Powell says Cook Supreme Court case is the most important in the Fed’s 113-year history

Powell says Cook Supreme Court case is the most important in the Fed’s 113-year history


Key Points
  • Federal Reserve Chair Jerome Powell offered his first explanation into his controversial decision to attend Fed Governor Lisa Cook’s Supreme Court hearing.
  • He said it was among the most important legal cases that the central bank has ever seen.



Source

Stocks making the biggest moves after hours: Apple, Robinhood, Visa, Sandisk and more
Finance

Stocks making the biggest moves after hours: Apple, Robinhood, Visa, Sandisk and more

Check out the companies making headlines in after-hours trading. Apple — Shares rose less than 1% after the company posted blowout fiscal first-quarter results, with notably strong revenue from its iPhone 17 models released in September. Apple earned $2.84 per share for the quarter, higher than the $2.67 per share expected by analysts surveyed by […]

Read More
Software stocks enter bear market on AI disruption fear with ServiceNow plunging 11% Thursday
Finance

Software stocks enter bear market on AI disruption fear with ServiceNow plunging 11% Thursday

In this article ASUR Follow your favorite stocksCREATE FREE ACCOUNT ServiceNow Inc. signage during the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Software stocks on Thursday slid deeper into an ongoing intense sell-off this year as investors recoiled from the sector on […]

Read More
‘Climate of fear’: ICE violence in Minnesota forces CEOs to weigh the risks of speaking out against Trump
Finance

‘Climate of fear’: ICE violence in Minnesota forces CEOs to weigh the risks of speaking out against Trump

Key Points Corporate leaders broke their near year of silence on President Donald Trump’s policies after the fatal shooting of Alex Pretti by federal immigration agents in Minneapolis. Yet it’s clear business leaders are treading carefully as they face possible retribution from the White House or risk backlash from a divided American public. “They don’t […]

Read More