Jerome Powell, the 16th chair of the Federal Reserve, has an estimated net worth of $55 million.

President Trump's tariffs and China's retaliation have triggered mayhem in tech stocks. Read why I maintain my buy rating on ...

The Magnificent 7 tech stocks plunged, leading the overall market lower for a second day, after Jerome Powell warned about ...

The drop closed the worst week for the S&P 500 since March 2020, when the pandemic ripped through the global economy. The Dow ...

The rout on Wall Street continued on Friday, with the Nasdaq earning a bear-market classification, after China imposed fresh ...

US indices retreat on tariff worries as VIX jumps to 22.44. Nvidia drops 3.9%, Microsoft falls 2.2%, while defensive sectors ...

Tokyo's Nikkei 225 index lost nearly 8% shortly after the market opened and Australia's S&P/ASX 200 tumbled more than 6% ...

Wall Street's worst crisis since covid slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President ...

Markets have already felt the heat. A two-day sell-off in the first week of April quickly gave the S&P 500 a 10% haircut, ...

Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump’s new tariffs were far larger than anticipated, raising new challenges as the bank ...

A trade war ties the Fed’s hands by pushing up inflation at the same time that uncertainty is sapping growth.

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday.