A growing financial storm could hit the US dollar and Treasuries if President Donald Trump removes Federal Reserve Chair Jerome Powell from his post. According to Deutsche Bank, this scenario is being severely mispriced by the market,

U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new records. Federal Reserve Chairman Jerome Powell hints on interest rates as President Trump hurls more insults at the central banker.

Federal Reserve officials split over when to cut rates, Brazil vows response to 50% tariff, and more news to start your day.

US stocks quietly open mostly down after Trump's 30% tariff on EU, Mexico from Aug 1. Analysts say markets are growing numb to Trump's tariff threats.

In the latest trading session, Powell Industries (POWL) closed at $211.91, marking a -2.08% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.61% for the day.

The dollar index (DXY00 ) Wednesday recovered from early losses and rose by +0.09%. The dollar moved higher Wednesday afternoon due to hawkish comments from Fed Chair Powell, who said, "We expect ...

U.S. equity futures showed little change early Wednesday as investors weighed fresh tariff developments and awaited key insights from the Federal Reserve’s June policy meeting minutes. President Donald Trump remained firm on his tariff deadline while hinting at broadening his trade measures with a possible 50% tariff on copper imports.

President Donald Trump's relentless criticism of Federal Reserve Chair Jerome Powell is a calculated move to weaken the U.S. dollar, according to Ed Yardeni, president of Yardeni Research. What Happened: Trump's attacks on Powell aim to pressure the Fed chair into cutting interest rates or resigning,