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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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Fed's Bullard: We're Going to be Tough to Get Inflation Back to 2%
Fed will also probably have to keep rates "higher for longer" in order to gather enough evidence that inflation is coming down.
The Housing Market Correction Takes an Unexpected Turn
As soon as mortgage rates rose this spring, the housing market slipped into a housing cool down. The housing correction could soon lose some steam.
Libor Jumps to Highest Since 2008 on Fed Hike Expectations
Three-month London interbank offered rate for dollars climbed to a nearly 14-year high as traders brace for steady interest-rate hikes.
Wells Fargo Seeks $30 Million in Tax Breaks for Suburban Dallas Office Hub
Wells Fargo & Co. is seeking millions of dollars in tax breaks for a new office campus in a suburb of Dallas.