The list of candidates to succeed Fed Chair Jerome Powell has been cut down to four after Treasury Secretary Scott Bessent dropped out of consideration, President Donald Trump said Tuesday.
Bank of America has hired Morgan Stanley's Todd Giardinelli as head of natural resources and energy transition within the firm's investment-banking unit
The CFPB is meeting with stakeholders interested in shaping a revamped open banking rule and appears open to letting lenders charge for access to customer data, sources say
The US Department of Health and Human Services is pulling funding to develop RNA vaccines, another step in the agency's changing practices under Secretary Robert F. Kennedy Jr.
As speculation mounts that the BOJ will raise interest rates later this year, there's a growing risk that required payments to its deposit facility could put added strain on the bank's finances
As of August 1: Average US tariffs on China: 54.9% Average Chinese tariffs on US: 32.6% Average US tariffs on the rest of the world: 14.5% Average Chinese tariffs on the rest of the world: 6.5%
AMD Up 47% In 2025, Outperforming Nvidia's 33%, As AI Capex Boom Lifts Demand; Q2 Rev Seen +27% To $7.4B; Investors Want AIInfra Gains To Justify Rally; China AIChip Sales Set To Resume
Trustworthy federal statistics are important for policymakers but also companies gauging the economy for hiring & investment choices. "Businesses are less likely to make investments if they can't trust data about how the economy is doing," an economist says.
🏆 Yesterday marked a historic milestone: for the first time, investors gained access to a TON-holding company listed on the US stock market (ticker: VERB). This company is deploying $558 million to accumulate Toncoin — never selling, only buying more over time.