Economy

    US Federal Reserve Chair Jerome Powell speaks during a press conference at the end of a Monetary Policy Committee meeting in Washington, DC, on October 29, 2025. The US Federal Reserve on Wednesday announced its second consecutive quarter-point rate cut to bolster the flagging labor market, unveiling a decision that highlighted the growing division in its ranks. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

    Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’

    The Fed will stop shrinking its $7 trillion balance sheet in December, but Powell stressed it’s a pause in quantitative tightening, rather than a new phase of easing.

    By
    October 29, 2025

    Latest Stories

    More Economy

    Large group of displeased business people carrying carton boxed with their belongings after being fired from their jobs. Focus is on senior woman.
    AI

    Everyone thinks AI is replacing factory workers, but Amazon’s layoffs show it’s coming for middle management first

    By
    October 29, 2025
    Europe’s giants still rule as startups struggle to crack the Fortune 500 Europe
    Europe

    Europe’s giants still rule as startups struggle to crack the Fortune 500 Europe

    By
    October 29, 2025
    Layoffs from big corporations are cutting jobs thousands of jobs in the months and years to come.
    Future of Work

    From retail to tech, here are the 10 corporations that recently announced mass layoffs

    By Wyatte Grantham-Philips and The Associated Press
    October 28, 2025
    The New York Stock Exchange on Monday, Oct. 13, 2025.
    Investing

    PayPal and UPS are sparking a late-session rally, powering stocks to fresh records

    By Stan Choe and The Associated Press
    October 28, 2025
    Ford's enormous F-150
    Economy

    Ford’s enormous F-150 becomes unlikely part of Japan’s efforts to woo Trump

    By The Associated Press and Mari Yamaguchi
    October 28, 2025
    Investor Cathie Wood predicts a ‘shudder’ in Big Tech valuations, saying higher rates may test investor faith
    Economy

    Investor Cathie Wood predicts a ‘shudder’ in Big Tech valuations, saying higher rates may test investor faith

    By
    October 28, 2025
    Sunny Verghese, CEO of food and ag company Olam Group, speaks at Fortune Global Forum in Saudi Arabia on Sunday.
    Conferences

    The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO says

    By
    October 28, 2025
    Ngozi Okonjo-Iweala
    Conferences

    WTO director-general says calling the trade wars the greatest disruption since the 1930s is ‘the understatement of the century’—but it’s not a repeat

    By
    October 27, 2025
    Candy inflation has spooked so many consumers almost 80% say they’re forced to scale back how much to buy for Halloween
    Economy

    Candy inflation has spooked so many consumers almost 80% say they’re forced to scale back how much to buy for Halloween

    By Jeena Sharma and Retail Brew
    October 27, 2025
    The world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says
    Conferences

    The world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says

    By
    October 27, 2025
    broker
    Economy

    Gold plunges below $4,000 as U.S.-China truce erodes haven demand

    By Yvonne Yue Li, Sybilla Gross, Yihui Xie and Bloomberg
    October 27, 2025
    María Corina Machado
    Conferences

    Nobel Prize winner says Venezuela has a ‘unique’ $1.7 trillion opportunity to privatize over 500 companies and reverse socialist ‘disaster’

    By
    October 27, 2025
    ‘Maduro started the war, President Trump is ending the war,’ says Nobel winner in hiding for her life
    Conferences

    ‘Maduro started the war, President Trump is ending the war,’ says Nobel winner in hiding for her life

    By
    October 27, 2025
    Chancellor of the Exchequer Rachel Reeves (R) on stage at Fortune Global Forum in Riyadh.
    Conferences

    Rachel Reeves says the U.K. has been successful with Trump 2.0 because it shares the same concerns about global imbalances

    By
    October 27, 2025
    Trump
    Politics

    Trump hails Milei’s Argentina win, says U.S. made ‘lot of money’

    By Daniel Flatley, Josh Wingrove and Bloomberg
    October 27, 2025
    President Donald Trump attends a press conference with UK Prime Minister Keir Starmer (not pictured) at Chequers at the conclusion of a state visit on September 18, 2025
    Economy

    Why is Washington acting like the U.S. is in a recession?

    By
    October 27, 2025
    Ray Dalio, Founder and Mentor, Bridgewater Associates and Dalio Family Office
    Conferences

    Ray Dalio says America is developing a ‘dependency’ on the top 1% of workers, while the bottom 60% are struggling and unproductive

    By
    October 27, 2025
    China asks U.S. to protect ‘hard-won’ results before Xi-Trump meeting
    Asia

    China asks U.S. to protect ‘hard-won’ results before Xi-Trump meeting

    By
    October 27, 2025
    Bessent calls anti-tariff Reagan ad ‘psy-ops’ and says the U.S. rescue of Argentina still counts as ‘America first’ because it helps an ally
    Economy

    Bessent calls anti-tariff Reagan ad ‘psy-ops’ and says the U.S. rescue of Argentina still counts as ‘America first’ because it helps an ally

    By
    October 26, 2025
    China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer
    Economy

    China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer

    By
    October 26, 2025
    Scott Bessent
    Economy

    Scott Bessent hails ‘very successful framework’ of U.S.-China trade deal

    By Chris Megerian, David Rising, Eileen Ng and The Associated Press
    October 26, 2025
    Trump
    Economy

    U.S., China tee up sweeping trade deal for Trump, Xi to finalize

    By Daniel Flatley, Josh Xiao and Bloomberg
    October 26, 2025
    President Donald Trump announced a $130 million donation by an anonymous donor to help pay U.S. troops on Thursday.
    Law

    This mysterious billionaire and top Trump backer is behind a $130 million donation to pay troops during the government shutdown, report says

    By
    October 25, 2025
    Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say
    Economy

    Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say

    By
    October 25, 2025
    China’s rare earth limits may have ‘gone too far this time’ as trade talks start while U.S. gathers support amid global backlash
    Economy

    China’s rare earth limits may have ‘gone too far this time’ as trade talks start while U.S. gathers support amid global backlash

    By
    October 25, 2025
    Trump
    Economy

    Trump flies to Asia with crunch China talks looming: ‘We have a lot to talk about’

    By Michelle L. Price and The Associated Press
    October 25, 2025
    Duffy
    Economy

    Flight delays spike over 6,000 on Thursday as government shutdown cripples air traffic nationwide

    By Josh Funk and The Associated Press
    October 25, 2025
    Lula, Petro
    Economy

    Your morning cup of coffee is more expensive. Trump tariffed the top provider and launched an anti-drugs campaign against the second

    By Dee-Ann Durbin, Chris Rugaber and The Associated Press
    October 25, 2025
    Carney, Trump
    North America

    ‘I can play dirtier than they can, you know’: Trump’s fury at a Canadian ad about Reagan, tariffs and trade

    By Will Weissert, Seung Min Kim, Rob Gillies and The Associated Press
    October 25, 2025
    Like Javier Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’
    Economy

    Like Javier Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’

    By
    October 25, 2025

    Most Popular