Stock Market News

Kalshi traders see gas prices crossing $4 by end of July

Kalshi traders now see nearly a 88% chance that gas prices will go above $4 per gallon and 63% that it will go over $4.10. The highest national gas price average this year was on May 21 with $4.56.

9 minutes ago - CNBC

World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says

While the FIFA World Cup provided a tourism boost to host cities, its positive impact was mitigated by economic weakness seen elsewhere, according to a Federal Reserve report. Bars in Boston reported ...

32 minutes ago - CNBC

Wednesday's Final Takeaways: Cooler PPI & Chinese ADRs

Sam Vadas discusses PPI data coming in cooler than expected reshaping inflation concerns. She also touches on investors rotating into Chinese ADRs.

35 minutes ago - Schwab Network

Megacap Tech Lifts U.S. Stocks

U.S. stocks edged higher as gains in megacap technology names offset weakness in chip stocks.

56 minutes ago - WSJ

Stock Market Today: SPY, QQQ Mixed as PPI Inflation Cools; Trump Ramps Up Pressure on Iran

The S&P 500 ETF ($SPY) closed higher on Wednesday following an encouraging wholesale inflation report. However, the tech-heavy Nasdaq 100 ETF ($QQQ) was weighed down by a selloff in semiconductor…

56 minutes ago - TipRanks

Dow rises 150 points as Big Tech leads gains after soft inflation data

US stocks closed higher on Wednesday as investors welcomed another softer-than-expected inflation report and a strong start to the second-quarter earnings season, while rotating out of semiconductor s...

1 hour ago - Invezz

S&P 500 Top Stock Gainers Today, 7/15/26

The S&P 500 (SPX) closed higher on Wednesday in a volatile trading session marked by strength in the Magnificent 7 and weakness in energy stocks. Let’s break down the sectors behind the performance.

1 hour ago - TipRanks

Concerns grow about tariffs in US sanctions bill on Russia

Potential tariffs ​in a U.S. bill imposing sanctions on Russia drew concern from Democratic lawmakers on Wednesday who said it could give ‌President Donald Trump new powers to impose trade measures on...

1 hour ago - Reuters

Dan Ives: Q2 earnings will be the driver for mega-cap stocks

Dan Ives, Yorkville Ives, joins 'Closing Bell' to discuss Ives' thoughts on SpaceX, how to value the company and much more.

1 hour ago - CNBC Television

Busiest US container port sets cargo record in June

The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it ​set a June cargo record as shippers ranging from ‌retailers to data center builders rushed in goods to avoid higher f...

1 hour ago - Reuters

Trump blasts New York AI data center ban, says state should change policy 'immediately'

President Donald Trump slammed New York Gov. Kathy Hochul's move to bar the construction of certain large-scale data centers for up to a year.

1 hour ago - CNBC

Fed Chairman Kevin Warsh testifies before Senate Banking Committee

Federal Reserve Chairman Kevin Warsh speaks Wednesday to the Senate Banking, Housing, and Urban Affairs Committee as part of the congressionally mandated semiannual monetary policy report.

2 hours ago - CNBC Television

Chip Stocks Are Giving Wall Street Whiplash, and Earnings Have Barely Started

A spectacular run for chip makers, server suppliers, and memory and storage names seems to have investors on edge.

2 hours ago - Barrons

Trump Warns Iran of Intensifying Strikes Until Talks Resume

President Trump has amped up the pressure on Iran following several consecutive days of military strikes. In an interview with Fox News, he warned that the U.S. will continue to…

2 hours ago - TipRanks

SHOCKING SHIFT: New inflation report just CHANGED the outlook

'The Big Money Show' panel reacts to cooling inflation data, President Donald Trump's prediction of lower prices and what the latest reports could mean for consumers and the economy.

3 hours ago - Fox Business

AI startup Thinking Machines launches an open-weight AI model

AI startup Thinking Machines revealed on Wednesday a new artificial intelligence model that could serve as one ​of the few alternatives to popular open-source offerings from Chinese ‌AI labs.

3 hours ago - Reuters

Why Is the Stock Market Down Today, 7/15/26?

