Federal Funds rate unchanged.