Stock Market News
Analysis: Fed Chairman Warsh's credibility in question after leaving interest rates unchanged
Kevin Warsh chaired his second meeting of the Federal Reserve's rate-setting committee, where officials voted 9-3 to leave interest rates unchanged. Investors lowered the odds of a near-term rate hike...
Foreign-Exchange Markets Focusing on BOJ's Forward Guidance
Foreign-exchange markets are focused on the BOJ's forward guidance at its two-day meeting that starts today, said StoneX.
Review & Preview: Warsh's Credibility
All three major stock indexes fell after Fed Chairman Kevin Warsh's press conference.
Market starting to lose faith in the FOMC, says Janus Henderson's Michael Contopoulos
The 'Fast Money' traders talk Wednesday's Fed decision and market action.
What a divided Fed means for investors
Wall Street left Wednesday's decision broadly viewing the Federal Reserve as hawkish and potentially on track to raise rates in September. Fixed income investors warn the bond market is signaling that...
U.S. Stock Futures Rise as Investors Weigh Big Tech Earnings
U.S. stock futures rose Wednesday evening as traders weighed Big Tech earnings, including Microsoft ($MSFT) and Meta ($META), along with the Fed’s decision to hold rates. Futures on the Nasdaq 100 ($N...
Jim Cramer says software's comeback could be the blueprint for AI stocks' next rally
CNBC's Jim Cramer said the recent rebound in enterprise software shows how quickly Wall Street can change its mind, arguing beaten-down AI infrastructure stocks could follow a similar path. He said th...
Warsh Spins a Good Yarn on Bringing Down Inflation, But Markets Aren't Buying It
Chairman Kevin Warsh reiterated the Federal Reserve's commitment to price stability after officials voted to keep interest rates unchanged. But he offered no guidance on how it will achieve that goal.
Stocks and bonds see wild ‘Fed Day' swings as Wall Street's ‘crash cushion' evaporates
Major equity indexes put in their worst “Fed Day” performance since December 2024, while the yield on the 30-year bond shot higher.
Fed Holds Rates, Three Officials Dissent in Favor of Hike: Fed Special
The Federal Reserve held rates steady as the majority of FOMC members voted to hold rates unchanged, with three members dissenting in favor of a rate hike. This is the fifth straight meeting where fed...
Here are the last times the Dow dropped by 1,000 points and what happened next
The Dow Jones Industrial Average fell by more than 1,000 points in trading Wednesday. Excluding the latest slide, the index has dropped by four-digits nine times in the past five years.
Government Borrowing Cost Hits Two-Decade High After Fed Rate Decision
The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.
BOE Expected to Follow Fed With Rate Hold, But Iran War Piles on Pressure
U.K. inflation slid to 2.6% in June due to lower energy and food costs.
Bond market is calling Warsh's bluff on inflation fight as yields surge
The yield on the 30-year Treasury bond touched its highest level since 2007 during Warsh's press conference.
Warsh's Posture on Interest Rates Sparks Market Inflation Fears
Dow slides more than 2% after Fed chairman says rising bond yields have already lifted borrowing costs.
Fed Holds Rates Steady but Three Officials Back Increase
Kevin M. Warsh's second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forward for policy.
Here are the five big takeaways from this week's Fed meeting
The Federal Reserve on Wednesday followed through on expectations for no interest rate change.
U.S. Stocks Slide After Fed Pause, Escalation in Iran War
Stocks fell sharply after the Federal Reserve held rates steady, while investors worried that rate hikes were coming later this year as the war in Iran escalated.
What to know about the Fed's decision.
Fed Holds but Warsh Hobbles Market
Apollo's Slok Says Warsh Silence Fuels Treasury Selloff
Federal Reserve Chairman Kevin Warsh's decision to abandon forward guidance on monetary policy is driving bond market volatility, with 30-year Treasuries selling off after Wednesday's rate decision, a...
'PLAYING OFFENSE': DeAngelis warns of shift in Iran's tactics
'The Big Money Show' discusses the market and oil implications as tensions escalate in the Middle East.
Fed Holds Rates as Three Dissents Hit Dow, Dollar, Gold and Silver
Fed holds at 3.5% to 3.75%, but three dissenting votes for a hike keep September tightening risk alive across markets. S&P 500 and Nasdaq fail to hold attempted reversals to the upside, while the Dow'...