After opening higher, both the S&P 500 (SPX) and the Nasdaq 100 (NDX) have since reversed their gains and fallen into negative territory. Profit-taking in semiconductor and memory stocks is…

3 hours ago - TipRanks

Banks Crush Earnings and Give Tech Stocks a Breather

Banks can't do what tech does. But they've done well nonetheless.

3 hours ago - Barrons

Bitcoin Almost Reclaims $65,000 as Sinking U.S. Inflation Eases Rate Hike Fears

Bitcoin (BTC-USD) hit the $64,982 price mark after new economic data from the U.S. came in softer than analysts expected. The Producer Price Index, which tracks wholesale prices, dropped by…

3 hours ago - TipRanks

Warsh won't say if he's spoken with Trump since taking the Fed's helm

Senate Democrats are uneasy about White House influence at central bank.

3 hours ago - Market Watch

Fed Chairman Warsh says he meets 'often' with Trump administration, defends independence

The Fed chair and Treasury secretary meet weekly under long-standing tradition. Warsh on Wednesday said he goes beyond that.

4 hours ago - CNBC

Dow Jones Today: DJIA Retreats on Tame Wholesale Inflation Data as Oil Drifts Lower

The Dow Jones (DJIA) is trading slightly lower on Wednesday as oil prices fall alongside an inflation update from the Bureau of Labor Statistics (BLS). Wholesale prices cooled in June,…

4 hours ago - TipRanks

Matt Tuttle on Inflation's Ebbs & Flows for Interest Rates, Stock Market

Matthew Tuttle explains why the June CPI report could be a game changer for markets, breaking down how the latest inflation data could influence everything. He discusses why oil and gas prices are the...

4 hours ago - Schwab Network

Fed's Warsh Says AI Impact Not Necessarily Inflationary

Federal Reserve Chairman Kevin Warsh says higher prices driven by the build-out of AI infrastructure are not necessarily inflationary. He speaks at a Senate Banking Committee hearing.

4 hours ago - Bloomberg Markets and Finance

Warsh Says Trump Has Not Tried to Influence Fed Policy

Federal Reserve Chairman Kevin Warsh testifies that President Donald Trump has not tried to interfere with the central bank. He speaks at a Senate Banking Committee hearing.

5 hours ago - Bloomberg Markets and Finance

Elizabeth Warren attacks Fed chair Kevin Warsh in Senate hearing, floating corruption accusations

Fed Chairman Kevin Warsh and Sen. Elizabeth Warren got into a heated altercation Wednesday during his testimony before Congress.

5 hours ago - New York Post

Developers Are Back to Building U.S. Warehouses

Industrial real estate under construction rose 18% in the second quarter, driven by demand from suppliers of data-center equipment.

5 hours ago - WSJ

Senator Warren Challenges Fed's Warsh About Ethics, Bowman

During a tense exchange, US Senator Elizabeth Warren challenges Federal Reserve Chairman Kevin Warsh over allegations of a longstanding culture of corruption and ethical lapses within the central bank...

5 hours ago - Bloomberg Markets and Finance

Wall Street's investment banking machine firing on all cylinders

A broad revival in investment banking is taking hold on Wall Street, fueled ​by a surge in IPOs, mergers and debt issuance.

6 hours ago - Reuters

Oil Slips after U.S. Reimposes Naval Blockade on Iran

Brent crude (BZ), the global oil benchmark, is trading lower on Wednesday after the U.S. restored its naval blockade on Iranian ports. Still, Brent has surged nearly 17% since July…

6 hours ago - TipRanks

You are missing the bond deal of the decade — and it is guaranteed to beat inflation

TIPS are offering a rare gift — and it is time to lock in a generous payout.

6 hours ago - Market Watch

Why Is the Stock Market Up Today, 7/15/26?

Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading higher on Wednesday following another sign of cooling inflation. The Producer Price Index (PPI) fell by 0.3% month-over-month in June,…

6 hours ago - TipRanks

Energy Prices Ease In June, Dropping U.S. Inflation To 3.5% Annually

The June consumer price index shows that annual inflation is moving closer to the Federal Reserve's 2% target. Energy put downward pressure on inflation as a lull in the Iran war easing prices for con...

