Thursday, May 21, 2026
Today's Print

Tag: Jerome Powell

Stocks fall; Basic Energy, Apollo Global buck trend

The stock market retreated Friday along with the rest of Asia, as the region met Joe Biden’s $1.90-trillion stimulus proposal with a shrug. The Philippine...

Fed’s Powell says too soon to determine cure impact

Frankfurt, Germany—Federal Reserve chief Jerome Powell said Thursday that it is “too soon to assess” the potential impact of a coronavirus vaccine on the...

More emergency spending needed to help US economy–Fed’s Powell

Washington—The trajectory of COVID-19 remains key to the US recovery and until it is eradicated, more emergency spending will be “essential” to support the...

Stock market slips for third straight day; Puregold rises

The stock market fell for the third straight day Thursday following another sharp sell-off on Wall Street as investors were bombarded by a perfect...

Asia markets struggle again as virus trumps Wall Street bounce

Asian investors struggled to match their Wall Street counterparts Wednesday, with markets drifting as spiking infection rates, new containment measures and still no US...

Most Asian stocks climb on low Fed interest rates

Hong Kong, China—Expectations that US interest rates will stay ultra low for as long as needed helped lift most Asian equities on Friday but...

Federal Reserve unveils major policy shift to maximize employment growth

Washington—The US central bank rolled out a major policy change on Thursday that gives greater weight to its mission of maximizing employment for the...

US eyes tougher Wall Street rules for Chinese companies

New York—US officials on Thursday proposed toughening rules for Chinese companies listed on American stock exchanges as recent scandals have prompted concerns about the...

US Fed opens meeting amid low confidence of consumers

Washington"•The US central bank opened a two-day policy meeting on Tuesday amid signs of waning consumer confidence and with Congress locked in debate over...

White House: US work visa halt extended to year-end

Washington—US President Donald Trump will prolong a ban on US employment permits to year-end and broaden it to include H-1B visas used widely in...

Market ends flat; Ayala advances

Stocks closed virtually flat Wednesday as investors weighed fresh signs the world economy is in recovery against fears of a second virus wave, geopolitical...

Fed warns of ‘significant uncertainty’ around recovery

Washington"•Despite some recent positive signs, “significant uncertainty” remains about the recovery of the US economy from the coronavirus pandemic, Federal Reserve Chair Jerome Powell...

Coronavirus leaves more Americans dead than WWI

With 740 new coronavirus deaths in 24 hours, the United States has seen more people die from the pandemic than died in World War...

Oil rises on signs of easing supply glut

Oil prices edged higher Thursday on signs that production cuts are easing a virus-triggered glut, but gains were capped after the head of the...
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