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Yahoo FinanceStock market today: Dow, S&P, Nasdaq slide as Fed cuts rates, signals 2 more reductions in 2025
Stocks eyed a rebound Wednesday, with the blue-chip Dow looking to snap its longest losing streak since 1978
ReutersFed's Powell not ready to say what Trump policies will do to economy
Federal Reserve Chairman Jerome Powell said Wednesday it's too soon to say what President-elect Donald Trump's proposed economic policies will do to the economy and how that might bear on the central bank's policy choices. "We need to take our time, not rush” and see what the new president delivers, Powell said, amid economists' expectations that tariffs and deportations favored by Trump are likely to push inflation higher.
- The Canadian Press
Montana's top court upholds landmark ruling in youth climate case over greenhouse gas emissions
HELENA, Mont. (AP) — Montana’s Supreme Court on Wednesday upheld a landmark climate ruling that said the state was violating residents’ constitutional right to a clean environment by permitting oil, gas and coal projects without regard for global warming.
Headlines
- David Pastrnak scores in OT as Bruins rally to beat Flames 4-3
- Patrik Laine hat trick powers Canadiens to 6-1 win over Sabres
- Falcons name rookie Michael Penix Jr. starting QB over Kirk Cousins
- Yankees trade for Cubs OF Cody Bellinger, a former NL MVP
- Michael Vick reportedly hired as head football coach at Norfolk State