Here’s Watch Fed - QuikReader

Powell says he would not resign as Fed chief if Trump asked for his resignation

When asked whether he would resign if asked by Trump, the Fed chair simply said: "No."

Business - CNBC - 2 hours ago

Fed Chair Powell says he won't resign if Trump asks him to step down

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - 2 hours ago

S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates

The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.

Bank of America tops estimates on better-than-expected trading revenue

Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.

Business - CNBC - October 15

Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results

Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.

Business - CNBC - October 15

Harris Needs a Closing Argument. Here’s One.

Trump turned us into a nation of haters. He’ll do it again if he wins next month.

Top stories - The New York Times - October 15

Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue

Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.

Business - CNBC - October 16

Here’s Why the Gender Pay Gap Is Getting Wider

Reversing a 20-year trend, the gap between men’s and women’s wages increased in 2023.

Business - Inc. - October 16

Here Comes the Sun: Ryan Seacrest and more

Television host Ryan Seacrest sits down with Luke Burbank to discuss his new role as host of "Wheel of Fortune." Then, Tracy Smith meets an entrepreneur on a mission to help lift women in ...

Here's how interest rates impact gold prices

When interest rates drop, gold prices often rise — but there are also other factors at play.

Here’s Why Drone Maker DJI Sued the Pentagon

The China-based maker of more than half of all commercial drones in the U.S. went to court to fight its placement on a list of companies said to be working with the Chinese military.

Business - Inc. - October 21

Latest in Here’s Watch Fed