Stock Market News
Trump Labels $300 Billion U.S. Payment to Iran as ‘Fake News’
President Trump countered reports that the U.S. would provide Iran with $300 billion as part of the memorandum of understanding (MOU) between the two sides. “There is no 300 Billion…
Markets are set for a much more hawkish Warsh Fed than expected
Fed Chairman Kevin Warsh's tough talk on inflation reverberated through financial markets, with traders expecting that the central bank could start jacking up interest rates in just a few months. A po...
The postwar outlook: Why energy markets will never be the same
The Iran war's legacy likely will be an urgent need to rethink energy security.
Warsh shocks Wall Street with hawkish turn as Fed rate hikes come back into play
Dramatic shift in market sentiment came after Federal Open Market Committee left rates unchanged but signaled that inflation remains its top concern.
Dow Jones Today: DJIA Advances on U.S.-Iran Deal as Trump Claims Victory
The Dow Jones (DJIA) is in the green on Thursday after the U.S. and Iran remotely signed a memorandum of understanding (MOU) ahead of schedule. The MOU will initiate efforts…
Regional environmental agency to review complaint on oil well contamination in Mexico's Veracruz
The Commission for Environmental Cooperation (CEC), which oversees environmental issues in the United States, Mexico and Canada, on Thursday said it will review a complaint alleging Mexico failed to...
These stocks are in trouble now that Kevin Warsh removed the market's guardrails
If you were to take Federal Reserve Chair Kevin Warsh at face value following his press conference on Wednesday, you'd realize that this is no “dove” leading the U.S. central bank.
Fed Chair Kevin Warsh wants to get inflation under control. That could be bad news for home buyers seeking lower mortgage rates.
The Federal Reserve is in a “new era,” but home buyers are facing the same old affordability challenges.
AI Trade Leads on Quadruple Witching Day, Bitcoin Can't Catch Bid
A bounce in the semiconductor stocks is pulling everything up with it on a quadruple witching day, says @CharlesSchwab's Joe Mazzola. As he explains, pay attention to Thursday's moves, as it will like...
Peter Tchir on U.S.-Iran Memorandum, Fed's Tentative Rate Hike Tilt
Peter Tchir talks about the details emerging on the U.S.-Iran memorandum of understanding. He says the FOMC keeping rates unchanged indicates possible future rate hikes.
Dow jumps 250 points as Wall Street tries to recover from Fed sell-off over interest rates, inflation fears
Stocks rose Thursday morning as Wall Street tried to recover from a sell-off the previous day, after new Fed Chair Kevin Warsh came out with a tough, anti-inflation stance that spooked investors hopin...
Citigroup (C) Still Expects the U.S. Federal Reserve to Cut Interest Rates This Year
The bank expects inflation and employment to ease in this year’s second half.
Rate Hike Odds Rally Following Warsh’s First Fed Meeting as Chair
On Wednesday, Kevin Warsh presided over his first meeting as the head of the Fed. The meeting saw the central bank vote unanimously to hold rates steady in a range…
Three Saudi oil tankers carrying 6 million barrels cross Strait of Hormuz
The three Saudi tankers switched their transponders on Thursday after hiding their location for more than two months. President Donald Trump and Iranian President Masoud Pezeshkian signed a deal Wedne...
Fed's Cook spent $1.2 million on legal services fighting firing by Trump
Federal Reserve Governor Lisa Cook, who is fighting an effort by U.S. President Donald Trump to fire her over mortgage fraud allegations she says are untrue, disclosed on Thursday extensive payments ...
New bill would ban lawmakers, their families from betting on prediction markets
The Stop Lawmakers From Predicting Act would ban members of Congress from placing bets on prediction markets related to policy and elections.
Why Is the Stock Market Up Today, 6/18/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading higher on Thursday after the U.S. and Iran signed an agreement to reopen the Strait of Hormuz and…
Dow Jones Rallies as U.S. and Iran Ink Deal to Reopen Hormuz
The Dow Jones (DJIA) is trading higher on Thursday after the U.S. and Iran remotely signed a memorandum of understanding (MOU). The MOU calls for the immediate reopening of the…
Trump bid to fire Fed's Lisa Cook cost her more than $1M in legal, security costs: Filing
President Donald Trump attempted to fire Fed governor Lisa Cook last year. The Supreme Court is expected to rule imminently on her case.