Apollo's Torsten Sløk Sees Growing Risks Beyond Tech Stocks
If the AI trade fails to deliver, foreign investors will exit U.S. equities, Apollo Chief Economist Torsten Sløk said in an interview.
Stock Market Today: SPY, QQQ Lose Steam as Fed Holds Rates; Warsh Reiterates 2% Inflation Target
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed lower on Wednesday following the Federal Open Market Committee (FOMC) meeting. News That Moved the Stock Market…
Jeffrey Gundlach says the bond market is telling Warsh the Fed has to start acting on inflation
The Fed left its benchmark interest rate unchanged at a range of 3.5% to 3.75%, a decision that was widely expected. Fed Chairman Kevin Warsh stressed that the Fed will take necessary steps to meet it...
S&P 500 Top Stock Gainers Today, 7/29/26
The S&P 500 (SPX) closed in negative territory on Wednesday after the Fed voted to leave rates unchanged between 3.50% and 3.75%. Let’s break down the sectors behind the performance. Today’s Top-Perfo...
Fed Chairman Warsh: Not going to fix inflation with a magic wand
Federal Reserve Chairman Kevin Warsh discusses the FOMC's decision to leave the target range for Federal Funds Rate unchanged monthly.
4 Takeaways From the Federal Reserve Meeting
Fed officials held interest rates steady, but they have splintered over how to fight inflation.
Bitcoin and Gold Surge after Fed Board Decides to Keep Interest Rates Steady
Bitcoin (BTC-USD) and gold prices (CM:XAUUSD) surged on Wednesday afternoon when Federal Reserve leaders chose to keep benchmark interest rates unchanged. The central bank held borrowing costs between...
The big focus now is on the potential for a September rate hike after the Fed stands pat
Markets should be ‘on alert for a hike in September, particularly with war clouds pushing up energy prices again,' one economist says
Fed's Warsh Says There Is No Soft Inflation Target
Federal Reserve Chairman Kevin Warsh says the fight to bring down inflation has just begun. “Let me reiterate: there is no soft inflation target, there is no soft implicit target, not on this committe...
Chairman Kevin Warsh delivers remarks following the Fed's decision to leave rates unchanged
Federal Reserve Chairman Kevin Warsh discusses the FOMC's decision to leave the target range for Federal Funds Rate unchanged monthly.
AI Workers Call for US to Pace Tech's Growth
More than 1,100 workers from top AI firms have signed a petition calling on the US government to help "deliberately pace" AI development. The letter's signatories include the CEO of Anthropic and the ...
BREAKING: Fed leaves rates unchanged
FOX Business correspondent Edward Lawrence has the latest on the Federal Reserve's decision to leave interest rates unchanged on 'Making Money.'
Fed Holds Rates Steady, Three Dissenters Wanted a Hike
The Federal Reserve voted to hold interest rates unchanged in a range of 3.5% to 3.75%, with some officials dissenting in favor of raising rates by a quarter percentage point. The vote was 9-3.
Fed Votes 9-3 to Hold Interest Rates in July, Dissenters Want to Raise Rates
The Fed has voted to hold interest rates for July, a decision widely expected by Wall Street. What was unexpected was that three FOMC members voted to raise interest rates.
Fed policymakers leave rates unchanged amid elevated uncertainty
Fed policymakers left interest rates unchanged at their July meeting as stubborn inflation remains well above the central bank's 2% target.
Here's what changed in the second Fed statement under Warsh
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in June.
Reprogramming the Fed's Reaction Function
The month following Fed Chair Warsh's first meeting has seen no shortage of drama, as U.S./Iran hostilities resumed (then paused again), inflation surprised to the downside, and the market ascribed an...
Fed holds interest rates steady as dissent mounts over whether to hike rates soon
Warsh, who took over as chairman from Jerome Powell in May, has repeatedly called for a “good family fight” at the Fed – and it looks like he got his wish.
Divided Fed holds interest rates steady, but three members voted to hike
The Federal Reserve on Wednesday released its latest interest rate decision.
The Fed held interest rates steady on a 9-3 vote. Three voters wanted a rate increase, underscoring the pressure to act against inflation
The split shows pressure building inside the central bank to act on inflation two months after Chairman Kevin Warsh took over.
