US stocks edge up, with S&P 500 and Nasdaq near record highs. AI sentiment improves. Trump criticizes Fed chair Powell, boosting rate cut bets.

The dollar fell and US Treasuries rallied after a report that President Donald Trump is considering naming Federal Reserve Chair Jerome Powell’s successor well before the incumbent’s term is scheduled ...

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed ...

A third report said the U.S. economy shrank by more during the first three months of 2025 than earlier estimated. But many ...

McCormick, the seller of cooking spices, helped lead the way and rallied 5.3% after delivering a better-than-expected profit ...

Bets on interest rate cuts are rising as President Trump appears to get closer to naming his replacement for Federal Reserve ...

Stocks climbed higher on hopes of rate cuts and trade easing, with the S&P 500 a few points shy of its record close in ...

New York (CNN) — The S&P 500 on Thursday flirted with closing at an all-time high, vying to complete a whirlwind roundtrip ...

The S&P 500 on Thursday flirted with closing at an all-time high, vying to complete a whirlwind roundtrip that saw the ...

Recurring applications for US unemployment benefits rose to the highest since November 2021, extending a sharp increase over the past 1½ months and signaling more people are staying out of work for ...