Dow opens 349 points higher as chip stocks rally on Iran deal optimism
US stocks opened higher on Thursday as investors looked to recover from the previous session's selloff, with optimism surrounding a temporary US-Iran peace agreement helping offset concerns about a mo...
U.S.-Iran Memorandum Sigh of Relief for Energy Trade, Fed Sets New Tone
While not a complete end to the U.S.-Iran hostilities, Kevin Hincks sees the memorandum of understanding expected to be signed by Friday as a big sigh of relief for a greatly pressured energy trade. H...
Goldman Sees More Two-Year Volatility Under Warsh Fed
Kay Haigh at Goldman Sachs Asset Management says two-year Treasury yields may become more volatile as Federal Reserve Chairman Kevin Warsh charts a new course for central bank communications. He speak...
U.S. Jobless Claims Fell Last Week
The number of people who filed for unemployment benefits fell to 226,000 in the week through June 18, compared with the upwardly revised 230,000 reported a week earlier, the Labor Department said.
Stock Futures Rise after Wednesday’s Selloff; Intel Stock Soars as Trump Reveals Apple Deal
U.S. stock futures rose on Thursday morning, recovering from Wednesday’s selloff after Fed Chair Kevin Warsh indicated the possibility of a rate hike this year. Also, investors assessed the implicatio...
We're in 'a pretty sweet spot' for yields right now, says JPMorgan's Kelsey Berro
Kelsey Berro, JPMorgan Asset Management fixed income portfolio manager, joins 'Squawk Box' to discuss the Fed's decision to keep interest rate steady, key takeaways from Fed Chairman Warsh's commentar...
Rate hikes are on for the G10 economies
The agreement between the United States and Iran to end their war, and the subsequent fall in oil prices, are good news for central bankers worried that high energy costs will spill over into broader...
Two key things that need to happen before Strait of Hormuz traffic can return to prewar levels
The U.S. and Iran agreed to a framework for a peace deal that extends their cease-fire for another 60 days. Now, a series of practical steps are needed for traffic to pick back up through the shipping...
Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Look to Rally into the Holiday
US Indices continue to see buyers on dips early Thursday, as we are looking at a holiday on Friday.
5 Things to Know Before the Stock Market Opens on Thursday
Stock-market futures were trending higher Thursday morning. Stocks fell yesterday on news that the Federal Reserve was open to an interest-rate hike this year; investors were still digesting the lates...
Trump's Hope or Warsh's Caution? What Way Wall Street Leans Will Define Stock Market's Next Move.
Stocks looked set to focus on hope over caution Thursday, partly reversing the sharp declines that followed a surprisingly hawkish meeting of the Federal Reserve under new Chairman Kevin Warsh. Invest...
Trump Loves the Stock Market but Rally Needs More Than Iran Bump. And 5 Other Things to Know Today.
Warsh kills Fed guidance but the signs are clear on rates, peace deal leaves big questions over Hormuz and oil
The next two weeks could bring a bumpy ride for U.S. stocks. Buy any dip, says this strategist.
Citadel strategist Scott Rubner says one of the most important two weeks of the year is here, and that could open buying opportunities for stocks.
Morning Bid: Kevin who? MoU trumps Fed
Markets bristled at the Federal Reserve's hawkish tilt - but only briefly. The U.S. central bank began the Kevin Warsh era by keeping interest rates steady at 3.50%-3.75%, as expected, though messagin...
Dow futures jump 315 points: 5 things to know before Wall Street opens
US stock futures rose on Thursday as investors bought back into technology shares after a sharp sell-off sparked by the Federal Reserve's tougher inflation message. Nasdaq 100 contracts led the reboun...
Warsh wants to listen to markets more. Morgan Stanley says markets may regret it.
Fed Chair Kevin Warsh says he wants to listen to the signal from markets more. Strategists at Morgan Stanley say markets may regret being in charge.
Stock Market News Today, 6/18/26 – Futures Rally as U.S.-Iran Peace Deal Sends Oil Lower
U.S. stock futures rallied early Thursday as investors assessed the implications of the interim peace deal between the U.S. and Iran. Futures rebounded after Wednesday’s selloff, which followed the Fe...