Fed Holds Rates Between 3.50% and 3.75% with Three Officials Favoring a Hike
The Fed voted 9-3 on Wednesday to leave the federal funds rate unchanged between 3.50% and 3.75%. The three dissenting officials, Beth Hammack of Cleveland, Neel Kashkari of Minneapolis, and Lorie Log...
No reason U.S. debt should be downgraded, says NEC's Kevin Hassett
Kevin Hassett, National Economic Council director, joins 'The Exchange' to discuss what to expect from the Federal Reserve and the economy.
Individual investors are dumping stocks at the fastest pace since the COVID crash
Individual investors just recorded “their largest net selling of single stocks since the COVID crash,” according to Vanda Research.
Market Midday: Stocks Slide, Dow Falls 850, Nasdaq in Correction • 7/29/26
The CNBC Business News Update with Jessica Ettinger features market numbers & news with CNBC expert analysis and sound from top business names. Updated throughout the business day.
Dow Jones Today: DJIA Tumbles on Iran Surprise Attack ahead of Fed Rate Decision
The Dow Jones (DJIA) is trading lower on Wednesday after Iranian forces struck a U.S. base in Jordan, ending a five-day halt in hostilities. Tehran attributed the strike to what…
Investors Are Bracing for Uncertain Fed Announcement
The central bank is expected to leave interest rates unchanged, but investors are preparing for a possible surprise.
What the Fed's rate decision means for your finances.
The central bank's stance can influence consumer savings and borrowing, from credit cards to home loans and more.
What to watch at the meeting.
Kevin M. Warsh, presiding over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.
Fed's "Unusual Situation" on Interest Rates & Factors Creating Lasting Volatility
@CharlesSchwab's Mike Townsend talks about the "unusual situation" surrounding the Fed and whether it will hike or hold interest rates. He's in the camp that the FOMC will hold, though without forward...
Nasdaq Index: Oil Shock and FOMC Risk Deepen Chip Stock Selloff
Dow, S&P 500 and Nasdaq slide as oil spikes on Iran escalation ahead of the FOMC, while chip losses and AI earnings add pressure.
A sixfold profit surge that disappoints? That's where AI expectations now sit
SK Hynix shares closed nearly 10% lower as doubts grow over whether the sector's blockbuster spending spree can justify its lofty valuations. CNBC's Arjun Kharpal has the story behind the numbers.
Trump Promises Iran a ‘Beating’ after Surprise Attack
President Trump has vowed to retaliate against Iran after Tehran launched a surprise attack against a U.S. base located in Jordan. The attack ended a five-day pause in hostilities between…
Dow slumps 700 points, oil jumps over 6% after Trump vows to give Iran ‘beating' following surprise attacks
Stocks slumped Wednesday morning and oil prices jumped over 6% after President Trump vowed to “beat the f--king s--t out of” Iran – fueling fears of a lasting conflict that could reheat inflation and ...
Why Is the Stock Market Down Today, 7/29/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading lower on Wednesday after an Iranian surprise attack on a U.S. base led to a 6% spike in…
Market Open: Stocks Fall, Oil Surges as Trump Threatens Iran • 7/29/26
The CNBC Business News Update with Jessica Ettinger features market numbers & news with CNBC expert analysis and sound from top business names. Updated throughout the business day.
Economy is poised to show strong second-quarter growth — but only after a look under the hood
The U.S. economy churned out another robust rate of growth in the second quarter even as the Iran war boosted inflation, but that might not be so readily apparent in the latest report on gross domesti...
S&P 500 Wobbles ahead of Fed Rate Decision
The S&P 500 (SPX) opened Wednesday slightly in the red ahead of the Fed’s interest rate decision at 2 p.m. Eastern Time. Adding to the pressure was an Iranian surprise…
Fed Likely Holding Interest Rates Unchanged Today—But Some Dissent Expected
Warsh, who has been noncommittal on the near-term path of interest rates, said central bank officials have “no tolerance for persistently elevated inflation.” He said the Fed has a “resolute commitmen...
Hyperscaler debt binge pushes yields up as investor demand cools
Major U.S. technology companies are borrowing heavily as they ramp up spending on their artificial intelligence buildout, and at steadily higher yields as investors become more selective about absorbi...
