Finance
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
Read More
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December. Text removed from the December statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
Read More
Stocks making the biggest moves midday: Intel, AT&T, Stride, Elevance Health, Textron & more
Check out some of the companies making the biggest moves midday: Intel – The chipmaker climbed more than 11%, boosted by a report from DigiTimes saying Nvidia will shift chip production from Taiwan Semiconductor Manufacturing to Intel in 2028. Taiwan Semi added 1%. ASML — U.S.-listed shares of the semiconductor equipment maker fell more than […]
Read More
JPMorgan Chase and Bank of America to match $1,000 U.S. contributions to employee ‘Trump accounts’
Key Points JPMorgan Chase and Bank of America said Wednesday in separate announcements that the firms will match the U.S. government’s one-time $1,000 contribution to new children’s retirement savings accounts for eligible employees, the latest financial firm to announce such a measure. The so-called “Trump accounts” are part of a pilot program that deposits $1,000 […]
Read More
Stocks making the biggest moves premarket: ASML, Texas Instruments, Qorvo & more
Check out the companies making the biggest moves in the premarket: ASML — U.S.-listed shares of the semiconductor equipment giant reported record orders and issued strong 2026 guidance due to the artificial intelligence boom. The company also announced a share buyback program worth 12 billion euros. Texas Instruments — The chipmaker jumped more than 8% […]
Read More
Airbus, AstraZeneca and HSBC executives join UK’s Starmer on high-stakes China trip
Key Points Starmer brings nearly 60 business and cultural groups on first U.K. leader visit to China in eight years. Talks with Xi and Li focus on trade, investment and national security. Visit follows a surge of foreign leaders engaging Beijing amid global tensions. Source
Read More
Dollar suffers worst one-day slide since last April after Trump says currency hasn’t fallen too low
Key Points The U.S. dollar fell about 1.3% on Tuesday, posting its worst day since April 10, 2025. It touched its lowest level since February 2022. During his visit to Iowa, President Donald Trump was asked whether he was comfortable with the current value of the greenback. “I think it’s great,” Trump said of the […]
Read More
Stocks making the biggest moves after hours: Texas Instruments, Seagate Technology, Qorvo and more
Check out the companies making headlines in after-hours trading. Texas Instruments — The chipmaker jumped more than 9% after issuing better-than-expected guidance for the first quarter. Texas Instruments now sees earnings per share of between $1.22 and $1.48, and revenue between $4.32 billion and $4.68 billion. Analysts expected earnings of $1.26 per share on $4.42 […]
Read More
What investors piling into gold and silver can learn from King Henry VIII
While the “debasement trade” is in vogue again, Deutsche Bank thinks there are takeaways for investors dating back at least more than five centuries. Precious metals are off to a hot start for the year after a surge in 2025, with gold crossing the $5,000 mark on Monday and silver up more than 50% in […]
Read More
Stocks making the biggest moves midday: Amazon, Reddit, Pinterest, Sysco & more
Check out the companies making headlines in midday trading: Amazon — The e-commerce giant said it would sunset its Fresh and Go brick-and-mortar store, marking a pivot in its grocery strategy . Amazon shares rose more than 1% in midday trading, while shares of rival grocers were lower. Kroger and Albertsons shares were both down […]
Read More