Jerome Powell says Gen Z without tech skills are getting crushed in the ’low-hire, low-fire’ job market—and colleges are failing them

Todd Kahn, the CEO of Coach, recently shared insights on how the brand is resonating with Gen Z consumers, who are increasingly spending on fashion. He emphasized a strategy focused on fewer ideas but richer storytelling, particularly with their popular charms and sneakers. By keeping their bags priced between $200 and $500, Coach aims to attract this younger demographic while enhancing brand loyalty. This approach not only reflects changing consumer preferences but also highlights the importance of meaningful narratives in today's fashion industry.

The head of the Bank of Canada has voiced concerns regarding actions taken by former President Trump that could impact the Federal Reserve's policies. This is significant as it highlights the interconnectedness of global economies and the potential ripple effects of political decisions on financial stability. Investors and policymakers alike are paying close attention to these developments, as they could influence interest rates and economic growth.

Major U.S. stock indexes have taken a hit, breaking their recent winning streak, largely due to a decline in tech stocks. This downturn comes as Federal Reserve Chair Jerome Powell hinted at the possibility of further rate cuts, which could impact market dynamics. Understanding these shifts is crucial for investors as they navigate the changing landscape of the stock market.

In the latest episode of Bloomberg Businessweek Daily, hosts Carol Massar and Tim Stenovec delve into Fed Chair Jerome Powell's insights on the challenges facing the central bank, emphasizing that there is no 'risk-free' path for monetary policy. This discussion is crucial as it highlights the complexities of economic decision-making in uncertain times. Additionally, the episode features Bloomberg's Michael McKee and Senior White House Correspondent Josh Wingrove, who analyze President Trump's confrontational speech at the United Nations, shedding light on its implications for international relations.

Federal Reserve Chairman Jerome Powell recently addressed the challenges facing the Fed following last week's rate cut, emphasizing that there are no risk-free options for monetary policy. He highlighted the conflicting pressures of rising inflation risks and potential job losses, indicating a complex economic landscape ahead. This matters because it signals to markets and policymakers that the Fed is navigating a delicate balance, which could influence future economic decisions and stability.

The dollar remains stable as investors digest recent comments from Federal Reserve Chair Jerome Powell. His insights on monetary policy and economic outlook are crucial for market participants, influencing their decisions on currency investments. Understanding Powell's perspective helps investors gauge potential shifts in the economy and adjust their strategies accordingly.

Federal Reserve Chair Jerome Powell addressed the Greater Providence Chamber of Commerce, highlighting the challenging outlook for the labor market and inflation. He emphasized that the risks are two-sided, with inflation pressures potentially rising while employment faces downward risks. This statement is significant as it reflects the complexities policymakers face in deciding on interest-rate cuts, indicating that the economic landscape remains uncertain.

Jerome Powell, the chair of the Federal Reserve, has highlighted the challenging situation the central bank faces as the debate over interest rates intensifies. With inflation remaining a concern, Powell's remarks underscore the delicate balance the Fed must strike between fostering economic growth and controlling rising prices. This discussion is crucial as it impacts not only financial markets but also everyday consumers and businesses.

Federal Reserve Chair Jerome Powell is navigating a careful balance between addressing inflation and supporting job growth, as differing opinions emerge among policymakers. This approach is crucial as it impacts economic stability and influences decisions that affect everyday Americans.

Jerome Powell, the chair of the Federal Reserve, has firmly rejected former President Trump's accusations that the central bank is influenced by political pressures. This response comes at a crucial time when the independence of the Fed is under scrutiny. Powell's stance is significant as it reinforces the importance of maintaining a non-political approach to monetary policy, which is vital for economic stability and public trust.

Federal Reserve Chair Jerome Powell recently addressed concerns about the Fed's independence from political influences during an event in Rhode Island. He emphasized that the Fed's policy decisions are made without political considerations, which is crucial for maintaining economic stability. This statement is significant as it reassures markets and the public that monetary policy will remain focused on economic indicators rather than political pressures.

Federal Reserve Chair Jerome Powell emphasized that there is no risk-free path for the economy as it navigates the challenges of job growth and inflation. This statement highlights the delicate balance the Fed must maintain in its monetary policy to support economic recovery while managing inflationary pressures. Understanding Powell's insights is crucial for investors and policymakers as they prepare for potential shifts in economic conditions.

Kenvue, the maker of Tylenol, has seen a rebound in its shares, indicating a positive shift in investor confidence. This comes at a time when former President Trump is facing significant pushback regarding his recent claims. The developments in Kenvue's stock performance are noteworthy as they reflect broader market trends and consumer sentiment, while Trump's situation highlights ongoing political tensions.

Sempra Infrastructure Partners has been downgraded to a 'BBB' rating following the recent decision regarding the Port Arthur LNG2 project. This downgrade reflects concerns about the project's viability and potential impacts on the company's financial stability. Investors and stakeholders should pay close attention to how this rating change might affect Sempra's future operations and market position.

The FDA's recent approval of a new drug for autism has sparked significant discussion about the review process for medications targeting this condition. This approval is noteworthy as it may change how future treatments are evaluated, potentially leading to quicker access for patients. The implications of this decision could reshape the landscape of autism treatment and influence how similar drugs are assessed in the future.

Todd Kahn, the CEO of Coach, recently shared insights on how the brand is resonating with Gen Z consumers, who are increasingly spending on fashion. He emphasized a strategy focused on fewer ideas but richer storytelling, particularly with their popular charms and sneakers. By keeping their bags priced between $200 and $500, Coach aims to attract this younger demographic while enhancing brand loyalty. This approach not only reflects changing consumer preferences but also highlights the importance of meaningful narratives in today's fashion industry.

Micron Technology has reported impressive earnings for Q4 2025, surpassing both EPS and revenue forecasts. This positive performance highlights the company's strong position in the semiconductor industry and reflects its ability to adapt to market demands. Investors and analysts are optimistic about Micron's future growth prospects, making this news significant for stakeholders and the tech sector as a whole.

Jonathan Clements, a respected financial columnist for the Wall Street Journal, passed away this weekend, leaving behind a legacy of insightful financial advice. His ideas have guided countless individuals in managing their finances wisely, emphasizing the importance of saving, investing, and planning for the future. Clements' work not only educated readers but also inspired them to take control of their financial destinies, making his contributions to personal finance invaluable.