Dow drops 450 points as Fed decision, chip selloff weigh on US stocks
US stocks opened lower on Wednesday as investors awaited the Federal Reserve's latest interest rate decision while monitoring renewed geopolitical tensions in the Middle East and another round of majo...
Dow Jones Stumbles as Oil Spikes 6%
The Dow Jones (DJIA) is trading lower on Wednesday as reignited U.S.-Iran tensions push oil higher. Brent crude oil (BZ) is up by 6% after Iran launched a surprise strike…
Fed Expected to Hold Rates, But Warsh Could Shock the Street
The Fed is expected to hold interest rates steady when it concludes its two-day meeting today. But Wall Street still says there's a 35% chance Chairman Kevin Warsh could shock markets and hike rates.
More Than a Rate Decision: Consumers "Distrust" Fed as Inflation Rises
Tsvetta Kaleynska says consumers have been stressed for the last year and a half despite what economic data suggests. She outlines her firm's data that points to the Fed and current political set-up a...
Futures Fall as Oil Prices Surge amid Middle East Tensions; Investors Await the Fed’s Rate Decision
U.S. stock futures fell on Wednesday morning as oil prices surged after renewed tensions in the Middle East. Moreover, investors await the Federal Reserve’s interest rate decision later today. Futures...
There's still risk to the downside for the Nasdaq-100, says Fairlead's Katie Stockton
Katie Stockton, Fairlead Strategies founder and managing partner, joins 'Squawk Box' to discuss the latest market trends, bitcoin levels to watch, the launch of a new bitcoin ETF, oil price trends, an...
Semiconductor Forecasts – AI Stocks Test Support Ahead of Fed
The Federal Reserve continues to be front and center, and with an interest rate decision today, volatility could come roaring back.
Wall Street's ‘Big Wednesday' Offers Big Test to Summer Rotation Trade
Tech is in retreat. How it responds over the next two days will be crucial.
Warsh's rate decision is a cliffhanger. These trades might offer a clue
It's arguably the most up-for-grabs Federal Reserve decision in recent memory.
Can Markets Survive Big Tech Earnings, Fed Rate Call, Iran Fears Today?
Oil prices rise, Visa is streamlining, Corning has worst day in four months, and more news to start your day.
Explainer: What are credit default swaps and why are they spooking AI investors?
Shares in companies driving the AI boom have been under pressure for weeks. Now their bonds are coming under strain too, pushing up the cost of insuring debt issued by companies such as Oracle , Nvid...
The dollar's rally matters — but it still won't help Fed's Warsh win the inflation fight
A strong dollar is doing far less for the fight against inflation than might be expected.
‘Nothing seems to shake this market.' Why it's time to go all-in on stocks, according to these bullish strategists.
Strategists at the bank, led by Max Kettner, are betting on equities as they have remained resilient despite geopolitical volatility and pullbacks in the technology sector.
Morning Bid: US profit growth mushrooms
What matters in U.S. and global markets today. In a clear illustration of just how high the bar is for Big Tech to impress markets, South Korean chip giant SK Hynix plunged again as a record six-fold...
New Fed focus on money supply might aid inflation thinking at the margins
The return of money supply measurements to Federal Reserve thinking may help officials better identify longer-term inflation trends but will likely remain a peripheral factor for monetary policy delib...
Stock Market News Today, 7/29/26 – Futures Mixed ahead of Fed Rate Decision; MSFT, META Earnings in Focus
U.S. stock futures traded mixed ahead of Wednesday’s session as investors awaited the Federal Reserve’s interest rate decision later today. Meanwhile, Big Tech giants Microsoft ($MSFT) and Meta ($META...
Nasdaq 100 and S&P500: Can Futures Hold as Oil and Chip Risk Build?
Nasdaq futures steady after Asia chip rout, but rising oil and Warsh's Fed decision keep stock market risk elevated.
Oil Gains, Chip Stocks Extend Losses Ahead of Fed Decision Day
U.S. stock futures largely moved higher, though Sandisk and Micron Technology fell premarket as investor enthusiasm around semiconductor companies continued to wane.
Stock Futures Slip as SK Hynix Results Disappoint, Fed Decision Looms
U.S. stock futures dropped ahead of Wednesday’s session after South Korea’s SK Hynix ($SKHY) reported quarterly results that fell short of Wall Street’s lofty expectations. Investors also remained cau...
