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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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Americans Are Putting Inflation on the Credit Card, Fed Study Shows
Americans are dealing with inflation by turning to credit, racking up higher balances on credit cards as sky-high inflation and rising interest rates.
Fed ‘Nowhere Near’ Finished With Inflation Fight, Daly Says
Federal Reserve officials effectively pushed back against a narrative in financial markets over the past week.
Nomura’s 97% Profit Drop Adds Urgency to Shift Away From Trading
Nomura Holdings Inc. barely eked out a profit as fixed-income gains couldn’t make up for weakness elsewhere.
Strategists Fear Pelosi Trip to Have Deeper Global-Market Impact
Immediate market impact of Nancy Pelosi’s visit to Taiwan may be fading, but has left fund managers rethinking how to navigate fraying relations.