Powell says he will stay on as head of the Fed until Warsh is confirmed
Powell says he will keep serving as head of the central bank if his nominated successor is not confirmed.
Vice President Vance to meet with oil industry as White House plans more actions to address fuel prices
Consumers are seeing fuel prices rapidly rise as the Iran war has triggered the biggest oil supply disruption in history.
Bitcoin needs to reclaim $75,000 to herald a risk-on recovery, charts show
The two prior times when the bitcoin-to-S&P-500 relative line made a key low, it also marked major lows for the SPX — March 2020 and Oct. 2022.
Fed votes to hold rates steady, notes ‘uncertain’ impacts from Iran war
The Federal Reserve on Wednesday released its decision in interest rates.
FDA approves psoriasis pill from J&J that rivals shots Tremfya, Skyrizi
Johnson & Johnson said the U.S. Food and Drug Administration approved its once-daily psoriasis pill, the first oral option to rival best-selling shots.
Stocks making the biggest moves midday: Williams-Sonoma, Micron, Macy’s, SL Green & more
These are the stocks posting the largest moves midday.
JPMorgan Chase taps Dwyane Wade, Tom Brady for new athlete wealth management push
JPMorgan’s move reflects growing competition among banks and wealth managers to serve athletes, who are increasingly becoming entrepreneurs and investors.
Micron earnings are out after the bell following a big move higher. What analysts expect
Micron Technology is expected to beat on its fiscal second-quarter results due to a surge in demand for AI-linked hardware that has boosted memory chip prices.
Meta will pay Instagram, TikTok and YouTube creators with big followings to post on Facebook
Meta is offering monthly guaranteed pay and boosted reach for creators to start posting on Facebook’s Reels.
Meta is shutting down VR social platform Horizon Worlds in further pivot away from the metaverse
Meta is scaling back its metaverse focus, cutting studios and headcount at Reality Labs to prioritize artificial intelligence.