Federal Reserve Chair Kevin Warsh signaled a hawkish stance at his first press conference, emphasizing a strong commitment to the 2% inflation target and dismissing dovish expectations. Markets reacte…
Stocks fell after the Federal Reserve's first policy meeting under new Chair Kevin Warsh, as a hawkish dot plot signaled a potential rate hike this year. The S&P 500, Nasdaq 100, and all Magnificent 7…
SpaceX shares fell as much as 4.7% on Wednesday, snapping a three-day rally that had pushed the stock nearly 50% above its $135 IPO price. The decline threatens to drop the company below Amazon in mar…
The Federal Reserve is expected to hold interest rates steady at 3.50%-3.75% amid a US AI boom, while the European Central Bank hiked rates to 2.25% despite weak Eurozone growth, creating a policy div…
SpaceX shares surged up to 8.7% in their second day of trading, boosting the company's market value to over $2.2 trillion following a record $86.2 billion IPO. The strong debut eased concerns about la…
Private employers added 122,000 jobs in May, exceeding economists' expectations of 110,000 and marking the strongest month of hiring since January 2025, according to ADP data released Wednesday. Job o…
According to the article, the U.S. Secret Service shot and killed a man who opened fire at a security checkpoint outside the White House, leading to a brief lockdown of the premises. The incident, whi…
The article reports that the University of Michigan's consumer sentiment survey showed a troubling rise in both short-term and long-term inflation expectations, with long-term views jumping to 3.9% in…
President Donald Trump oversaw the swearing-in of new Federal Reserve Chair Kevin Warsh at the White House, urging him to stimulate the economy while maintaining the central bank's independence. Trump…
Claudia Sahm, a former Federal Reserve economist and creator of the Sahm Rule recession indicator, has expressed serious concerns about Kevin Warsh’s potential policies as Fed chair, warning they coul…
Tulsi Gabbard resigned from her position as Director of National Intelligence in President Trump’s Cabinet. Her resignation was announced on May 22, 2026, with her last day in the role set for June 30…