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Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

By | Jun, 24

The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.

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Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round

By | Jun, 24

The company said it will use the funding to advance adoption of the Canton Network, a blockchain for financial institutions.

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Market News

Getting Trump’s full tax break on car loans may mean buying a $130,000 vehicle

By | Jun, 24

Middle-income households that buy luxury cars would be able to claim the full financial benefit of a $10,000 tax deduction on car loan interest.

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Market News

Fed Chair Powell speaks on Capitol Hill this week with politics front and center

By | Jun, 23

White House officials have raised the heat on Powell to lower rates. Now he’s faced with two key Fed officials who have said they could favor a cut in July.

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Market News

Stocks making the biggest moves midday: Tesla, Novo Nordisk, Hims & Hers, Northern Trust, Fiserv and more

By | Jun, 23

These are the stocks posting the largest moves in midday trading.

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Market News

Jeremy Siegel says investors are viewing the U.S. bombings as ‘a success to neutralize Iran’

By | Jun, 23

Barring no big retaliation by Iran, Siegel said the stock market could see a new record high over the next few weeks.

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Market News

Stocks making the biggest moves premarket: Tesla, Northern Trust, DoorDash, Northrop Grumman, Exxon Mobil and more

By | Jun, 23

These are the stocks posting the largest moves in premarket trading.

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Market News

The Iran-Israel conflict isn’t denting Chinese business optimism in the Middle East

By | Jun, 23

“Overall, Chinese merchants are relatively optimistic,” says Bear Huo, China general manager at FundPark, a fintech startup.

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Market News

China car suppliers can be early winners in the humanoid race, Morgan Stanley says

By | Jun, 22

If the future is all about building mechanical mobility, whether on wheels or robotic legs, auto parts suppliers have a competitive edge.

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Market News

Why electricity prices are surging for U.S. households

By | Jun, 21

Electricity prices are outstripping the pace of inflation by a wide margin — a trend likely to continue in coming years, experts said.

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  • Stocks making the biggest moves premarket: Synopsys, Tripadvisor, Datadog, Robinhood and more
  • Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners
  • 2 of our banks just boosted their dividends. Here’s how their increases stack up versus our other names
  • Stocks making the biggest moves midday: Tesla, Centene, Robinhood, Nike and more
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