Donald Trump declared he “should be listened to” by the Federal Reserve, as he weighs candidates to lead the central bank amid an extraordinary campaign by the White House to exert greater control over its decisions. The US president said…
The Federal Reserve’s early reappointment of its regional bank presidents took markets by surprise and eased concerns the central bank would soon lose its independence as President Donald Trump continues demanding steeper rate cuts. On Thursday, the Fed announced 11…
Indexes fall: Dow 0.51%, S&P 500 1.07%, Nasdaq 1.69% Nasdaq marks lowest close since Nov 25 Broadcom falls 11% as margin pressures add to AI payoff jitters Lululemon climbs 9.6% after CEO exit, profit forecast boost Investors look ahead to…
Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025. CNBC President Donald Trump said Friday that Kevin Warsh has moved to the top of his list as the next Federal Reserve chair, though…
The head of the Federal Aviation Administration has not sold off his multimillion-dollar stake in the airline he led since 1999 despite a promise to do so as part of his ethics agreement, according to a Democratic senator. In a…
Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City. Spencer Platt | Getty Images Futures tied to Dow Jones Industrial Average were higher Thursday night after strong gains in value…
A dark thought is starting to circulate around Wall Street. What if, after years of stellar gains, the US stock market is basically flat for the next decade? That feels like an unbelievable idea given the current bull run for…
In attempting to keep up with (or ahead of) the competition, model releases proceed at a steady clip: GPT-5.2 represents OpenAI’s third major model release since August. GPT-5 launched that month with a new routing system that toggles between instant-response…
At the Fed’s press conference, Fed Chair Jerome Powell acknowledged that many consumers are struggling with higher inflation. “We hear loud and clear” the concerns about affordability, Powell said. But what Powell and the Fed can do about affordability is…
Customers walk in the parking lot outside a Costco store on Dec. 2, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday surpassed Wall Street’s quarterly expectations as its sales rose 8.2% year over year. The warehouse…