Federal Reserve Chair Jerome Powell doused hopes for an interest rate cut beginning in March, stressing that policy makers would need to see a sustained path toward their 2% inflation target before they could take action.
"Based on the meeting today, I would tell you that I don't think it is likely that the committee will reach a level of confidence by the time of the March meeting to identify March as the time to do that," Powell said ...

Former President Donald Trump defeated former South Carolina Gov. Nikki Haley in Tuesday's New Hampshire primary, moving closer to a general election rematch against President Biden.
The ex-president got 47.3% of the vote according to Real Clear Polling. While no one knows who will become president, some people on Wall Street are starting to envision the effects of a second Trump administration. This could have an impact...