Donald Trump selects Kevin Hassett to lead National Economic Council

Donald Trump selects Kevin Hassett to lead National Economic Council


Key Points
  • President-elect Donald Trump picked Kevin Hassett to lead the National Economic Council.
  • The move brings Trump closer to rounding out his economic team, with U.S. trade representative being the last of the key positions left.
  • Trump made the announcement in a post on Truth Social.



Source

PayPal pops nearly 7% on report fintech startup Stripe is weighing an acquisition
Finance

PayPal pops nearly 7% on report fintech startup Stripe is weighing an acquisition

Key Points Fintech startup Stripe is reportedly in early discussions to potentially buy PayPal. PayPal’s stock has plummeted over the last year as it faces slowing growth and mounting competition in the digital-payments market. Stripe hit a $159 billion valuation on Tuesday and said it was on track to reach an annual run rate of […]

Read More
Stocks making the biggest moves midday: IBM, AMD, Dillard’s, Novo Nordisk, Keysight Technologies & more
Finance

Stocks making the biggest moves midday: IBM, AMD, Dillard’s, Novo Nordisk, Keysight Technologies & more

Check out the companies making headlines in midday trading: Dillard’s — Shares fell 7% after the department store posted weaker-than-expected revenue in the holiday quarter. Fourth-quarter revenue came in at $1.99 billion, while analysts polled by FactSet anticipated $2.03 billion. Dillard’s cited winter storms as a driver behind its sales results, which it says hurt […]

Read More
Stocks making the biggest moves premarket: AMD, Home Depot, Hims & Hers Health, Diamondback Energy and more
Finance

Stocks making the biggest moves premarket: AMD, Home Depot, Hims & Hers Health, Diamondback Energy and more

Check out the companies making headlines before the bell: Advanced Micro Devices — The semiconductor maker rose about 11% after it inked a multiyear deal with Meta to lend up to 6 gigawatts of its graphics processing units to artificial intelligence data centers. The cost of the deal is unclear, but the companies’ agreement includes […]

Read More