Phil Orlando, Chief Equity Market Strategist at Federated Hermes, joins Worldwide Exchange to discuss Fed policy, market risks, and why small caps could outperform as rates trend lower.

Jay Powell’s speech at the Federal Reserve’s August summit in Jackson Hole, Wyoming, is always a high-stakes moment. This year, the central bank’s chair takes the podium under fire — facing fierce attacks from Donald Trump and a growing insurgency within his own institution.

Follow all the latest U.S. market action for Wednesday here to see if this week's selling of Ai-related technology names continues, and as Target gives clues on consumer spending.

Palo Alto Networks jumped 6.3% overnight after the cybersecurity company beat Wall Street’s sales and profit forecasts. The California company also announced the retirement of Nir Zuk, its founder, chief technology officer and board member.

Jerome Powell has the ideal platform Friday to deliver a clear signal the Federal Reserve is about to resume cutting interest rates. But the economy isn’t giving him an equally clear signal that now is the time.

The TV-style approach could present the White House with an excuse to meet with some current Fed officials who don’t support lowering rates.

By Howard Schneider WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation-fighting rigor when it was needed in 2022, then last year he came to the defense of the job market with promises of lower interest rates when the unemployment rate seemed on a steady rise.

Powell, 70, has offloaded a "sporting retreat" in Bullock, NC, two years after she pled guilty for attempting to overturn the 2020 election.

The Oscar-winning film editor was visibly emotional while discussing the friendship between her long-time collaborator Scorsese and late husband, Powell: "When Michael died ... Martin Scorsese flew across the Atlantic to be there and throw the first clump of dirt on Michael's grave.

The Brooklyn Nets selected forward Drake Powell with the 22nd overall pick in the 2025 NBA Draft a couple of months ago. What does he bring?