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Warsh’s Return Revives Tensions Over the Fed’s $6.6 Trillion QE Hangover
As Trump mulled his choice for Fed Chair the debate in markets swirled around whether pick would lower interest rates as aggressively as he preferred.
Microsoft’s $381 Billion Rout Exposes Dark Side of the AI Binge
(Bloomberg) - Wall Street’s apprehension about the cost of developing artificial intelligence technology has been simmering beneath the surface of the stock market for months. Now it’s starting to boil over.
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Joe Biden's stimulus check changes: Do you still qualify for $1,400?
Biden OK'd a plan from Senate Democrats to change the eligibility rules, to "target" the stimulus checks away from Americans with higher incomes.
Yellen says higher Treasury yields signal recovery, not inflation
Yellen said higher long-term Treasury debt yields were a sign market participants were anticipating a stronger recovery.
Biden's White House is pondering a tax on stock trades — should you worry?
Of all the proposals under consideration, the frontrunner adds up to about $1 on every $1,000 worth of market moves.
