Editor’s Note: A version of this story appeared in CNN Business’s Nightcap newsletter. To get it in your inbox, sign up for free here. new York CNN — If Fed Chair Jerome Powell were less tight-lipped, he would have every right to call a press conference, step up to the podium in a T-shirt and … Read more
Washington, D.C CNN — The Federal Reserve has two goals: to keep inflation under control and to maximize employment. Mike Pence, who served as Donald Trump’s vice president and is fighting for leadership of the White House, is campaigning for the Fed’s employment mandate to be scrapped. Some economists say it wouldn’t be a bad … Read more
A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can login exactly here. You can listen to an audio version of the newsletter by clicking the same link. new York CNN — The stock market has made incredible strides since its downturn last year — so … Read more