6 hours ago - CNBC

Market Wrap

As we move into the summer months, the U.S. economy and financial markets continue to demonstrate resilience. Corporate earnings have generally exceeded expectations, consumer spending remains healthy...

6 hours ago - ETF Trends

How this small-cap stock picker's ‘ownership' approach has helped him beat the Russell 2000

An active value and quality-based approach can be an advantage in a part of the stock market dominated by index funds.

6 hours ago - Market Watch

Bank of Canada Holds Interest Rates Steady amid Economic Uncertainty

Canada entered a technical recession earlier this year.

6 hours ago - TipRanks

IMF strategy chief calls for price stability, credibility in shock-prone world

The International Monetary Fund's strategy chief urged government officials ​on Wednesday to focus on medium-term fiscal frameworks and maintain a firm commitment to price stability in the current sho...

7 hours ago - Reuters

Has Inflation "Peaked?" Kevin Hincks Talks PPI, Fed Expectations & U.S.-Iran War

Wednesday's PPI showed similar trends to Tuesday's CPI print, as Kevin Hincks explains how food and energy played the biggest roles in the cooler-than-expected numbers. One Fed member is now saying "i...

7 hours ago - Schwab Network

Fed’s Williams Says ‘Unquestionably Too High’ Inflation May Crack Soon

New York Fed President John Williams said Wednesday that inflation at 4% is “unquestionably too high.” At the same time, he also sees signs that prices are beginning to drop…

7 hours ago - TipRanks

Dow rises 140 points as softer inflation, BlackRock, Paypal lift US stocks

US stocks opened higher on Wednesday after investors responded to another softer-than-expected inflation report and a fresh round of corporate earnings. Chip stocks fell even after upbeat guidance fro...

7 hours ago - Invezz

US Indices Forecasts – Earnings Season and CPI Noise Stall Momentum

The US indices continue to look for momentum early on Wednesday.

7 hours ago - FXEmpire

Fed Chairman Kevin Warsh testifies before Senate Banking Committee — 7/15/2026

Federal Reserve Chairman Kevin Warsh speaks Wednesday to the Senate Banking, Housing, and Urban Affairs Committee as part of the congressionally mandated semiannual monetary policy report.

7 hours ago - CNBC Television

Dow Jones Gains as PPI Inflation Surprises to the Downside

The Dow Jones (DJIA) is set to open higher on Wednesday as investors assess a wholesale inflation update from the Bureau of Labor Statistics (BLS). In June, the Producer Price…

8 hours ago - TipRanks

Markets Have Passed Their First Earnings Test, Now Comes Tech

The first earnings season test has been passed. And markets looking to the next exam.

8 hours ago - Barrons

U.S. Producer-Price Index Fell in June

The producer-price index declined by 0.3% in June, the Labor Department said, after increasing by an elevated 0.6% in May. Analysts had estimated that producer prices held steady last month.

8 hours ago - WSJ

5 Things to Know Before the Stock Market Opens on Wednesday

Stock futures are pointing to a higher open as investors digest a flurry of earnings reports from major companies; oil prices are higher as the U.S. and Iran continue to trade strikes; PayPal shares a...

8 hours ago - Investopedia

Treasury yields are flat as traders weigh encouraging inflation data vs. oil rebound

Treasury yields were edged higher as investors awaited the latest producer price inflation print for June.

8 hours ago - CNBC

Warren Buffett on the market today: 'It's tough to find values when everybody is preferring gambling'

The investor has been sharply critical of the stock market, one that he says is increasingly defined by speculative trading as opposed to long-term investing.

8 hours ago - CNBC

New York Fed President Williams says inflation has peaked, rates 'well positioned'

Williams cited five reasons why he expects the latest price surge has run its course.

8 hours ago - CNBC

Hassett sees no 'excuse' to raise rates, says Warsh will push Fed to 'right answer'

National Economic Council Director Kevin Hassett said he sees no argument for raising interest rates in light of the latest data on the U.S. economy. Fed Chair Kevin Warsh, President Donald Trump's pi...

8 hours ago - CNBC

Futures Muted as Investors Assess Updates on U.S.-Iran Conflict

Stock futures hovered around the flatline on Wednesday morning as investors assessed updates on the U.S.-Iran conflict. Futures on the Nasdaq 100 (NDX), the S&P 500 Index (SPX), and the Dow Jones Indu...

