Stocks making the biggest moves after hours: Cava, Intuit, Workday, Lucid and more

Stocks making the biggest moves after hours: Cava, Intuit, Workday, Lucid and more




Source

Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’
Finance

Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’

Key Points BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks Wednesday from President Donald Trump. Traders on the Kalshi predictions market raised the odds for Rieder getting the nomination to 33%, about double where they were at the beginning of the week. Source

Read More
Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’
Finance

Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’

Key Points President Donald Trump said Wednesday he is nearing the end of a search to replace Federal Reserve Chair Jerome Powell and hinted he has his candidate in mind. “I’d say we’re down to three, but we’re down to two. And I probably can tell you, we’re down to maybe one, in my mind,” […]

Read More
Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
Finance

Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise

Key Points President Donald Trump urged Congress to pass a law limiting credit card interest rates to 10%. It followed a social media post where he urged banks to set that cap. The banking industry has criticized the proposal. Source

Read More