A Tired Tech Trade Looks Set to Sink the Stock Market
The stock market is doubting everything it once held true, and it has the potential to end the years of easy returns.
By the time the Federal Reserve meets, Wall Street usually already knows the outcome. That's not the case this time, as the Fed's rate-setting committee prepares to meet Wednesday
Markets expect rates to stay on hold, but Fed Chairman Kevin Warsh's tight-lipped posture has made Wednesday's meeting harder to read.
Asian Currencies Consolidate Ahead of FOMC Decision
Asian currencies consolidated against the dollar in early trade ahead of the FOMC decision due later today.
Review & Preview: ‘One Big Global Trade'
While 71% of S&P 500 stocks finished in the green, an 11% plunge in South Korea's main index kept the Nasdaq in the timeout chair.
Big tech debate is moving away from capital spending to capital structure: Plexo Capital's Lo Toney
Lo Toney, Plexo Capital, joins 'Closing Bell' to discuss what to expect from big tech earnings.
Jim Cramer says Wall Street is fleeing the AI trade and buying these stocks instead
CNBC's Jim Cramer said investors are rotating out of some of the market's biggest AI infrastructure winners and into companies with growth drivers outside the data center buildout. He highlighted Cost...
U.S. Stock Futures Hold Steady as Market Awaits Fed Decision
U.S. stock futures were little changed Tuesday evening as traders digested the latest round of corporate earnings from Ford ($F), Bloom Energy ($BE), and Visa ($V), while waiting for the…
Volatility Trends to Monitor & Ways Fed Will Rattle VIX Momentum
As the Fed begins its interest rate meeting, Zed Francis talks about his predictions for tomorrow's meeting and ways it can shake up volatility. He gives investors his full picture perspective on vola...
We've never seen this level of uncertainty the day before a Fed meeting, says Bespoke's Paul Hickey
Paul Hickey, Bespoke Investment Group, joins 'Closing Bell Overtime' to talk the day's market action.
Value Outperforms Growth This Year, Powered By… AI Stocks?
Early chip stock gains and a comeback in traditional value sectors are factors in Russell 1000 Value Index's outperformance over its growth counterpart.
Nasdaq-100 is on the edge of correction territory as semiconductor stocks take another beating
Just weeks after driving major indexes such as the S&P 500 and Nasdaq Composite to record highs, semiconductor stocks are taking a beating once again.
Stock Market Today: SPY, QQQ Mixed on AI Weakness ahead of Fed Rate Decision
It was a mixed day for the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ). The former closed higher, while the latter finished in negative territory due to…
Dow jumps over 540 points as earnings, lower oil offset chip selloff
The Dow Jones Industrial Average led Wall Street higher on Tuesday as strong corporate earnings, lower oil prices and a continued rotation away from semiconductor stocks supported broader market gains...
U.S. Stocks Mixed as Chips Rout Continues
U.S. stocks finished mixed as a rout in chip stocks continued while falling oil prices boosted consumer stocks.
An AI Market Correction Is Becoming a ‘Major' Credit Risk, Fitch Says
As semiconductor and other AI-related stocks slide, worries are mounting about the potential consequences of a protracted pullback.
S&P 500 Top Stock Gainers Today, 7/28/26
The S&P 500 (SPX) closed higher on Tuesday as oil prices continued to fall alongside a selloff in AI stocks. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector Healthca...
The Fed should hike interest rates, says SMBC's Joe Lavorgna
Joe Lavorgna, SMBC chief economist and former Trump Treasury official, joins 'The Exchange' to discuss why he believes the Fed should hike interest rates, the Fed's inflation problem, and more.
Non-Tech Stocks Could Be Headed for a Downturn
The summertime rotation out of tech stocks could face big near-terms risks, says BTIG's Jonathan Krinsky.
Will the Fed Raise Interest Rates Tomorrow?
The Fed is set to announce its interest rate decision on Wednesday, July 29. Recent comments from Fed officials have shown that inflation remains a major issue for the economy.
Investors are piling into bond funds at a rapid rate. That's a problem.
Think bond funds are safer than stocks right now? Stocks actually look like the smarter bet.
Trump administration to ban new Chinese robots and inverters, protecting US AI buildout
The Trump administration on Tuesday plans to unveil new bans that target imports of the latest Chinese robots and power inverters, seeking to protect the U.S. AI buildout from national security thre...
