Markets jump after Powell rebuffs Trump  ...Middle East

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Markets jump after Powell rebuffs Trump 
Welcome to The Hill's Business & Economy newsletter {beacon}

    Business & Economy

    Financial markets finished the week on a high note after Federal Reserve Chair Jerome Powell stood his ground against President Trump in a rare joint appearance by the two men Thursday.

    Key business and economic news with implications this week and beyond:

     Full Story

    For the second year in a row, Raleigh, N.C., tops the list of best U.S. cities for recent college graduates thanks to its job opportunities, comparatively affordable cost of living and strong hiring, according to a study from payroll provider ADP.

    Trump to meet with EU leader in Scotland for trade talks

     Full Story

    Upcoming news themes and events we're watching:

    The Federal Open Market Committee (FOMC) is set to make a decision on interest rates next Wednesday at 2 pm EDT The Senate is expected to consider its first batch of government funding bills for fiscal 2026 next week. 

    Branch out with more stories from the day:

    Business and economic news we've flagged from other outlets:

    S&P 500 posts fifth straight record close this week, powered by solid earnings (CNBC) Tariffs will drive up U.S. prices even with Trump trade deals, experts say (CBS News) Photos of renovations at the Federal Reserve’s Great Depression-era headquarters (The Associated Press)

    Opinions related to business and economic issues submitted to The Hill:

    Trump should not fire Jay Powell — at least, not yet Dear Elon: The answer to our debt problem is hard money

       

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