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Here's how markets are reacting to reports of Trump's latest attempt to undermine Fed Chair Powell
Trump is reportedly weighing a slate of candidates to take over Jerome Powell's job and could announce a replacement long before Powell's term is over.
Stock markets touch record highs in sharp turnaround from April trough
Stocks climbed higher on hopes of rate cuts and trade easing, with the S&P 500 a few points shy of its record close in February. The U.S.’ major stock index closed within a hair of its record high
HENRYs with kids say 6-figure salaries just aren't cutting it
"You're paying for your past while also trying to save for your future," Max Heninger, a HENRY parent with student debt, said.
Nike’s Earnings Were Ugly. But They’re Better Than Feared.
Nike’s fiscal fourth quarter was a rough one, but results were slightly better than feared. Nike’s sales in the quarter ended May 31 fell 12% year over year to $11.1 billion. Analysts polled by
The S&P 500 just ended the day inches away from completing a $9.8 trillion roundtrip. Here’s what’s going on
The S&P 500 on Thursday flirted with closing at an all-time high, vying to complete a whirlwind roundtrip that saw the benchmark US stock index shed and then regain $9.8 trillion in market value
This cryptocurrency is bitcoin’s biggest challenger yet — and it just might take over your wallet
Stablecoins emerged to address bitcoin’s usability problems by offering price stability and lower transaction costs. The digital-finance ecosystem took shape with the launch of
Fed Officials Are Could Be Split On Whether To Cut Interest Rates In July
Key Takeaways At least two Fed officials spoke out in favor of lowering borrowing costs as soon as July, while several others said the Fed should hold interest rates steady for now.Lower borrowing
Mortgage rates fall for 4th straight week, lowest since early May
The average rate on the 30-year fixed mortgage fell this week to 6.77%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.81%.
Nike Stock Jumps on Better-Than-Expected Results as CEO Touts Progress in Turnaround
Nike (NKE) posted better-than-expected results for its fiscal fourth quarter as the company works on its turnaround plan, sending shares higher in extended trading Thursday. The sneaker and
Walmart changing online delivery: What to know
The company reportedly plans on opening several "dark stores" - warehouse-style hubs that resemble retail outlets but are closed to shoppers.
QuantumScape’s stock is still on a tear, but buyer beware, analyst says
Baird’s Ben Kallo said he needs to see how QuantumScape plans to make money on its breakthrough EV battery-making technology before he gets bullish on the stock.
Pringles maker Kellanova's shares rise after US regulators approve its proposed merger with Mars
Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators. The U.S. Federal Trade Commission announced late Wednesday that after nearly
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