Odds of October Rate Increase Drop as Fed's Williams Signals He's Open to a Pause
New York Fed President John Williams sees one more rate increase this year but says officials have time to assess incoming inflation data.
Market News
U.S. Stocks Edge Lower as Consumer Confidence Sinks
Stocks ended modestly lower after a worrying monthly survey of consumer confidence was offset by a Federal Reserve official cautioning against hasty rate hikes.
Traders expecting a back-to-back rate hike from the Fed in October may have gotten ahead of themselves
Financial-market participants have become increasingly confident that Federal Reserve officials will raise interest rates at their October meeting. But a leading U.S. central banker added a note of caution to the equation on Wednesday.
Trump Defends Light-Touch AI Strategy After Industry Sounds Alarms
The president says industry “self regulation” and existing authorities including the Justice Department will keep artificial-intelligence tools safe.
Prediction market traders think the U.S. added more jobs in September than economists estimate
Traders on prediction market platform Kalshi think there's almost 60% odds that the U.S. added more than 90,000 payrolls in September, and also place a 50-50 chance that it generated more than 100,000 jobs. That's higher than economists surveyed by Dow Jones' consensus estimate for 84,000 jobs made in the month.
New York Fed President John Williams said that the Federal Reserve needn't rush to continue raising interest rates after officials voted through the first rate increase in three years last week
The remarks could reset expectations for the central bank's next move at a meeting four weeks away.
The Fed's main inflation measure will be released Wednesday. Here's what to expect
The Fed's preferred inflation gauge will be released Wednesday and is expected to show little if any change in the year-over-year rate, which is holding well above the central bank's 2% target. Consequently, the readings, which also will include data on consumer spending and income, are unlikely to provide a case against further tightening of monetary policy.
Jamie Dimon lays out his plan to revive the West
JPMorgan Chase boss Jamie Dimon is pitching his vision for the Western world's future, and it hinges on Europe rebooting its sluggish economy and strengthening its defense capabilities. MCC Global Enterprises Michelle Caruso-Cabrera joins 'Power Lunch' to discuss.
Ariel Investments' Charles Bobrinskoy: Interest rates are headed higher
Charlie Bobrinskoy, Ariel Investments vice chairman, joins 'The Exchange' to discuss why he says interest rates are headed higher.
Fed's Barr Warns AI Could Disrupt Jobs in the Next Few Years
Federal Reserve governor Michael Barr is expressing concern that the U.S. is not properly prepared for AI-related disruptions to the labor market.
Energy CEO says Americans aren't benefiting from low prices because of one major roadblock
EQT Corporation CEO Toby Z. Rice says natural gas prices near $4 in Appalachia could surge to $20 in New England because of limited pipeline capacity.
New York Fed President John Williams said Tuesday that the Federal Reserve needn't rush to continue raising interest rates after officials voted through the first rate increase in three years last week
The remarks could reset expectations for the central bank's next move at a meeting four weeks away.
The 10-Year Yield Is Surging Toward 6%—and You Should Be Very Nervous
“Higher for longer” is set to be a fact of life for financial markets well into the end of the decade—and probably for a lot longer.
Prospect of Fed pulling too far back on communications poses volatility risk, Musalem says
Too big a pullback in the US central bank's communications could lead to higher and more volatile interest rates and inflation if the public and businesses are left to guess how it would react to different economic developments, St. Louis Federal Reserve President Alberto Musalem said on Tuesday.
Belgium to order air defence system from Kongsberg for $1 billion
Norway's Kongsberg Gruppen said on Tuesday it signed a contract worth 10 billion Norwegian crowns ($1.04 billion) with Belgium for its National Advanced Surface-to-Air Missile Systems air defence systems.
White House urges EU to draw down diesel inventories, sources say
The White House has urged the European Union to draw down emergency diesel inventories in an effort to lower global prices, as President Donald Trump and his administration pursue a range of options to ease fuel costs before November's midterm elections, according to two sources familiar with the effort.
How the Rise of Prediction Markets Impacts Sportsbooks
Bloomberg's Romaine Bostick reports on how the rise of prediction markets is impacting sports betting and if more regulation is needed. Executives from BetMGM, DraftKings, FanDuel, Robinhood and Fanatics all weigh in.
Fed's Barr: Surge of Investment and Related Demand from AI Buildout is Having Measurable Effect on Prices
Federal Reserve governor Michael Barr said further policy adjustments are likely to be needed to ensure inflation comes down to target in a timely fashion.
3 Key Members Of The AI Ecosystem Continue To Send Up Red Flags
Oracle, OpenAI, and CoreWeave remain critical AI ecosystem risk indicators, each facing mounting red flags and signaling potential AI fragility. ORCL faces record credit default swap prices, layoffs exceeding 20,000 employees, and market tremors from a force majeure notice on its major New Mexico data center project.
The hidden messages the bond market is sending about the AI boom and the stock market
Author and FT correspondent Robin Wigglesworth tells MarketWatch about how bonds build the modern financial system, and what they are currently saying about and inflation, government debt and the financial markets.
