The SPDR S&P 500 ETF (SPY) is down 7% year-to-date through March 30, 2026, while the VIX rose to 30.61 as energy shocks driven by WTI crude oil above $100 a barrel threaten to reverse inflation. Core PCE inflation reached 128.394 in January 2026, its highest figure in 12 months, while the yield of the … Read more
CAMBRIDGE, Mass. (AP) – Federal Reserve Chairman Jerome Powell said Monday that it is important to carefully watch inflation during the rise in energy prices since the Iran war. Watch Powell’s comments in full in the video player above. Powell, who spoke in front of about 400 students at Harvard University when gas prices averaged … Read more
Federal Reserve Chairman Jerome Powell has a message for young Americans looking for work in a tough job market: Don’t be discouraged, even though job creation remains weak and the threat of artificial intelligence remains. The chairman of the Fed, who gave comments on Monday to an undergraduate economics class at Harvard University, talked a … Read more