Stocks rise; Powell says cutting rates will help the economy avoid a recession; imports rise in January; initial unemployment claims unchanged.

Powell says the Fed is not far from rate cuts

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News

Consumer confidence ticked up; home prices set a record; a big oil merger gets the thumbs-up from shareholders.

A mixed finish on Wall Street

The consumer confidence index improved after three months of decline; home prices hit another record in March; T-Mobile struck a deal to purchase much of U.S. Cellular; bond investor Gross says Trump presidency would be worse for markets.

Consumer confidence recovers a little

Stocks close mostly higher; consumers expect slower inflation; Live Nation hit with second antitrust lawsuit; UAW asks for a new vote in Alabama.

Live Nation hit with another antitrust lawsuit

If approved, the NCAA settlement would allow colleges to pay student athletes; business spending picks up in April, according to durable goods report; Justice Department sues to break up Live Nation, calling it a monopoly; Memorial Day travel kicks off with a major test for air travel.

Landmark settlement would change college athletics

AI drives Nvidia profits higher; New home sales slump; White House says an independent Fed is best.

Powell says the Fed is not far from rate cuts

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