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Fed chief Powell says "sustained expansion" is likely

The U.S. economy is in a good place and so are interest rates, said Federal Reserve Chairman Jerome Powell in his testimony before Congress. Conway G. Gittens reports......»»

Category: videoSource: reutersNov 13th, 2019

Fed chief warns of a possible sustained recession

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act .....»»

Category: topSource: moneycentralMay 13th, 2020

Fed chief warns of a possible sustained recession

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act .....»»

Category: topSource: moneycentralMay 13th, 2020

Wall Street higher as Fed"s Powell says economy in "good shape"

Wall Street's main indexes rose on Wednesday as Federal Reserve Chair Jerome Powell said the domestic economy was in good shape and the central bank saw a "sustained expansion" ahead......»»

Category: topSource: reutersNov 13th, 2019

Futures turn positive after Fed chief Powell"s remarks

U.S. stock index futures turned positive on Wednesday after Federal Reserve Chair Jerome Powell said the central bank was ready to "act as appropriate" to sustain a decade-long expansion, bolstering expectations of an interest rate cut later this month......»»

Category: topSource: reutersJul 10th, 2019

Fed chief Powell downplays recession fears

Federal Reserve Chairman Jerome Powell, in a rare appearance on “60 Minutes” said the economy has only slowed a bit and said there was no reason the expansion could not last into record territory......»»

Category: topSource: moneycentralMar 11th, 2019

Trump bashes the Fed. This is how the Fed chief responds

The president’s sustained outcry over rising interest rates has elicited little more than an awkward silence from Fed Chairman Jerome Powell......»»

Category: topSource: moneycentralNov 29th, 2018

Fed Chief Says Economic Expansion Has Been Uneven

Jerome Powell said during a visit to Mississippi Tuesday that the economic expansion hasn’t been evenly shared across the country, particularly in rural America, and addressed issues of poverty and discrimination......»»

Category: smallbizSource: wsjFeb 13th, 2019

Marathon Petroleum names Ehren Powell as SVP, Chief Digital Officer

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 25th, 2020

Nissan loses $6.2B as it prepares to slim down

Nissan Chief Executive Makoto Uchida said the company had gone astray by seeking "excessive sales expansion.".....»»

Category: topSource: foxnewsMay 28th, 2020

Asia Markets: Asian markets rise after Powell expresses confidence in recovery

Asian markets advanced in early trading Monday, as U.S. stock futures gained after comments from Fed chief Jerome Powell and crude oil prices rose toward a two-month high......»»

Category: topSource: marketwatchMay 17th, 2020

Cisco Earnings Beat Provides Bright Spot After Downbeat Economic Comments From Fed

Wall Street seems to still be on edge a day after sobering commentary from the Federal Reserve chief sent the market lower. Commentary from Fed Chairman Jerome Powell w.....»»

Category: earningsSource: benzingaMay 14th, 2020

U.S. stocks sink, with Dow falling more than 500 points, after Fed chief signals economic pain ahead

Fed Chair Jerome H. Powell says policymakers need to come up with more fiscal support – and soon – amid "the biggest shock our economy has felt in modern times.”.....»»

Category: topSource: washpostMay 13th, 2020

U.S. stocks sink after Federal Reserve chief signals economic weakness ahead

Fed Chair Jerome H. Powell says policymakers need to come up with more fiscal support – and soon – amid "the biggest shock our economy has felt in modern times.”.....»»

Category: topSource: washpostMay 13th, 2020

Fed chief warns coronavirus recession could be lengthy, painful

Federal Reserve Chair Jerome Powell said widespread bankruptcies among small businesses and extended unemployment for many people remain a serious risk.“We ought to do what we ca.....»»

Category: topSource: chicagotribuneMay 13th, 2020

Powell warns of a possible sustained recession from pandemic

Federal Reserve Chair Jerome Powell is warning of the threat of a prolonged recession resulting from the viral outbreak and is urging Congress and the White House to act further to prevent long-lasting economic damage. .....»»

Category: topSource: moneycentralMay 13th, 2020

Seattle-based coworking company halts expansion plan, seeks subtenants

"It is our intention to reopen as many locations as possible when it is safe to do so," The Riveter's strategy chief said......»»

Category: topSource: bizjournalsMay 11th, 2020

Yum China keeps bets on dine-in, sticks to expansion plans after virus

Yum China is betting that Chinese consumers will still choose to dine-in in the aftermath of the coronavirus crisis and plans to open more Pizza Hut and KFC outlets in China's smaller cities in the coming months, its chief executive said......»»

Category: topSource: reutersMay 6th, 2020

Warren Buffett says Fed"s Jerome Powell belongs on same "pedestal" as Paul Volcker

Berkshire Hathaway Chairman and Chief Executive Warren Buffett on Saturday had high praise for the Federal Reserve's handling of the market turmoil that accompanied the deepening of the coronavirus crisis in March, .....»»

Category: topSource: marketwatchMay 2nd, 2020

Coronavirus pushes Latin America"s budding startups into survival mode

The chief executive of Colombian food technology startup Muy had expected to spend the past few weeks gearing up to raise a dollop of fresh funds from venture capital firms for an ambitious expansion plan......»»

Category: topSource: reutersApr 20th, 2020

Fed chief Powell sees road to recovery, warns on "false start"

The U.S. .....»»

Category: topSource: reutersApr 9th, 2020