Turbocharged Earnings Are Pushing Stocks Higher. There's a Catch
The AI-investment boom is leading to big spending, but the bill comes later.
Treasurys, Stock Futures Rebound on U.S.-Iran Agreement, Fed Reaction
U.S. stock futures were rising across major indexes after Japanese and Korean indexes closed at fresh highs.
Stock Market Today: Stocks Set for Rebound After Iran Deal Is Signed
U.S. stocks look poised for a rebound and oil is sliding after the U.S. and Iran signed their interim pact to wind down the war.
This Hawkish Fed Was Good for Stocks: 3-Minutes MLIV
Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." -------- More on Bloomberg Television and Markets Like this video...
This is what the market believes about the Iran conflict, expert reveals
Former Council of Economic Advisors acting chair Tomas Philipson discusses the price of crude oil and the Middle East conflict on 'The Bottom Line.' #fox #media #breakingnews #us #usa #new #news #brea...
Stock Futures Rise as U.S. and Iran Sign Peace Deal
U.S. stock futures climbed higher ahead of Thursday’s session on reports that the U.S. and Iran have signed an interim peace agreement. Futures rebounded after Wednesday’s selloff, which followed the…
This Investment Pro Is Leaning Into Risk. Why He Likes Defense, Ag Tech, and Infrastructure.
He also favors international stocks and small-caps for the firm's wealthy clients.
Wall street urges US regulators to further ease Basel capital rules, FT reports
Wall Street groups are warning US regulators that their plans to implement "Basel Endgame" global bank capital requirements will affect liquidity in Treasury markets, urging them to rework propo...
Wall Street Hiring Dilemma: AI Can Model—but Can't Make—the Next Rainmaker
Executives are reluctant to slash jobs, with rainmakers often starting out as junior bankers performing rote tasks.
Fed Chairman Kevin Warsh said almost nothing about things the markets most wanted to understand on Wednesday
In his debut as chairman, Kevin Warsh stripped away the central bank's policy hints and committed to bringing inflation down—but wouldn't say what that will take
AI's most powerful bosses deliver message to world leaders - and it's not very reassuring
The bosses of the world's leading AI companies have a clear ask for the leaders of the G7: you have to come up with a way to govern artificial intelligence.
Asian Currencies Consolidate; May Be Weighed by Fed Rate-Hike Expectations
Asian currencies consolidated against the dollar in early trade but may be weighed by expectations of Fed rate increases that enhance the appeal of U.S. dollar-denominated fixed-income assets.
Don't Rely on Dot Plot: Thomas Urano on What to Watch in Kevin Warsh's Fed
The Fed's decision to hold interest rates in its June meeting was unanimous, though half of the FOMC members penciled in a rate hike before the end of 2026. Thomas Urano adds that new Fed Chair Kevin ...
Why the Warsh Fed sees interest rate hikes ahead
Federal Reserve Chairman Kevin Warsh spoke to markets in June, signaling the committee's outlook for interest rates, inflation and economic growth. CNBC's Jeff Cox reports.
Review & Preview: Blame It on the Fed
All three indexes fell on fears the Fed will hike interest rates later this year.
Did Warsh and Vance just open the door to higher inflation?
The U.S. government's official 2% annual inflation target has suddenly been thrown into doubt by Kevin Warsh and J.D. Vance.
How Gulf Funds Are Buying The Backbone Of AI
Sovereign wealth funds deployed about $66 billion into artificial intelligence and digital infrastructure during 2025, on figures from Global SWF's annual report reported by Gulf News, which appeared ...
U.S. Stock Futures Tick Up as Markets Recover from Fed-Driven Sell-Off
U.S. stock futures inched higher on Wednesday evening as the market bounced back from a sharp late-day sell-off sparked by the Federal Reserve. The central bank held rates steady at…
In Warsh's first Fed meeting, a unanimous hold hides a split committee and a debated rate cut, DiMartino Booth says
The Federal Reserve held interest rates steady Wednesday in Kevin Warsh's first meeting as chair, but its newly released projections exposed a committee sharply divided over whether to raise rates thi...
Larry Kudlow: This is the KEY target right now
FOX Business host Larry Kudlow discusses his takeaways from Fed Chair Kevin Warsh's debut at the podium on 'Kudlow.'
