Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.

It was not a flattering moment for a president who routinely makes up figures but who is rarely fact-checked by his appointees on camera.

President Donald Trump’s unprecedented walk-through of the Federal Reserve’s now-controversial building renovation project with Jerome Powell ended with a sign of relief for the central bank chief who’s been under pressure for months to slash interest rates.

The president wanted to take Jerome Powell, the Fed chair, to task over the cost of renovations to the central bank’s headquarters, but Mr. Powell was having none of it.

The president’s participation in a tour of the Fed had the makings of a public relations disaster for the central bank. But by Friday, the president was praising Powell.

Required to take a 2025 required minimum distribution, but don’t need the funds? Consider taking it now and stashing it in a 4.60% CD before the Fed cuts rates this fall.

A looming U.S. deadline for more severe global tariffs is among a barrage of upcoming events threatening to disrupt an increasingly calm U.S. stock market that has set a string of all-time highs.

The Federal Reserve hasn’t seen two governors break ranks with the board since 1993. It could happen at this month’s FOMC meeting.

The Fed has held its benchmark interest rate between 4.25% and 4.5% this year, though officials have penciled in two cuts by year-end.