Breaking News: Markets
Bank investors bet on looser regulation under Trump. They are starting to see it
The first domino has fallen in the Trump administration’s bid to loosen regulations on Wall Street’s biggest banks. The Federal Reserve proposed changes Wednesday that would lower capital requirements for large U.S banks that were implemented in the years following the 2008 financial crisis. Tweaks to these rules, known as the enhanced supplementary leverage ratio, […]
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Trump now wields sweeping veto power over U.S. Steel. Here’s how the ‘golden share’ works
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | Reuters President Donald Trump now personally holds sweeping veto power over U.S. Steel’s decisions in key areas, according to an amended corporate charter filed with the Securities and Exchange Commission. U.S. […]
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Stocks making the biggest moves midday: Micron, Penn Entertainment, Equinix, Core Scientific & more
Check out the companies making the biggest moves midday: Micron Technology — The chipmaker slipped nearly 2% even after its fiscal third-quarter financial results topped expectations . Micron’s adjusted earnings were $1.91 per share, versus the $1.60 expected from analysts polled by LSEG. Revenue was $9.3 billion, above the $8.87 billion consensus estimate. Core Scientific […]
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U.S. is still ‘exceptional’ despite rest of world outperformance this year, Apollo’s Marc Rowan says
The U.S. stock market is underperforming the rest of the world this year but that doesn’t mean American exceptionalism is dead, according to Apollo Global CEO Marc Rowan. The S & P 500 is a little more than 4% higher in 2025, underperforming other overseas markets that have surged this year as investors diversifed away […]
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Circle resumes its post-IPO rally after pullback, stablecoin issuer boosts Coinbase
Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company’s IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Stablecoin issuer Circle resumed […]
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How the stock market made it back to a new record — even with so much still to worry about
Traders work on the floor at the New York Stock Exchange on June 23, 2025. Brendan McDermid | Reuters An aggressive trade war, Middle East escalation and AI competitions overseas — None of 2025’s big curveballs managed to spoil the market’s epic comeback from the year’s lows as stocks stand within reach of a new […]
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How Ikea is doubling down on price cuts to attract cost-conscious customers
Swedish meatballs at an IKEA in Causeway Bay is listed as out of stock after after Czech authorities detected horse meat in the company’s meatballs which are supposed to make up of pork and beef only. South China Morning Post | Getty Images Ikea shoppers will see price cuts of up to 50% at many […]
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Nvidia’s comeback sparks a rally in Asian chip stocks
A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan, on April 16, 2025. Ann Wang | Reuters Chip stocks in Asia rose Thursday, after artificial intelligence darling Nvidia’s shares hit a record close to reclaim the title of the world’s most valuable company. Shares of South Korea’s SK Hynix, […]
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Asia-Pacific markets set to trade mixed as Middle East tensions appear to ease
A HDR evening shot taken at sunset of the Tokyo skyline. Fgm | E+ | Getty Images Asia-Pacific markets were set to open mixed Thursday, as investors continued to weigh the ongoing ceasefire between Israel and Iran. Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 39,055 while […]
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Stock futures are little changed as S&P 500 nears new record high: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 25, 2025. Jeenah Moon | Reuters Stock futures were relatively unchanged on Wednesday as the S&P 500 remains within striking distance of its all-time high. S&P 500 futures traded around the flatline, as did Nasdaq 100 futures. […]
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