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

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

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...