It was an eventful first meeting for the new Federal Reserve chairman, Kevin Warsh, with a break from how the central bank operated under Jerome Powell
New task forces, new projections, rate increases on the horizon – it was an eventful first meeting for the central bank's new head.
Stock-market pessimists have one less reason to worry as shares of banks and retailers perk up
Stock-market pessimists love to complain about how a small group of names, mostly linked to the AI trade, have done much of the heavy lifting over the past couple of months for major equity indexes li...
Warsh's Uphill Battle
Kevin Warsh enters the Fed Chair role with a reputation as a policy dove, but the backdrop he is inheriting makes the path toward rate cuts increasingly difficult. His core thesis centers around a pro...
Warsh's Commitment to Inflation Fight Sparks Market Slide
Stocks fall and bond yields jump after central-bank officials signaled rates could rise by the end of the year.
Fed Holds Rates Steady As Warsh Takes Helm: Fed Special
Bloomberg's Scarlet Fu and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Res...
Analysis: Chairman Kevin Warsh's task forces are the key to understanding the new Fed
Fed Chairman Kevin Warsh stuck to his long-stated belief in his first press conference on Wednesday that "inflation is a choice." That message is part of a broader reorganization Warsh has planned to ...
Despite Uncertainties the U.S. Economy Powers On
Despite global geopolitical uncertainties and the ongoing conflict in the Middle East, the U.S. economy is showing signs of accelerating growth in the second quarter after a relatively soft start to t...
Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
Fed holds rates steady at Warsh's first meeting.
Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, according to a new set of projections.
Markets Rattled by Warsh Poker Face
Fed officials hinted more strongly at a rate hike, but Fed Chair Kevin Warsh was noncommittal. At Warsh's first meeting as chairman, nine out of 19 officials projected that at least one rate hike woul...
Stock Market Today: SPY, QQQ Tumble after Fed Decision Signals Higher Rates
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed lower on Wednesday after the Fed voted unanimously to hold interest rates steady. News That Moved the Stock…
Dow falls 500 points as Fed's hawkish shift jolts markets
US stocks fell sharply on Wednesday, with the Dow Jones Industrial Average shedding nearly 500 points, after the Federal Reserve left interest rates unchanged but signaled that policymakers may still ...
At Kevin Warsh's first meeting as chairman, the Fed left rates steady as more officials signaled a need to raise rates this year
At Kevin Warsh's first meeting as chairman, the central bank signaled a rate hike is now more likely this year than a rate cut
Dow tumbles 500 points as possible rate hike under new Fed chief rattles Wall Street
In his first press conference as head of the central bank, Warsh said he's also considering a revamp of how the Fed communicates with the market and US households and businesses.
S&P 500 Top Stock Gainers Today, 6/17/26
The S&P 500 (SPX) closed lower on Wednesday after the Fed voted 12-0 to hold rates steady. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector Industrials were the top-p...
Takeaways from Kevin Warsh's first meeting as Fed chairman.
Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for
Gundlach said Warsh's stance reduces the riskof overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
Fed's Kevin Warsh: FOMC believes labor markets are stable
Federal Reserve Chairman Kevin Warsh answers questions following the FOMC's decision to leave rates unchanged.
Chair Warsh Says Fed Will Deliver Price Stability
Federal Reserve Chair Kevin Warsh vows the committee will deliver price stability. In his first press conference leading the Fed, Warsh said there was "rigorous debate" before members voted to keep ra...
Fed's Warsh Says He Doesn't Think Submitting Dots Is Helpful
Federal Reserve Chair Kevin Warsh says his colleagues have been "very open" about changes during a news conference after the Fed decided to leave rate unchanged. -------- More on Bloomberg Television ...
Warsh launches his push to change how the Fed operates
Federal Reserve Chairman Kevin Warsh made waves on Wednesday while hosting his first press conference as head of the U.S. central bank.
Fed leaves rates unchanged following first FOMC meeting under Warsh
FOX Business White House correspondent Edward Lawrence reports on the Federal Reserve's decision to maintain current interest rates on 'Making Money.' 00:00 - Fed Leaves Rates Unchanged & Statement Ch...
Why Is the Stock Market Down Today, 6/17/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading lower on Wednesday after the Fed voted to hold rates steady. While the decision was widely in line…
See How the First Fed Statement Under Warsh Evolved
Interest rates didn't change, but the language in Fed's policy statement, which it released alongside its rate decision today, certainly did.
