Joe Wallace
Reporter at The Wall Street Journal
Reporter at The Wall Street Journal. [email protected]
Articles
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6 days ago |
wsj.com | Joe Wallace |Hannah Lang
Nvidia stock falls amid continued trade tensionsPresident Trump stepped up his attacks on Jerome Powell, saying the Federal Reserve chair’s “termination cannot come fast enough.”In an early morning social-media post, the president argued Powell was always late, and the U.S. central bank should have cut rates more aggressively like its main counterpart in Europe. The European Central Bank cut rates a quarter-percentage point Thursday, its seventh cut in eight meetings.
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6 days ago |
wsj.com | Hannah Lang |Joe Wallace
Nvidia stock slips amid trade tensions; Trump renews attacks on PowellStocks wrapped up another volatile week with a mixed day as the global trade war remains top of mind and tensions rose between the Trump administration and the Federal Reserve. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In
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1 week ago |
wsj.com | Joe Wallace
↗️ Hertz (HTZ): Shares in the car-rental company shot up about 25% in premarket trading. The stock had surged 56% Wednesday when Bill Ackman's Pershing Square Capital Management disclosed a stake in the original meme stock. ↗️ Nvidia (NVDA); AMD (AMD): Shares in both chip companies edged up premarket, after selling off Wednesday on the news that their exports would be restricted.
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1 week ago |
wsj.com | Joe Wallace
Janet Yellen was Treasury secretary under the Biden administration and previously led the Federal Reserve. (Jeenah Moon/Reuters)Investors appear to be starting to shun dollar-based assets, former Treasury Secretary Janet Yellen said in a CNBC interview Monday. "I don't think we are seeing dysfunction in the sense of liquidity completely drying up in the markets," Yellen said of the rise in Treasury yields during last week's market selloff.
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2 weeks ago |
wsj.com | Joe Wallace
More sharp declines in asset prices are likely in store, says the Bank of England. "Notwithstanding... falls in asset prices, the risk of further sharp corrections remains high," the U.K. central bank said Wednesday. It said risk premia, or the compensation investors receive for holding riskier assets such as stocks or junk bonds, are still tight, suggesting prices could have a way to drop. The BOE's report details meetings of the Financial Stability Committee that took place Tuesday and last week.
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RT @JoshCrumb: Was fun to help @josephttwallace on background for this #gold long-form good read in the WSJ today. Deja vu all over again f…
RT @CostasParis: The U.S. isn’t sure what to do with $2 billion that Russia has stuck at JPMorgan. The money was frozen after Justice Depar…
The U.K. sanctioned a secretive oil-trading company that it described as a linchpin in Russia’s oil market. The company’s activities were first documented by the Journal earlier this year @CostasParis @ahirtens @alexfrangos https://t.co/C5qhjg1swj