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![]() Eleanor PringleFortune |
While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest payments on the...
Powell’s Jackson Hole speech looms as markets temper Fed rate-cut bets, with hot PPI data, labor market weakness, and tariff risks clouding outlook.
Markets bet on a September Fed rate cut at Jackson Hole, but sticky inflation, Trump tariffs, and Powell’s framework review could derail expectations.
In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow debt growth,...
Niccol said Starbucks was founded on customer experience, and wants to return the brand to a position of excellence.
While Rieder's dovish stance aligns with President Trump’s, the BlackRock exec's acknowledgment of tariff-driven inflation may test his appeal to...
White House deputy press secretary Kush Desai told Fortune the debt-to-GDP ratio has fallen under Trump and will keep improving with pro-growth...
Treasury Secretary Scott Bessent is pushing for 50bps to offset missed opportunities earlier this summer, but some analysts warn that rising core...
July inflation data suggests the FOMC's dual mandate may not be in as much of a pickle as economists previously feared.
Once upon a time, a decision to delay sky-high tariffs on China would have been an eleventh hour save—but in 2025 markets barely noticed.
Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning that declining data...
Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump’s new tariff costs, with more companies planning to pass them on...
"For the first time since 2020, CEOs planning to shrink their workforce exceeded the share looking to expand," the Conference Board noted.
Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC member Michelle Bowman...
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers weigh how each...
While other billionaires like Larry Ellison and Mark Zuckerberg saw major gains from the AI rally, Musk's fortune suffered due to an 18% fall in Tesla...
According to a new report from Oxford Economics, the potential output growth for China could fall from around 4% in the 2020s to less than 2% by the...
The resignation of FOMC member Adriana Kugler also opens the door for a more dovish Fed shift.
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing interest rates.
Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.
Analysts see signs of a shift toward easing—possibly beginning in September—but with no guarantees offered after this week's meeting.
Nvidia CEO Jensen Huang—who now ranks above Warren Buffett in wealth—says generous compensation is key to retaining top AI talent.
"We're in much better shape because it's now clear that if there's gonna be a real trade war with anyone, it would just be with China," Secretary Ross...
Despite the large, prearranged sales, Bezos still holds roughly 884 million Amazon shares and maintains a net worth of $252 billion.
RGA CEO Tony Cheng rose through the ranks of the Fortune 500 giant without any intention of becoming its leader—saying humility and a desire to...
Many of Pichai's recent sales were made under a regulatory filing which allows stock sales to be set up in advance by officers of publicly-listed...
Previous presidential visits to the Fed symbolized respect for its independence, Trump’s stop comes after repeated attacks on interest rate policy...
While the announcement was cause for optimism ahead of Aug. 1, analysts remained concerned about the steep tariffs still looming for key trading...
New Medicaid rules will require 18.5 million people to prove they meet the requirements every year—and that portends a bureaucratic nightmare.
Lynsi Snyder is a born and bred Californian, and makes no secret of the fact she loves the state where her grandparents founded burger empire...
The White House believes tariffs are a win for American voters, but Sen. Warren tells Fortune the policy has driven up tariff-vulnerable costs,...
And addresses speculation about VIP dining rooms and elevators, marble facades and water fountains.
Ellison also amended his Giving Pledge to focus resources on his Oxford-based institute tackling healthcare, hunger, and climate change.
Analysts including Deutsche Bank’s Jim Reid and Goldman Sachs’ Sven Jari Stehn suggest Trump's sharp escalation is more likely a negotiation...
In a response to Fortune, Federal Reserve Bank of St. Louis President Alberto Musalem defended the Fed's autonomy, citing global evidence that...
Jamie Dimon warns markets are growing complacent on Trump’s tariff threats, as UBS's Paul Donovan flags a paradox fueling investor overconfidence.
Fed officials are increasingly split on rate cuts, though UBS’s Paul Donovan says their indecision currently amounts to little more than...
The falling-out between Elon Musk and Donald Trump came as no surprise to those who have worked closely with the individuals, such as OpenAI's Sam...
In the financial crisis American consumers stopped showing their wealth off because they were "ashamed" one expert tells Fortune, and this may come...
Lutnick's China promise did little to impress markets, but overall added to a period of relative stability. Yet one analyst warned this may be a...
ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public debate among FOMC members...
Citadel founder and CEO Ken Griffin told graduates there's no shame in switching careers if they're not truly interested in their fields.
Trump claimed that Americans will be paying for Powell's "incompetence" for years to come, while the FOMC has maintained it needs greater clarity...
"We, of all times right now, should be living those values out, not pivoting to what some comms person tells us is the right thing to do. That would...
Europe may have drawn the economic short straw after the U.S. intervened in Middle East tensions, while JPMorgan warns the volatility may be set to...
Your Amazon purchases may seem like a random jumble, but are actually likely to fall into wider societal patterns—or the "rhythm of life" as Prime...
Goldman Sachs said markets are estimating a 65% likelihood of the U.S. intervening in the Middle East, though added there's a 50% chance of a deal...
Bain & Co's latest luxury sector report found growth slowed particularly in the personal goods sector last year—the first time in 15 years with the...
Lukas Walton, heir to the Walmart empire, has been building his investment vehicle for the past eight years with a focus on making the world more...
ANALYSIS: Here are a handful of factors likely impacting the Fed's interest rate decision being announced today.