Chipmaker Rout Drags Nasdaq 100 Near Correction
China's chip industry is giving investors a reason to pause, as new signs of progress are raising fresh questions about whether Beijing is catching up faster than expected. Bloomberg's Peter Elstrom j...
Trump defends tariffs ahead of looming midterms, says they have made the US ‘a fortune'
President Donald Trump defended his administration's tariffs on Tuesday, telling "Fox & Friends" that they have made the United States "a fortune."
BIS says AI boom risks clouding central banks' inflation signals
The artificial intelligence boom could make it significantly harder for central banks to judge the state of the economy and set interest rates, as the technology simultaneously boosts both demand and...
Dow Jones Today: DJIA Rallies on Earnings Momentum as Oil Continues Descent
The Dow Jones (DJIA) is in the green on Tuesday, supported by stronger-than-expected earnings and falling oil prices. Both Coca-Cola ($KO) and Boeing ($BA) are trading higher after reporting their…
Why the Clarity Act is running out of time
In this episode of The Daily Wolf, Scott Melker explains why the CME's move toward nearly 24-hour trading, the growing fight over perpetual futures, expanding prediction markets, and institutional blo...
Look Under Stock Market's Surface: Tech's Sell-Off & Sector Rotation
@CharlesSchwab's Kasey McCurdy talks about how investors view the "summer lull" in markets and why that's not the case when you look under the index level. Joe Mazzola adds to Kasey's point by explain...
China Draws Lines on US Tariffs, AI Ahead of Trump-Xi Meeting
China set boundaries on new US tariffs while warning Washington against sanctioning Chinese artificial intelligence companies just weeks before the next meeting between President Donald Trump and Chin...
U.S. Consumer Confidence Slips as Gas Remains Above $4
The Conference Board’s Consumer Confidence Index (CCI) fell 1.4 points to 90.8 in July, down from an upwardly revised reading of 92.2 in June. Driving the index lower was a 3.6 point…
The future of Wall Street is here as startups and brokers build AI agents to trade 24/7
Brokerages, startups and even retail investors are building AI agents that can help oversee portfolios and automate investing tasks once handled by humans. "Effectively everybody has their own family ...
The Stock Market Is Not Your Rich Uncle
Fellow investors, Do you feel rich? The answer is simple. The stock market isn't your rich uncle, and paper profits can go up in smoke at any moment.
Trump: New tariffs 'doing the same thing' as the ones struck down by Supreme Court
President Donald Trump said new U.S. tariffs are "doing the same thing" as the ones the Supreme Court struck down as illegal earlier this year. Days earlier, a federal lawsuit accused the Trump admini...
U.S. Consumer Sentiment Edged Down in July, Conference Board Says
The research group said its consumer confidence index fell to 90.8 in July from an upwardly revised 92.2 in June. Economists polled by The Wall Street Journal had expected a higher reading of 92.0.
Why Is the Stock Market Down Today, 7/28/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are in the red on Tuesday as AI stocks continue to face pressure. South Korea’s KOSPI set the tone for…
US Consumer Confidence Falls on Labor Market Worries
Bloomberg's Michael McKee reports that US consumer confidence for July declined to 90.8, below expectations of 92.4, as Americans' views about current business conditions and the labor market deterior...
Nasdaq slumps on worsening chipmaker rout as AI bubble, China competition concerns mount
A tech and chip stock rout deepened Tuesday as mounting fears around a potential AI bubble and concerns that China's own technology is catching up pushed investors toward other sectors.
A September Rate Hike Would Be Very Difficult, Hoenig Says
Former Kansas City Fed President Thomas Hoenig says raising interest rates in September would be very difficult since it's so close to Election Day. Hoenig also says Fed press conferences should only ...
Hedge funds on track for another stellar year on AI boom
Global hedge funds are on track for another blockbuster year, as they look to surpass their returns from 2025 after an artificial intelligence boom buoyed first-half performance for money managers a...
Nasdaq falls as chip stocks slide ahead of Fed, Big Tech earnings
US stocks opened lower on Tuesday, with the Nasdaq underperforming as renewed weakness in semiconductor stocks overshadowed gains in consumer-focused companies. Investors remained cautious ahead of qu...