Fed's Powell bolsters rate cut view on trade, growth concerns
Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to "act...
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Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
The Fed is looking into Facebook's Libra cryptocurrency as Powell flags 'serious concerns'
Federal Reserve Chairman Jerome Powell says Facebook's cryptocurrency project raises serious concerns.
Fed's Powell explains why a return to the gold standard would be so damaging
Powell told Congress that he doesn't think a return to the gold standard in the U.S. would be a good idea.
U.S. producers cut a third of Gulf of Mexico production as storm approaches
Crude production in the U.S. Gulf of Mexico on Wednesday was cut by nearly a third, or 602,715 barrels per day (bpd), as a storm threatened...
Powell assails gold standard supported by Trump Fed nominee
Federal Reserve Chairman Jerome Powell on Wednesday rejected the idea of returning the United States to the gold standard even as he asserted that his remarks...
Many Fed officials saw near-term rate cut, not all convinced: minutes
Many U.S. Federal Reserve officials at their last meeting thought more stimulus would be needed soon if risks to the U.S. economy did not let up,...
Fed chief says Facebook currency project raises 'serious concerns'
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were...
S&P 500 breaks through 3,000 following Powell comments
The benchmark S&P 500 briefly crossed the 3,000-point mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell boosted the...
U.S. oil firms cut nearly a third of Gulf of Mexico output ahead of storm
U.S. oil producers on Wednesday cut nearly a third of offshore Gulf of Mexico crude output as what could be one of the first major storms...
Wall St. hits record on Powell's comments; S&P 500 crosses 3,000
The benchmark S&P 500 briefly crossed the 3,000 points mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell bolstered...
Oil up $2 on U.S. crude stocks draw, Gulf of Mexico storm
Oil prices gained $2 a barrel on Wednesday after U.S. crude inventories shrank more than expected and as major producers evacuated rigs in the Gulf of...
Powell says Fed is looking into Facebook's Libra cryptocurrency, flags 'serious concerns'
Federal Reserve Chairman Jerome Powell says Facebook's cryptocurrency project raises serious concerns.
Exxon evacuating workers from Gulf of Mexico platforms as storm nears
Exxon Mobil Corp on Wednesday said it has removed non-essential staff from three U.S. Gulf of Mexico platforms, but expected a storm forming in the Gulf...
Fed's Powell explains why a return to the gold standard would be so damaging to the economy
Powell told Congress that he doesn't think a return to the gold standard in the U.S. would be a good idea.
Fed's Powell, in Trump's crosshairs, gets backing from Congress
Federal Reserve Chairman Jerome Powell came to Capitol Hill on Wednesday with two goals: cementing the case for an interest rate cut at the end of...