Bitcoin (CRYPTO: BTC) may have found a new friend in town, as Fed Chair Jerome Powell took a surprisingly open stance on crypto assets during his Wednesday press conference. Powell indicated that banks can serve crypto customers as long as they understand and manage the risks,

Federal Reserve chair Jerome Powell on Wednesday said asset prices are "elevated by many metrics" and chalked up a good portion of that to the valuations of technology and artificial intelligence (AI) stocks.

Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was reappointed by Obama and sworn in on June 16, 2014, for a term that expires on Jan. 31, 2028.

Federal Reserve Chair Jerome Powell on Wednesday said asset prices appear "elevated by many metrics right now," driven in part by "this thing around tech and AI." In his news conference following the Fed's policy decision,

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,

U.S. stocks closed lower on Wednesday following the Federal Reserve's decision to hold interest rates steady. Fed Chair Jerome Powell provided positive economic insights, but technology stocks like Nvidia and Microsoft pulled the S&P 500 down.

Nasdaq 100 dips as Powell’s Fed decision, Nvidia’s AI battle, and key earnings from Microsoft, Tesla, and Meta set the market tone. Volatility ahead!

A January rate hold is all but certain, but the Federal Reserve chair's first speech during Trump's second presidency could still hold clues on inflation concerns.

Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.

The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of 4.25%-4.5%. The decision by the central bank’s Federal Open Market Committee (FOMC) came as anticipated,

IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company forecasted free cash flow of $13.5 billion for the full year, above the $12.92 billion Wall Street had expected. IBM also said its generative AI book business now stands at more than $5 billion.