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Jerome Powell

Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.


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Powell says Fed cannot hold bitcoin, not seeking to change that

Wall Street limped to a downbeat end of the trading week on Friday as a sell-off in Big Tech stocks dragged the Dow Jones Industrial Index down by more than 500 points at one point during the session.

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Wall Street rally hits year-end snag as Dow drops by nearly 500 points

MCLEAN, Va. (AP) — Average rate on a 30-year mortgage in the US climbs to 6.85%, according to Freddie Mac, the highest level since July.  Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. The post Average rate on a 30-year mortgage in the US climbs to 6.85%, according to Freddie Mac, the highest level since July appeared first on KOB.com.

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Average mortgage rates close 2024 at the highest since July

Elon Musk took aim at the Federal Reserve on social media early Monday morning, calling it “absurdly overstaffed.”

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Trump's efficiency co-chief Elon Musk calls Fed ‘absurdly overstaffed’

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