U.S. regulators toss out rules requiring banks to prepare for climate change

Key Points

Regulators are doing away with controversial regulations that required banks to plan for losses in the event of climate-related events, according to an announcement Thursday.
Trump administration officials have criticized the Fed for falling prey to mission creep, or exceeding the scope of its mandates for monetary policy and bank supervision.

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Finance

Stocks making the biggest moves after hours: Akamai Technologies, Expedia, Lyft, Texas Roadhouse and more

May 7, 2026

Check out the companies making headlines after the bell : Gen Digital — The software stock popped 8% after sharing current-quarter and full-year revenue guidance that exceeded analysts’ expectations, per FactSet. Gen Digital also posted a fiscal fourth-quarter adjusted earnings and revenue beat. Airbnb — The vacation rental stock added 1%. First-quarter revenue of $2.68 […]

Finance

Stocks making the biggest moves midday: Planet Fitness, Whirlpool, Vital Farms, Shake Shack & more

May 7, 2026

Check out the companies making the biggest moves midday: Planet Fitness — Shares fell nearly 33% after the gym operator lowered its full-year earnings outlook. The company now sees its bottom line growing about 4% year on year. That’s down from a forecast that called for an expansion of 9% to 10%. Vital Farms — […]

Finance

Kalshi traders see odds rising that a U.S.-Iran nuclear deal will be reached by 2027

May 7, 2026

Key Points Traders on prediction markets platform Kalshi now see a 58% chance a deal is reached by 2027. That’s higher than before an Axios report said the two countries were close to a deal to end the war, but lower than in mid-April when there was more hope for an end to the conflict. […]