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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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Avaya, Goldman, JPMorgan Face Lender Ire After Loan’s Collapse
Investors fuming over the rapid collapse of a leveraged loan issued in June have hired a law firm to examine legal options.
Analysis: U.S. Banks Face Trillion-Dollar Reverse Repo Headache
The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks.
Google Chief Warns Bloated Staff of ‘Real Concerns’ Over Productivity
Slowing revenue growth and an increasingly murky outlook for tech companies in general, Google is tasking its employees to put in harder shifts.
JPMorgan’s Kolanovic Stands Apart in Saying Stocks Will Rebound
JPMorgan Chase & Co.’s Marko Kolanovic is emerging as one of the very few bulls among Wall Street’s top strategists saying US stocks will rally.