Fed Chairman Kevin Warsh: This committee will deliver price stability
Federal Reserve Chairman Kevin Warsh delivers opening remarks following the FOMC's decision to leave the federal funds rate unchanged.
Kevin Warsh will be much more discreet in how he speaks to markets, says Sen. Dave McCormick
Sen. Dave McCormick (R-Pa.) joins 'The Exchange' to discuss what to expect from Kevin Warsh at the Federal Reserve.
Fed projections call for a rate hike in 2026, but Chairman Warsh likely abstained
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
Trump Says Affordability Is ‘Fake Word' As Inflation Hits 3-Year High
President Donald Trump once again dismissed Americans' economic concerns as a problem made up by Democrats and went as a far as calling affordability “a fake word,” effectively putting him at direct o...
Fed Holds Interest Rates Unchanged In Kevin Warsh's First Meeting—But Higher Rates Are Expected
Several analysts believe the Federal Reserve will withhold its “dot plot,” a graph outlining the central bank's policymaking decisions, as Warsh has criticized the plot for limiting the Fed's decision...
Federal Reserve leaves interest rates unchanged as Warsh era begins
The Fed left interest rates unchanged in June as Fed Chair Kevin Warsh led his first monetary policy meeting at the central bank, which faces elevated inflation due to the Iran war.
Fed Leaves Rates Unchanged, Projections Over Hikes Are Split
The Federal Open Market Committee voted unanimously to leave its benchmark interest rate in a target range of 3.5%-3.75%. Policymakers were split over whether they expect to raise rates this year.
2-year Treasury yield rockets higher as many Fed officials signal possible hike this year
U.S. Treasury yields rose on Wednesday after the Fed held interest rates steady during Kevin Warsh's first policy meeting as chairman.
Chairman Warsh drastically alters Fed rate statement. Here's what's changed
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.
Interest Rates Left Unchanged, Some Fed Members See Hike in 2026
Tom White talks about the interest rate decision just as it hits the wire, noting that several members in the FOMC pointed to potential for an interest rate hike in 2026. He talks about what the proje...
Fed chief Warsh appears to forgo a 'dot' indicating his rate-path view
Federal Reserve Chairman Kevin Warsh appears not to have submitted an interest-rate-path projection as part of the central bank's quarterly forecasts, a break from past practice that may suggest he i...
Federal Reserve holds interest rates steady for fourth time this year
US central bank makes decision in first meeting under new chair and Trump appointee Kevin Warsh
Fed holds interest rates steady in Kevin Warsh's first meeting as chair
The Federal Reserve held interest rates steady at Kevin Warsh's first meeting as chairman Wednesday in a unanimous vote.
Donald Trump Has It Wrong. The Stock Market Should Never Determine Foreign Policy.
Stock markets sort out capital. They shouldn't be asked to measure foreign policy success.
Fed Holds Rates Steady, But More See Higher Rates As Next Move
At Kevin Warsh's first meeting as chairman, the central bank signaled a rate hike is now more likely this year than a rate cut
Fed holds rates steady, pares down statement to remove cutting bias
Kevin Warsh's first meeting as Federal Reserve chairman concluded Wednesday with no change in interest rates, the removal of key language indicating a bias toward future cuts, and a dramatically short...
Dow Jones Hits New High as Strong Spending Challenges Fed Rate-Cut Hopes
Dow Jones hits a record high as strong retail sales bolster the economy, while investors await Fed Chair Kevin Warsh's first policy signals
Fed Holds Rates Between 3.50% and 3.75% as Dot Plot Turns Hawkish
In a widely expected move, the Fed voted 12-0 on Wednesday to leave the federal funds rate unchanged between 3.50% and 3.75%. The central bank’s decision came in line with CME’s FedWatch…
Trump Eyes Earlier Signing of Iran MOU to Expedite Hormuz Reopening
President Trump said Wednesday that the U.S. could sign the memorandum of understanding (MOU) with Iran as early as Thursday. The two sides had previously scheduled a signing ceremony in…
What to watch for at Kevin Warsh's first Fed meeting as chairman today
Kevin Warsh is widely expected to hold interest rates steady in his first meeting as Fed chairman Wednesday afternoon – but now all eyes are on whether the committee will signal a more hawkish stance,...
