At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...

Bitcoin’s strong reaction to the Fed chair’s comments on the US economy and the bank’s monetary policy plans has traders ...

Jerome Powell said the labor market might be softening enough to rein in inflation that is being pushed up by tariffs .

The Fed chair delivered a “virtuoso performance” with his Jackson Hole speech, says State Street’s Michael Arone ...

Jerome Powell’s Jackson Hole speech pointed to a possible Fed policy shift as the jobs market weakens amid persistent ...

Federal Reserve Chair Jerome Powell signaled that slowing job growth and broader economic uncertainty could justify lowering the central bank’s benchmark interest rate. While he stopped short of ...

Ethereum jumped about 13% after Jerome Powell's Jackson Hole comments hinted at possible rate relief in September. Lower ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Powell tees ...

Federal Reserve Chair Jerome Powell has been silent on the attacks from the White House and its allies. Don't be fooled by the headlines from Jackson Hole or the quick euphoria on Wall Street. The ...