8 hours ago - TipRanks

Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline

Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline

8 hours ago - CNBC

Wholesale prices show first drop in almost a year on lower gas prices, but inflation still too high

Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it's unclear if the recent slowdown in inflation will persist in light of renewed hostilities between...

8 hours ago - Market Watch

Buffett says Trump's pick of Kevin Warsh for Fed chair was 'good choice'

Warren Buffett believes Fed Chair Kevin Warsh will do the best job he can.

9 hours ago - CNBC

Star analyst Dan Ives forms Yorkville Ives merchant bank after leaving Wedbush

Dan Ives is teaming up with Yorkville Securities to launch a new merchant banking firm. The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and ...

9 hours ago - CNBC

Nasdaq futures soar 150 points: 5 things to know before Wall Street opens

US stock futures edged higher on Wednesday as investors weighed a blockbuster takeover approach for PayPal against fresh inflation data and another test of corporate earnings. Dow futures were up 15 p...

9 hours ago - Invezz

Wild Start to Earnings Season Lays Bare the Great AI Divide

IBM stock has its worst day ever, PayPal gets a takeover offer, big banks see deal boom time, and more news to start your day.

10 hours ago - Barrons

This Wall Street ‘theme-o-meter' has a clear message: The artificial-intelligence bull market is back.

UBS says its top theme right now is that leadership for artificial-intelligence stocks is returning, and earnings season may prove how investors have been too pessimistic.

10 hours ago - Market Watch

Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, increased to 6.65% from 6.58% Applications for a mortgage to purchase a home fell 7...

10 hours ago - CNBC

Morning Bid: Melting core

What matters in U.S. and global markets today. A torrent of new information hit markets on Tuesday, with a mostly positive tilt for both stocks and bonds.

10 hours ago - Reuters

It's boom and bust in the hedge-fund world as both liquidations and new launches spike

The number of hedge-fund liquidations reached a two-year high in the first quarter, a period which also saw a boom in new launches.

11 hours ago - Market Watch

Stock Market News Today, 7/15/26 – Futures Rise as Soft Inflation and Bank Earnings Lift Sentiment

U.S. stock futures moved higher ahead of Wednesday’s session as a cooler-than-expected inflation report boosted investor confidence. Meanwhile, the second-quarter earnings season got off to a strong s...

11 hours ago - TipRanks

In charts: See how economists in the latest WSJ survey see growth, inflation and Fed independence

Here is how economists in the latest Wall Street Journal survey see growth, inflation and Federal Reserve independence.

11 hours ago - WSJ

Two Million Workers Are Locked Out of an Improving Job Market

The share of job seekers out of work for six months or longer is hovering near highest level in five years.

11 hours ago - WSJ

Trump walks back on Hormuz toll as U.S. reinstates Iran naval blockade

U.S. President Donald Trump walks back plans to charge a 20% toll on the value of goods passing through the Strait of Hormuz, saying the fee will be replaced by "trade and investment deals" made into ...

11 hours ago - CNBC International TV

U.S. Futures Higher as Inflation Print Boosts Sentiment

U.S. stock futures were largely higher in early European trade, as positive market sentiment following lower-than-expected inflation data buoyed risk assets.

12 hours ago - WSJ

Stock Futures Climb on Soft Inflation Print, Bank Earnings Beat

U.S. stock futures rose ahead of Wednesday’s session after a softer-than-expected inflation report boosted investor sentiment. Meanwhile, the second-quarter earnings season got off to a strong start, ...

15 hours ago - TipRanks

Time to Rethink Emerging Market Winners. Why a Broad Index Won't Cut It.

Sharp pros are giving fresh attention to Brazil, India, and parts of Africa. Focused China plays could work, too.

15 hours ago - Barrons

FOMO Is Driving Options Prices Higher. How to Use It to Your Advantage.

Many call buyers likely have no idea that the implied volatility of calls is so high that stocks must make huge moves for them to profit.

16 hours ago - Barrons

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday, with most of them linked to Iranian trade, before a ​U.S. blockade took effect on Wednesday, shipping data showed.

