Nicole Goodkind

1 week ago | barrons.com | Nicole Goodkind |Megan Leonhardt

1 month ago | barrons.com | Matt Peterson |Nicole Goodkind

The Federal Reserve is unique among government agencies, the Supreme Court ruled Thursday. While the ruling doesn’t explicitly prevent President Donald Trump from firing Fed Chair Jerome Powell or any other member of the central bank, it does provide some relief to market participants worried about Fed independence.

1 month ago | barrons.com | Rebecca Ungarino |Nicole Goodkind

Michelle Bowman, a fifth-generation community banker from Kansas and a governor of the Federal Reserve since 2018, is President Donald Trump’s pick for vice chair for supervision, a role that would give her oversight of the U.S. banking system. Her confirmation, which could move forward this month in the Senate, represents a defining moment in the broader fight over the future of financial regulation, and would be an important win for advocates of lighter bank regulation.

1 month ago | barrons.com | Nicole Goodkind |Brian Swint

Almost no one expects the Federal Reserve to change the level of interest rates at its policy meeting on May 7-8. Rather, the focus will be on Fed Chair Jerome Powell’s comments in a post-meeting press conference about the reasons for officials’ cautious stance, and their economic outlook as the Trump administration’s tariffs begin to bite. “Chairman Powell is all but certain to express a wait-and-see attitude,” said Erik Weisman, chief economist at MFS Investment Management.

Nov 6, 2024 | news.lee.net | Nicole Goodkind

New York (CNN) — US stocks rallied Tuesday as Wall Street awaited the results of a closely contested presidential race. The Dow rose over 425 points, or 1%; the S&P 500 gained 1.2%; and the tech-heavy Nasdaq climbed 1.4%, all underscoring investor optimism as Americans cast their ballots. “The market appears to be in an anticipatory relief rally now that the election is here,” said Louis Navellier of Navellier & Associates in a note to investors Tuesday.