Federal Reserve not out of ammunition ‘by a long shot’

Federal Reserve not out of ammunition ‘by a long shot’

Federal Reserve Chairman Jerome Powell said the central bank can still do more to soften the economic blow of the coronavirus pandemic, telling CBS’s 60 Minutes that a recovery is possible in the second half of the year. “There’s a lot more we can do,” Powell said. “We’ve done what we can as we go. […]
Futures point to higher open on Wall Street as Powell talks recovery

Futures point to higher open on Wall Street as Powell talks recovery

Stock futures opened marginally higher on Sunday, indicating a boost to Wall Street when Monday’s session begins, after major benchmarks ended a volatile week on an unexpectedly upbeat note. Despite a raft of grim data, investors are reacting to states and cities that...
Happy to go back to NYSE floor: Wall Street’s iconic trader

Happy to go back to NYSE floor: Wall Street’s iconic trader

Wall Street’s iconic trader, who recently beat COVID-19, says he’s happy to be going back to the New York Stock Exchange on May 26, when the trading floor is set to re-open. “I love what I do, and I’ll do anything to get back there, and be able to be around the...