18 hours ago - Reuters

Blockbuster Stock Sales Are Threatening to Overwhelm the Bull Market

The race of companies to issue shares reminds some analysts of later stages of prior rallies.

20 hours ago - WSJ

Asian Currencies Consolidate; May Be Buoyed by Reduced Fed Rate-Hike Expectations

Asian currencies consolidated against the dollar in early trade, but may be buoyed by reduced Fed rate-hike expectations.

20 hours ago - WSJ

Data Centers to Add Billions in Power Costs in 13 States

A power auction conducted by a giant grid operator is expected to add $6.3 billion in additional charges to consumers and businesses because of electricity needs of data centers.

20 hours ago - NYTimes

JGBs Mixed; May Track Gains in U.S. Treasurys

JGBs were mixed in early Tokyo trade, but may track overnight price gains in U.S.

20 hours ago - WSJ

Review & Preview: Inflation Cools

The chance of a rate hike this month is low but the Iran war complicates long term expectations.

21 hours ago - Barrons

U.S. Stock Futures Hold Steady After Softer CPI Data

U.S. stock futures were flat on Tuesday evening after a strong trading session driven by softer June inflation data. Futures on the Nasdaq 100 ($NDX), the Dow Jones Industrial Average ($DJIA), and…

22 hours ago - TipRanks

Jim Cramer says concerns about AI market froth are overblown. Here's why

CNBC's Jim Cramer said today's stock market is far less concerning than it was during the dot-com bubble, pointing to lower valuations, cooler inflation, and strong corporate earnings. He argued specu...

23 hours ago - CNBC

Stock Market Today: Nasdaq Looks to Build on Tuesday Rally

A hectic day in markets lifted stocks Tuesday, thanks to booming bank profits and an unexpectedly upbeat inflation report.

23 hours ago - WSJ

Larry Kudlow: Kevin Warsh understands this

FOX Business host Larry Kudlow discusses Federal Reserve chair Kevin Warsh's goals on 'Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #federalreserve #fed #econo...

23 hours ago - Fox Business

Trump Shelves 20% Fee for Hormuz Cargo Shipments

President Donald Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz, just one day after rolling out the fee, after US allies in the Gulf urged him t...

23 hours ago - Bloomberg Markets and Finance

Strong Markets, Growing Complexity

In our view, the second quarter was defined by strong but uneven US equity performance. The S&P 500 delivered a solid rebound in April, posting its best monthly gain since November 2020 and moving to ...

1 day ago - ETF Trends

Foreigners bought $132 billion of U.S. securities in May, Treasury says

Foreign investors bought a net $132 billion of U.S. ​securities in May, the Treasury Department said ‌on Tuesday in its monthly Treasury International Capital report.

1 day ago - Reuters

Wall Street has set a sky-high bar for companies to clear this earnings season. They just might pull it off.

Analysts have set a sky-high bar for second-quarter earnings. However, Piper Sandler thinks corporate America can still clear it.

1 day ago - Market Watch

Cooling Inflation, Surging Bank Earnings Power Stocks

IBM stock suffers its worst day on record.

1 day ago - WSJ

Tuesday's Final Takeaways: Kevin Warsh Speaks as CPI Cools

Inflation and the Fed take Marley Kayden's attention to close Tuesday's trading session. She talks about her perspective on the state of the economy as the June CPI print shows some signs of inflation...

1 day ago - Schwab Network

Spending on new factories, warehouses and other industrial sites has been damped by rising costs

Spending on new factories, warehouses and other industrial sites has been damped by rising costs.

1 day ago - WSJ

Strong Bank Earnings, Cool Inflation Data Lift U.S. Stocks

U.S. stocks rose as blockbuster bank earnings and a cooler-than-expected inflation report boosted sentiment, while a profit warning from IBM weighed on the Dow Industrials and dragged software stocks ...

1 day ago - WSJ

Stock Market Today: SPY, QQQ Rally on Optimistic Inflation Data as Trump Backtracks on 20% Hormuz Fee

Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed higher on Tuesday as investors assessed cooler-than-expected inflation data and a Strait of Hormuz update from President…

1 day ago - TipRanks

Dow edges higher as Nasdaq rallies on cooler CPI, chip stocks rebound

The US stocks advanced on Tuesday after a softer-than-expected US inflation report boosted investor sentiment and fueled hopes that the Federal Reserve may keep interest rates unchanged at its upcomin...

