|
 U.S. President Donald Trump
sharply criticized Federal Reserve Chairman Jerome Powell on
Friday and said he wouldn't try to stop the chief U.S. central
banker if he offered to resign.
|
RELATED ARTICLES | | |
|
 Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.
|
|
The Federal Trade Commission (FTC) and AT&T Inc reached a settlement agreement on a 2014 case that accused the company of slowing down data sent to wireless devices, a federal court ruling showed on Friday.
|
|
U.S. Federal Reserve Vice Chairman Richard Clarida said on Friday the global economic outlook has worsened since July.
|
|
The divided Federal Reserve is reluctant to cut rates in the face of mounting global economic pressure, Gluskin Sheff's David Rosenberg told CNBC on Friday.
|
|
 If you are wealthy enough to be exposed to the federal estate tax, you can usually minimize it or even avoid it entirely with some advance planning.
|
|
 Gold futures rallied Friday, with China's plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold is likely to be most volatile during FOMC meetings and days (like today) when we receive a barrage of tweets from President [Donald] Trump and headlines concerning global trade," said Matthew Miller, equity analyst at CFRA Research. "The news regarding China's trade retaliation and [Trump's] multiple tweets attacking the Federal Reserve are overshadowing" the Jackson Hole, Wyo., economic policy symposium, he said. December gold climbed by $29.10, or 1.9%, to settle at $1,537.60 on Comex. That was the highest most-active contract settlement since April 2013, according to FactSet data. For the week, prices were up 0.9%, following weekly gains in each of the past three weeks.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
White House trade adviser Peter Navarro said Friday trade talks with China would continue after Beijing announced tariffs on $75 billion in U.S. goods. Appearing on Fox Business Network, Navarro claimed China was bearing the burden of tariffs the Trump administration has imposed on its products and urged investors to instead focus on a speech by Federal Reserve Chairman Jerome Powell scheduled for 10 a.m. Eastern. Navarro said what he most wants to hear from Powell is "America, we have your back." President Donald Trump has frequently pressed the Fed to cut interest rates more aggressively. U.S. stock futures turned negative after the China tariff announcement.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
Private Label