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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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US Recession Odds Are Falling Fast, JPMorgan Trading Model Shows
US economic downturn looks increasingly unlikely in eyes of stock market, according to measure of recession probabilities created by JPMorgan Chase.
HSBC’s Kettner Says It’s Time to Ditch Stocks and Hide in Cash
HSBC Bank Plc’s Max Kettner sees a painful end to this summer’s rally, and recommends abandoning equities.
Treasury Curve Inversion Deepens as Yields Jump and Then Plunge
The inversion of the Treasury yield curve deepened Wednesday as the market proved volatile once again, with yields surging.
Coinbase Shares Soar on Deal to Provide Crypto Services for BlackRock Clients
Shares in cryptocurrency exchange Coinbase Global Inc soared more than 16% on Thursday after it announced that it had partnered with BlackRock.