These Wall Street Experts Think the Market Outlook for 2026 Just Got Brighter. Here's Why.
The events of the past few days have some Wall Street experts feeling good about U.S. stocks.
The Economy Is Weakening. That Will Test This Long Rally.
Cracks are starting to show in economic growth and the jobs market that could hange the Wall Street's assumptions about Fed rates.
SPACs are back, thanks to Wall Street's mega-IPO frenzy
Blank-check firms eye revival. Companies weigh SPACs alongside IPOs. SPACs hold $56.8 billion awaiting deals, data shows.
Dow Jones Today: DJIA Secures Another Record High with Fed Rate Decision On Deck
After opening in negative territory, the Dow Jones (DJIA) staged a reversal and climbed to a new intraday all-time high of 52,281. This morning, President Trump warned that hostilities against…
How to read the Fed's projections like a pro.
Federal Reserve officials are scheduled to release a fresh set of economic projections alongside their interest rate decision on Wednesday, offering a glimpse of the path for monetary policy under new...
Political Spotlight Shines on Warsh for His First Fed Meeting as Chairman
The new Fed chairman is bound to face the unyielding attention of the president that nominated him.
Who is Kevin Warsh, the Fed's new chairman?
Mr. Warsh will make his public debut as the Federal Reserve's chairman on Wednesday.
Warsh is focused on the Fed's balance sheet. Here's what you need to know.
How the Fed's rate decisions affect your wallet.
Kevin M. Warsh will take questions from reporters after leading his first gathering of the Federal Reserve's top officials.
Fed Interest Rate Expectations, from Inflation Metrics to Fixed Income
On his expectations for the Fed's interest rate decision and Kevin Warsh's press conference, @CharlesSchwab's Nathan Peterson tells investors, "not to expect much of a surprise." That said, pay attent...
Consumers Keep Clicking ‘Buy' as Retail Sales Climb
Consumers may be scrutinizing purchases more closely, but May's retail sales report showed spending activity remains firmly in motion. Advance estimates from the U.S. Census Bureau released Wednesday ...
Less than one-third of global workers feel their jobs are safe, ADP survey data shows
Even with global unemployment at historically low levels, workers are not feeling secure. Only 22% of workers globally strongly agreed that their job was safe from being eliminated, ADP found.
Markets Brace As Warsh Prepares First Fed Test
The S&P 500 concluded Monday at 7,554.29, a 1.65% increase, while the Nasdaq soared by 3.1%. This notable rally seemed closely associated with geopolitical events. On Sunday, June 14, President Trump ...
Here's how stocks performed under different Fed chairs — and how much influence Warsh really has
A look at stock-market performance under Fed chairs going back to the 1930s.
SEC Considers Tokenized Stocks That Could Enable 24/7 Trading
The Securities and Exchange Commission (SEC) is set to introduce a new policy that would allow trading in tokenized versions of existing U.S. stocks. Tokenized stocks are digital representations of…
Goldman's Kaplan on Fed's Warsh and AI Capex Boom
Robert Kaplan, Goldman Sachs vice chair and former Federal Reserve Bank of Dallas president, expects Federal Reserve's Kevin Warsh to adopt a more neutral tone in his first news conference as chair. S...
S&P 500 Muted ahead of Warsh’s First Fed Meeting as Chair
The S&P 500 (SPX) is relatively unchanged on Wednesday ahead of Kevin Warsh’s first Federal Open Market Committee (FOMC) meeting in the Fed Chair role. The central bank will release…
U.S. Pending-Home Sales Rises More Than Expected in May
The pending-home sales index, a leading indicator of house sales based on contract signings, rose 3.8% on month to 76.8. Economists polled by The Wall Street Journal had forecast a 1% increase.
U.S.-Iran Deal ‘Smacks of Appeasement,’ Warns Mike Pence
Former Vice President Mike Pence cautioned that the U.S. could be at a disadvantage in its memorandum of understanding (MOU) with Iran. At the same time, he expressed support for…
Dow Jones Stalls after Trump Warns U.S. Could ‘Go Right Back to Dropping Bombs’ on Iran
The Dow Jones (DJIA) is trading slightly lower after President Trump threatened to strike Iran if the memorandum of understanding (MOU) fails to meet his expectations. “The text is not…