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For investors all-in on Magnificent 7-led market, ‘equal weight’ is trending as stock call for 2026
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For investors all-in on Magnificent 7-led market, ‘equal weight’ is trending as stock call for 2026
Finance
Fed’s Goolsbee explains vote against rate cut, says central bank should have waited
Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025. Brendan McDermid | Reuters Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, saying policymakers should have waited […]
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Finance
Stocks making the biggest moves premarket: Tilray Brands, Lululemon, Broadcom, Citigroup & more
Check out the companies making headlines before the bell. Tilray Brands — The cannabis stock surged 28% after The Washington Post reported that the Trump administration was looking to cut federal restrictions on marijuana. The Amplify Alternative Harvest ETF (MJ) also traded 20% higher. Lululemon — The athleisure brand jumped 9.4% after CEO Calvin McDonald […]
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Finance
Fed votes to reappoint all of its regional bank presidents
Key Points The Federal Reserve on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at the central bank in a move that came a bit earlier than usual. There had been some speculation about whether President Donald Trump, a fierce Fed critic, would seek to exert more control over the rate-setting […]
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