|
Jerome H. Powell's term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that.
|
|
Wall Street strategists expect a robust increase in the Treasury's coffers this week as Americans pay their taxes.
|
|
The index on Wednesday tallied its first intraday and closing record highs since the start of the Iran conflict.
|
|
Morgan Stanley's results in the quarter were powered by the firm's fixed income and equities trading operations, which produced about $8.5 billion in revenue.
|
|
Many Fed districts also reported growing signs of financial strain among consumers, along with increased price sensitivity and rising demand at food banks.
|
|
JPMorgan CEO Jamie Dimon called the economy resilient, but pointed to an "increasingly complex set of risks" across global markets.
|
|
