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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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Departure Of Potential Fink Successor Creates New CEO Drama At BlackRock
A potential successor to BlackRock (BLK) CEO Larry Fink is reportedly leaving, narrowing the list of contenders to become the next boss.
Jamie Dimon's 'Base Case' For Stepping Down As JPMorgan CEO Is A Few Years From Now
Jamie Dimon agreed Wednesday with an analyst's assessment that his "base case" for stepping down as JPMorgan Chase (JPM) CEO is a few years from now.
JPMorgan Notches Another Record Year Of Profits
Last year JPMorgan Chase (JPM) churned out more profits than it ever has before as it earned $14 billion in the final quarter of 2024.
Surging Bond Yields May Trigger Rising Inflation
Bond yields are climbing to levels unseen in over a year, fueled by concerns that Donald Trump’s proposed tariffs may trigger rising inflation.