THE TRUTH ABOUT: 5 | History Defined

Aging boomers are making it harder to tame inflation

Older Americans aren’t returning to the workforce, and that has major implications for inflation and the U.S. economy long term.

Fortune · Nov 30, 2022

Fed Chair Jerome Powell is on a high-stakes mission to tame inflation. Some insiders fear he’ll go too far. Others fear he won’t go far enough

The Federal Reserve chairman has sworn to fight runaway price increases, but Powell's critics fear he’ll cave in to political pressure before he wins the battle.

Fortune · Nov 29, 2022

The Fed risks a 1920s-style Great Depression, warns ARK Invest's Cathie Wood

The celebrated ARK Invest founder warns the Fed is moving too quickly this year.

Fortune · Nov 14, 2022

UK inflation rises to fresh 40-year peak of 9.1% as cost of living crisis worsens – as it happened

Higher food, energy and record petrol prices push up inflation in May, as bread, cereal and meat become more expensive

The Guardian - UK · Jun 22, 2022

It's Time to Take Powell At His Word

No more lip service from you, Jay Powell.  The Chairman of the Federal Reserve has notably been sanguine about inflation, the economy and the potential for creating a massive bubble that may be impossible to retreat from.  Words are words, action is action.  And frankly all one has to point…

Benzinga · Jun 6, 2022

Biden to stress Fed independence in Powell meeting, Deese says

President Joe Biden will use his meeting with Federal Reserve Chairman Jay Powell to stress that he’s giving the central bank “space to operate” independently to address the inflation crisis, White House economic adviser Brian Deese said.

Tribune News Service · May 31, 2022

DraftKings Stock Falls To 52-Week Low: What's Going On?

DraftKings Inc (NASDAQ: DKNG) shares closed Thursday down more than 7% at new 52-week lows.

Benzinga · Apr 21, 2022

What's Going On With Plug Power Stock?

Plug Power Inc (NASDAQ: PLUG) shares closed Thursday down nearly 15%. The stock fell alongside several names in the broader industrials sector amid overall market weakness following U.S. Fed chair Jay Powell's hawkish rate hike commentary.

Benzinga · Apr 21, 2022

Morning Brief: Top Stories Dominating Financial Media on Tuesday, March 22

CNBC

Benzinga · Mar 22, 2022

Fed Chair Emphasizes On More Aggressive, Tighter Monetary Policy To Curb Inflation

Federal Reserve Chair Jay Powell has emphasized on tighter and more aggressive monetary policy to tackle excessive inflation, the Financial Times reports.

Benzinga · Mar 22, 2022