President Trump on Monday expressed support for Federal Reserve Chairman Kevin Warsh while simultaneously questioning the motives of other members of the Fed's Board of Governors for resisting further monetary easing. Speaking to reporters aboard Air Force One, Trump described Warsh as wanting to …
A cyclospora outbreak that has sickened thousands of people across the United States is drawing renewed scrutiny to how fresh food moves through the national supply chain. Investigators continue working to pinpoint the original source of contamination, with the current FDA investigation centered on …
June's Federal Open Market Committee meeting ended with a notably shorter statement from the Federal Reserve, and Chairman Kevin Warsh declined to offer a forecast on the outlook for rates, a tight-lipped pattern traders expect him to continue this week. Kalshi, a prediction market …
President Trump said Monday that the United States has sold more than $13 billion worth of Venezuelan oil this year, responding to reporters aboard Air Force One as he traveled to Michigan to tour a General Motors (NYSE:GM) facility. Asked about a Financial Times …
The dollar traded with a softer tone against the euro and yen on Monday after a pause in US bombing in Iran sent oil prices sharply lower and bolstered broader risk appetite ahead of a busy week of central bank meetings. The euro rose …
Israeli Prime Minister Benjamin Netanyahu departed for Washington on Monday, where he said he would hold his first face to face talks with President Trump since the start of their joint conflict with Iran. It marks Netanyahu's eighth meeting with Trump since the president …
New orders for key US-manufactured capital goods increased strongly in June, while shipments surged by the most in four and a half years as businesses ramped up spending tied to artificial intelligence infrastructure. The Commerce Department's Monday report also included upward revisions to May …
Amazon has filed an application with the Federal Communications Commission seeking approval to launch up to 5,105 internet satellites as part of a constellation designed to deliver direct-to-device connectivity, extending internet access straight to smartphones and other devices without relying on traditional cell towers. …
Hedge fund bets that healthcare stocks will rise neared a five-year high last week, according to a Goldman Sachs note, as cash-rich speculators wager that AI-driven breakthroughs and favorable financing conditions will translate into strong returns. The positioning marked the second consecutive week of …
Salesforce (NYSE:CRM) shares closed Monday at $173.55, up 6.04% from a previous close of $163.66, marking a second consecutive day of outsized gains after the stock had already risen roughly 4% on Friday. The move lifted the company's market capitalization to $142.14 billion and …