New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers

Key Points

American consumers and businesses are taking most of the hit from President Donald Trump’s tariffs, New York Fed President John Williams said in remarks that counter White House claims.
A study Williams cited on the issue has generated a fair amount of controversy over the past few weeks, with White House economist Kevin Hassett saying the authors should be “disciplined.”

Source

Finance

Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund

March 3, 2026

Key Points Blackstone president Jon Gray defended the quality of loans within the firm’s flagship private credit fund after investors as concerns in the sector are growing. Source

Finance

Stocks making the biggest moves premarket: Target, Best Buy, On Holding, MongoDB & more

March 3, 2026

Check out the companies making headlines before the bell: Target — The big box retailer jumped more than 3% on better-than-expected earnings for the fourth quarter. Target earned an adjusted $2.44 per share, which topped the $2.16 per share analysts polled by LSEG were anticipating. Revenue of $30.45 billion came in just below consensus. Best […]

Finance

Stocks making the biggest moves after hours: MongoDB, Plug Power, Credo Technology & more

March 2, 2026

Check out the companies making headlines in after-hours trading. MongoDB — Shares plunged 23% in extended trading. MongoDB said it sees first-quarter adjusted earnings per share of between $1.15 and $1.19 and revenue of between $659 million and $664 million. Analysts polled by LSEG expected earnings of $1.21 per share and $662 million in revenue […]