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Wall Street, Trump and Powell

Wall Street is rattled as Trump says he discussed firing Powell but is ‘unlikely’ to do it

President Donald Trump sent the U.S. stock market on a jagged round trip Wednesday after saying he had “talked about the concept of firing” the head of the Federal Reserve.

· 2d · on MSN

Wall Street ends higher after brief slump on Powell firing confusion

· 1d

'A dreadful idea': Why Wall Street's brightest minds hate the idea of Trump firing Fed Chair Powell

· 1d

Firing Powell would do nothing to help Trump on interest rates

For a moment on Wednesday, it looked like President Donald Trump would finally attempt the improbable and fire Federal Reserve Chair Jerome Powell.

· 1d

Republican Senators Caution Trump Against Firing Fed Chair Jerome Powell

· 6h

Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope

· 12h

Hedge funds favour short-dated, convertible bonds if Fed's Powell leaves early

Orlando Gemes, CIO and co-founder of Fourier Asset Management, favours convertible bonds issued by crypto exchange Coinbase.

· 22h

White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell

· 21h

Wall Street cruises to more records as PepsiCo and tech stocks rally

Why it's so challenging for Trump to fire Powell

A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any guarantee of a courtroom victory for the White House.

2don MSN

Wall Street closed in the green as Trump targets Powell and softer PPI data arrived

Wall Street watched the major averages end Wednesday on top as markets grinded out a win in the wake of a softer-than-anticipated wholesale inflation report and news that President Trump indicated that he would fire Fed Chairman Jerome Powell.

1don MSN

Trump may have broken Wall Street

This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a move crossed a red line.

OpenAI gets Wall Street attention, crypto craze rages on: Opening Bid top takeaways

JPMorgan's Brenda Duverce is initiating coverage on the AI startup today. Duverce said OpenAI stands to shake up the search market further in the years ahead, with an unrivaled brand and a $700 billion total addressable market potential.

2don MSN

Stocks End Higher After Trump Plays Down Intentions to Fire Powell

The S&P 500 reverses earlier losses to close just shy of a record.