Breaking News: Markets

Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back…

Watch Fed Chair Powell speak live during a policy forum in Washington

[The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a…

Trump Media shares close down more than 14%, company says Truth Social to launch TV streaming

The price of Trump Media shares closed trading more than 14% lower Tuesday, hours after after the company announced its…

IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks

The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven “surprisingly resilient” despite…

Morgan Stanley tops expectations on wealth management, trading and investment banking results

Morgan Stanley on Tuesday posted results that topped analysts’ estimates for profit and revenue as wealth management, trading and investment…

Bank of America tops estimates on better-than-expected interest income, investment banking

Bank of America on Tuesday reported first-quarter earnings that topped analysts’ estimates for profit and revenue on better-than-expected interest income…