1 day ago - Invezz

S&P 500 Top Stock Gainers Today, 7/14/26

The S&P 500 (SPX) finished higher on Tuesday, with tech stocks powering the rally. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector Information technology was the top...

1 day ago - TipRanks

U.S. strikes Iran before Hormuz Strait blockade restarts

U.S. forces launched strikes against Iranian targets shortly before the U.S. resumed its naval blockade of Iranian ports in and around the Strait of Hormuz.

1 day ago - CNBC

Iran Is Attacking a Crucial Oil-Market Lifeline: Shuttle Runs

The back-and-forth voyages have been instrumental because only a small number of shipowners were willing to risk sending their tankers through Hormuz

1 day ago - WSJ

Trump Says US Will Be Doing A Lot of Deals With Iraq

President Donald Trump says the US and Iraq will be doing a lot of deals. “We're going to create a lot of jobs for both countries, and we're going to be taking out a lot of oil.

1 day ago - Bloomberg Markets and Finance

Fed’s Goolsbee Downplays ‘Surprisingly Benign’ Inflation Data

Chicago Federal Reserve President Austan Goolsbee said Tuesday that the market shouldn’t place too much emphasis on one month of “surprisingly benign” inflation data. Goolsbee’s statement references J...

1 day ago - TipRanks

This overlooked index is a better investment than the S&P 500

We did the math over a 30-year period, and it's not even close.

1 day ago - Market Watch

Wasserman: "No Relief in Sight" for Consumers, Fed Faces Political Tightrope

A cooldown in CPI can't offset pressures from ongoing tensions between the U.S. and Iran, argues Max Wasserman, who sees persistent headwinds hitting American consumers. "There's no relief in sight," ...

1 day ago - Schwab Network

New York becomes first U.S. state to impose AI data center ban

New York State Governor Kathy Hochul on Tuesday signed an executive order barring the construction of new "hyperscaler" data centers using 50 megawatts or more of power for up to one year. It is the f...

1 day ago - CNBC

Wall Street banks see AI 'super cycle' set to boost deals, financing

A rush by technology companies to ​fund AI infrastructure is boosting dealmaking and financing activity for Wall Street, bankers said on Tuesday, generating lucrative fees ‌from capital raising and lo...

1 day ago - Reuters

Trump scraps proposed Strait of Hormuz shipping fee for Gulf states' investment deals

Following military clashes, Trump reinstates a full maritime blockade targeting Iranian cargo while swapping Gulf shipping fees for U.S. investment deals.

1 day ago - Fox Business

Nasdaq Index: Chip Stocks Lift Tech as Soft CPI Boosts US Stocks

Soft CPI lifted tech stocks as chipmakers rallied, but IBM weighed on the Dow. See the latest S&P 500, Nasdaq and Dow Jones outlook and analysis.

1 day ago - FXEmpire

Inside the Consumer Price Index: June 2026

Inflation affects everything from grocery bills to rent, making the Consumer Price Index one of the most closely watched economic indicators. What does inflation mean at the micro level — specifically...

1 day ago - ETF Trends

Sky-high returns and earnings expectations could mean the end is near for this stock-market bull run

Never since 1950 have the S&P 500's price and earnings both been so far above the historical trend at one time, one strategist said.

1 day ago - Market Watch

Dow Jones Today: DJIA Steady as CPI Inflation Cools; Trump Calls Off 20% Hormuz Cargo Fee

The Dow Jones (DJIA) is trading slightly lower on Tuesday following an inflation update from the Bureau of Labor Statistics (BLS) and a Hormuz fee reversal from President Trump. Inflation cooled…

1 day ago - TipRanks

Regulatory action on chips, AI is coming, Commerce official says

Action regulating artificial ​intelligence and semiconductors ‌is coming, a U.S. ​Commerce Department ​official who oversees export ⁠controls said ​at a hearing ​on Tuesday.

1 day ago - Reuters

White House Cheers Inflation Data While Iran War Sparks New Price Surge

The news of an improvement in consumer prices in June came as the U.S. and Iran escalated attacks, risking a return to high energy prices.

