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Interest rates didn't change, but the language in Fed's policy statement, which it released alongside its rate decision today, certainly did.
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AI is no longer just a technology challenge; it is becoming a leadership test. The companies that win will do the following things.
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Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and begin a 60-day cease-fire.
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World Cup player Elye Wahi arrested for alleged fixing offences on eve of tournament - The Athletic The New York TimesIvory Coast's Elye Wahi caught up in betting investigation NBC NewsFrench league says 'unusual amount of bets' placed on Wahi getting a yellow card with Nice 10TVIvory Coast's Elye Wahi arrested on match-fixing allegations two weeks before World Cup New York Post
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Federal Reserve holds interest rates steady as Trump's new chairman faces fresh inflation woes NBC NewsFed leaves interest rates unchanged but signals higher rates are ahead CNNHere are the five big takeaways from Kevin Warsh's first meeting as Fed chairman CNBC
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Trump Rescinds Endorsement of Right-Wing Pastor After Texting Scandal The New York TimesTrump-endorsed pastor suspends Oklahoma House campaign after texting scandal The Washington PostPastors for Trump founder withdraws from US House race after texting scandal CNNOklahoma congressional candidate drops out amid texting infidelity furor The GuardianJackson Lahmeyer drops from R
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Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
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As OpenAI's Sam Altman admits sudden AI cost spikes have caught businesses off guard, a quiet corporate crisis is taking shape.
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The June 19 federal holiday falls on a Friday this year. Here's how trading hours and other services are affected.
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Traders expect buoyant American economy to keep Fed from cutting rates despite oil price fall
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Struggling JetBlue shuts down key Newark, LaGuardia operations as New York airport costs soar New York PostJetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale CNBCJetBlue to connect Florida and California with premium Mint flights The Palm Beach Post
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Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, according to a new set of projections.
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xAI has struggled to compete with Anthropic and OpenAI on AI coding tools. Cursor is Musk's answer.
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Clearlake Capital Group has closed its eighth flagship fund alongside co-investment vehicles and separately managed accounts, raising a combined total $14.8bn. The capital will be focused in pursuit of the trends Clearlake believes are fundamentally reshaping industries, including AI, software modernisation, digital transformation and operational efficiency. The fundraise attracted nearly 300 investors from across six […]
The post Clearlake closes eighth flagship fund on $14.8bn appeared first on AltAssets Private Equity News.
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Fed Meeting Today: Interest Rates Hold Steady; Kevin Warsh to Speak Soon — Live Updates WSJDow closes 500 points lower as Warsh's first Fed meeting sets off surge in bond yields: Live updates CNBCFed 'dot plot': Almost half of FOMC members project at least one interest rate hike this year Yahoo FinanceDow Drops 500 Points, S&P 500 Falls 1% After Fed Meeting Ends Barron's
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Georgia Republicans backtrack on redistricting plans NBC NewsGeorgia Republican legislative leaders reject governor's call for 2028 redistricting CNNGeorgia Republicans decline to redraw congressional map after voting rights decision The GuardianDems warn "fight is not over" after Georgia redistricting win AxiosIn Georgia's Capitol, Republicans' redistricting session to begin without maps
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As AI systems accumulate learned behaviors, custom embeddings, and agent logic that traditional backup tools aren't built to capture, companies are leaving their most critical data unprotected.
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Lionel Messi ties men's World Cup goals record with a hat trick as Argentina tops Algeria AP NewsMessi nets hat trick to tie Klose record with 16th World Cup goal ESPNFrom The Sports Desk: Messi's hat trick caps day of stars NBC NewsGoal machines Messi, Haaland and Mbappe give their teams perfect starts Reuters
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S&P 500 futures are little changed as oil ticks higher, traders await Fed rate decision: Live updates CNBCStock market today: Dow rises, S&P 500 and Nasdaq drift ahead of Warsh's first Fed meeting as chair Yahoo FinanceS&P 500, Nasdaq futures rise ahead of Fed rate decision qz.comMarkets News Today: Stocks Set to Open Slightly Higher Ahead of Fed Decision; SpaceX Continues Post-IPO Climb Investopedia
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Conifer Infrastructure Partners has closed its debut fund at its hard cap of $900m, exceeding its original $500m target by $400m. The firm completed the raise for Conifer Infrastructure Partners I, LP through a single institutional closing process that took fewer than five months from launch. Backers include institutional investors across endowments, foundations, public pensions, […]
The post Conifer raises $900m in oversubscribed debut fund close appeared first on AltAssets Private Equity News.
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Sometime this spring, AI stopped being a passive tool you pick up and started becoming an active system that runs in the background.
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1 killed when small plane crashes on Texas highway. People leave vehicles to try to help AP NewsBystanders rush to rescue passengers after small plane crashes on Texas highway CNNDrivers rush to rescue survivors from burning plane after crashing on Texas highway Sky NewsSmall plane crashes along Highway 59 in Laredo kiiitv.com
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General-turned-president Min Aung Hlaing seeks Beijing's support during state visit in bid to ease international isolation
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Traders think it's more likely than not that access is restored by July 1.
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The Elon Musk-led company is betting on a buzzy startup to reverse its vibe-coding struggles.
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Private equity and credit investment firm Stone Point Capital has raised $610.5m in the first close of its Stone Point Insurance Solutions Fund strategy. According to Artemis, whilst details are still currently light on the ground, market sources informed the publication that Stone Point was working on a new fund strategy to invest into reinsurance […]
The post Stone Point Capital secures $610.5m in Insurance Solutions Fund first close appeared first on AltAssets Private Equity News.
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Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.
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A deliberately unprofitable White House spectacle shows why spending to create cultural gravity—not short-term ROI—can be the most powerful marketing move.
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The global order has been altered, and economies are unlikely to simply pick up where they left off before the U.S. and Israel began bombing Iran.
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Messi hat-trick fires holders Argentina to win over Algeria at World Cup Al JazeeraMessi nets hat trick ties Klose record with 1th World Cup goal ESPNA magical Lionel Messi hat-trick as Argentina beat Algeria — but should he have been sent off? The New York TimesLionel Messi moves into tie for most World Cup goals scored with hat trick vs. Algeria
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Anterra Capital, a specialist food and agriculture investor, has announced the first close of its Fund III on $100m, against a target of $200m. According to Anterra, the fund marks a key milestone for the company, which its founders claim was built on the conviction that the tools that had already transformed other industries such […]
The post Anterra Capital confirms first close of Fund III at $100m appeared first on AltAssets Private Equity News.
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Eli Lilly's new top dealmaker explains how the company changed its approach to M&A now that it's the most valuable pharmaceutical company in the world.
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 Fed Chair Jerome Powell said the central bank could raise interest rates again if the economy and labor market don't cool down.
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