Latest Patrick T. Harker News

'Our bigger enemy': Trump escalates attack on Fed chief

Aug. 23, 2019 11:29 PM EDT

WASHINGTON (AP) — President Donald Trump launched a furious and highly personal Twitter attack Friday against the Federal Reserve and Chairman Jerome Powell, fuming that the Fed once more "did NOTHING!" and wondering who is "our bigger enemy" — Powell or China's leader. The outburst came after...

Global stocks higher ahead of US Fed chairman's speech

Aug. 23, 2019 7:42 AM EDT

BEIJING (AP) — Global stock markets rose Friday ahead of a closely watched speech by the U.S. Federal Reserve chairman at a gathering of global central bankers in Jackson Hole, Wyoming. Market benchmarks in London, Frankfurt, Shanghai and Tokyo all advanced. Investors are looking to Jerome Powell's speech...

Asian stocks mixed ahead of Fed chairman's speech

Aug. 23, 2019 12:27 AM EDT

BEIJING (AP) — Asian stock markets were mixed on Friday after Wall Street declined ahead of a closely watched speech by the U.S. Federal Reserve chairman. Market benchmarks in Shanghai, Tokyo and Australia rose while Hong Kong declined. Investors are looking to Jerome Powell's speech Friday for signs of...

US stock indexes end mixed ahead of Fed chairman speech

Aug. 22, 2019 5:14 PM EDT

A wobbly day on Wall Street left stock indexes mostly lower Thursday as investors turned cautious ahead of a widely anticipated speech by the Federal Reserve chairman. Losses by health care, technology and energy companies, among other sectors, outweighed gains by banks, consumer goods makers and elsewhere in the...