1 day ago - NYTimes

CPI Offers "Sigh of Relief" for Fed, South Korea & China Show Global Tech Gap

@CharlesSchwab's Cooper Howard talks about how the market "can breathe a little sigh of relief" in the latest CPI print. He makes the case the Fed will "shut the door" on an interest rate hike this mo...

1 day ago - Schwab Network

Kevin Warsh pledges Fed policy ‘regime change' to rid inflation ‘tax' on American people

Federal Reserve Chairman Kevin Warsh speaks Tuesday to the House Financial Services Committee as part of the congressionally mandated semiannual monetary policy report.

1 day ago - CNBC Television

Latest CPI Report Is a Huge Relief for Investors, Says Santos of JPM Asset Management

Gabriela Santos, Chief Market Strategist for the Americas at JPMorgan Asset Management joined Bloomberg Open Interest to explains why the latest CPI report could keep the Fed on hold, why AI infrastru...

1 day ago - Bloomberg Markets and Finance

Warsh Says Fed Doesn't Want to Be in the 'Bailout Business'

"We want to be in a position where we're not bailing out anybody, including crypto," Federal Reserve Chairman Kevin Warsh says during testimony before the House Financial Services Committee. -------- ...

1 day ago - Bloomberg Markets and Finance

Warsh Says Fed Has ‘No Tolerance’ for Excessive Inflation

Newly sworn-in Fed Chair Kevin Warsh said Tuesday the Fed has “no tolerance” for elevated inflation and vowed to restore price stability. That comes after June’s Consumer Price Index (CPI) showed…

1 day ago - TipRanks

Fed Chair Kevin Warsh says central bank has 'no tolerance' for elevated inflation

Fed Chair Kevin Warsh told lawmakers the central bank won't tolerate persistently elevated inflation and will take the steps needed to preserve price stability.

1 day ago - Fox Business

Fed's 'ample reserves' approach is a focus of Warsh's balance sheet review

The way the Federal Reserve has conducted U.S. ​interest rate policy for almost two decades is up for review by one of the task forces central bank Chairman Kevin Warsh ‌has launched, though a full re...

1 day ago - Reuters

Warsh Says Fed Has 'No Tolerance' for Persistent Inflation

Federal Reserve Chairman Kevin Warsh said policymakers at the central bank have no tolerance for high inflation during remarks to the House Financial Services Committee. -------- More on Bloomberg Tel...

1 day ago - Bloomberg Markets and Finance

Chamath Palihapitiya says soaring AI token spend will hit companies' earnings

Tech investor Chamath Palihapitiya said AI usage could negatively impact some companies' earnings. "CEOs and the CFOs, in my opinion, probably have no idea how much tokenmaxxing is going on inside of ...

1 day ago - CNBC

Inflation Slowed During Pause in War With Iran

The Consumer Price Index fell to a 3.5 percent annual increase in June, and prices marked their biggest drop from a month earlier since 2020.

1 day ago - NYTimes

Warsh Reiterates Fed's Pledge to Get Inflation Down

Kevin M. Warsh, since becoming chairman of the Federal Reserve, has declined to say whether he supports higher interest rates to tame price pressures.

1 day ago - NYTimes

Kevin Warsh says Fed has ‘no tolerance' for inflation in first testimony as chairman on Capitol Hill

Warsh emphasized the Fed's commitment to focusing on price pressures – a stance that typically indicates a bias toward raising interest rates, not lowering them.

1 day ago - New York Post

What to know about the Fed chairman's testimony.

Kevin M. Warsh, the new chairman of the Federal Reserve, is taking questions from members of the House Financial Services Committee about his outlook for the economy.

1 day ago - NYTimes

The Fed's new chairman is asking for advice.

Five new task forces are focused on topics that Kevin M. Warsh, the chairman of the Federal Reserve, has said are “central to the broad conduct of monetary policy.

1 day ago - NYTimes

Americans got a break on inflation in June, with better deals at the gas station and cooler price increases across much of the economy

This was lower than the 3.8% expected by analysts polled by The Wall Street Journal.

1 day ago - WSJ