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Trump Nominates Kevin Warsh to be Next Fed Chair
Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh.
Software Stocks Enter Bear Market On AI Disruption Fear With ServiceNow Plunging 10%
Investors question whether AI competitors and automation tools could erode demand for traditional software licenses and workflows.
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DOJ Is Preparing to Sue Google Over Ad Market as Soon as September
US Justice Department is preparing to sue Google as soon as next month, according to people familiar with the matter, capping years of work.
‘Good News for Risky Assets’: Wall Street Reacts to CPI Data
First time since early 2021 that the consumer price index headline reading was lower than expectations. Stock futures soared with Treasuries.
LPL Financial Cut Ties With Advisor Over Alleged Racism. Now, She’s Suing the Firm.
Eileen Cure’s lawsuit accuses LPL Financial of defamation and of failing to provide her with sufficient notice before discharging her.
The Democrats’ Lousy Corporate Tax Hikes
Only two meaningful tax hikes Democrats may pass at all during Biden’s four-year presidential term are contained in the Inflation Reduction Act.