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Reports that President Trump was planning to fire Federal Reserve Chairman Jerome Powell sent stocks and the U.S. dollar tumbling on Wednesday, while long-dated Treasury yields charged higher.
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S&P 500 rises in volatile session as Trump denies he is firing Powell: Live updates CNBCTrump Has Penned Letter To Fire Fed Chair Jerome Powell The New York TimesMarkets Rattled by ‘Credible Threat' of Trump Trying to Fire Powell Bloomberg.comHow Trump could use a building renovation to oust Fed Chair Powell AP News
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US producer prices flat in June, but tariffs lift goods costs ReutersWholesale inflation measure was unchanged in June CNBCThe tariff-driven inflation that economists feared begins to emerge AP NewsTrump Effect Starts to Show Up in Economy - WSJ The Wall Street Journal
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Investment management major Neuberger Berman has hauled in more than $2.8bn for the final close of its new co-investment fund.
The post Neuberger Berman bolsters co-invest capital with $2.8bn Fund V close, well above $2.25bn target appeared first on AltAssets Private Equity News.
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Cultural habits shift from generation to generation, and a notable Gen-Z social trait may actually be our fault.
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Here's how Trump may go about trying to remove Powell, and what it could mean for the economy.
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The CEO of Deep Instinct and the CEO of Blaize come together to discuss the future of technology.
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GrabAGun says it is ‘built for the next generation of firearms enthusiasts and sportsmen'
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I walked 5,000 steps with the Apple Watch 10 vs Samsung Galaxy Watch 8 — there's a clear winner Tom's GuideThe Galaxy Watch 8 Pissed Me Off, but I'd Still Recommend It CNETSamsung Galaxy Watch8 Series: Ultra Comfort, from Sleep to Workout Samsung NewsroomGalaxy Watch 8 Classic vs Watch 6 Classic: Major redesign, better hardware and Health features SamMobile
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U.S. stocks are shaky on Wednesday as President Donald Trump said he had "talked about the concept of firing" the head of the Federal Reserve. Such a move could help Wall Street get lower interest rates, which it loves, but could also mean a weakened Fed unable to make the unpopular moves needed to get inflation under control.
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Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren't sure how long.
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Shares of Goldman Sachs and Morgan Stanley fell Wednesday despite stronger-than-expected profit from the two big banks, as investors saw little reason to bid up equity prices further after gains in recent weeks.
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Israel bombs Syrian capital despite U.S. pressure to "stand down" AxiosIsrael strikes Syria's capital Damascus, pledging to defend Druze minorities NPRSyrian government and leaders of the Druze minority announce new ceasefire AP NewsWho are the Druze and why is Israel bombing Syria to protect them? CNNIsrael Strikes Syria's
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As they navigate a dynamic, stressful social and economic landscape, workers feel very differently about the evolving American workplace than their bosses.
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Largest piece of Mars on Earth fetches meteoric $5.3 million at New York auction AP NewsWorld's biggest Mars rock sells for $5.3 million at auction CNNLargest piece of Mars on Earth sells for nearly $5.3 million at auction CBS NewsScience suffers when meteorites and fossils become an asset class Financial Times
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Your brand-new Galaxy Watch 8 might not work with Android 16's redesign, yet 9to5GoogleI walked 5,000 steps with the Apple Watch 10 vs Samsung Galaxy Watch 8 — there's a clear winner Tom's GuideGalaxy Watch 8 Classic vs Watch 6 Classic: Major redesign, better hardware and Health features SamMobileSamsung Galaxy Watch8 Series: Ultra Comfort, from Sleep to Workout Samsung Newsroom
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Goldman Sachs Sets Series of Records on Tariff Swings The New York TimesGoldman Sachs tops estimates as traders generate $840 million more revenue than expected CNBCGoldman Sachs Profit Surges, Powered by Trading, Investment Banking Revenue The Wall Street JournalTrading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos Yahoo Finance
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President Trump said the agreement would partly walk back some of the steep tariffs he threatened on the country last week. Indonesia's president called Mr. Trump a "tough negotiator."
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Stampede at Gaza aid distribution site kills at least 21, Health Ministry says The Washington PostAt least 20 killed in crush at US-backed GHF aid site in Gaza BBCAt Least 20 Killed in Stampede Outside a Gaza Food Site, Aid Group Says The New York TimesHeadlines for July 16, 2025 Democracy Now!At least 21 people killed in stampede, suffocation at GHF site in Gaza
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‘American Idol' music supervisor and husband shot dead in L.A. home The Washington PostArrest made in shooting deaths of 'American Idol' music supervisor Robin Kaye and her husband Thomas Deluca inside Encino home ABC7 Los AngelesQuestions swirl around slaying of 'American Idol' executive, rock musician husband at Encino home Los Angeles Times
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Trading desks across Wall Street have benefited as President Donald Trump's tariff policies have roiled markets for bonds, currencies, commodities and stocks.
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NYC Mayor Race: Mamdani Talks 'Intifada', Taxes in Grilling by Business Leaders Bloomberg.comMamdani Says He Will ‘Discourage' the Term ‘Globalize the Intifada' The New York TimesZohran Mamdani shifts stance on globalize the intifada amidst mayoral race controversy KOMOWhat should Jewish New Yorkers make of Zohran Mamdani? | Beth Miller and Jo-Ann Mort The Guardian
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‘Catalyst for progress': Nvidia CEO hails China's AI at Beijing expo Al JazeeraNvidia C.E.O. Treads Carefully in Beijing The New York TimesNvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted CNBC
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Louisiana police chiefs, marshal fabricated reports in visa fraud scheme, prosecutors say CBS NewsLouisiana police chiefs among those arrested and accused in a bribery scheme to help foreign nationals get visas CNNLaw enforcement officials arrested in connection with federal investigation KLFY.com
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iPhone 17 Pro: Three reasons you might want to upgrade from iPhone 16 Pro 9to5MaciPhone 17 colors confirmed! See all of Apple's 2025 options right here MacworldiPhone 17 Air Said to Feature Titanium Frame — Unlike iPhone 17 Pro MacRumorsApple iPhone 17 Release Date: New Leak Reveals Latest Key Data Forbes
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Updates to Anthropic's Claude Code are designed to help administrators keep tabs on things like pricey API fees.
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US president later said such a move would be ‘highly unlikely', prompting swings in currency markets
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Donald Trump asked lawmakers whether he should fire Fed's Jay Powell Financial TimesTrump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send It. The New York TimesIn Dress Rehearsal for Trump Firing a Fed Chairman, U.S. Markets Sank—Then Steadied The Wall Street JournalDow adds 200 points, S&P 500 rises in volatile trading as Trump denies he's firing Powell: Live updates CNBC
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All 15 New iPhone 17 and iPhone 17 Pro Colors Revealed in Latest Leak MacRumorsiPhone 17 colors confirmed! See all of Apple's 2025 options right here MacworldiPhone 17 Air Said to Feature Titanium Frame — Unlike iPhone 17 Pro MacRumorsApple iPhone 17 Release Date: New Leak Reveals Latest Key Data ForbesWe might be seeing a faster chip in the standard iPhone 17
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Wholesale prices were unchanged in June and showed only a mild effect from U.S. tariffs, adding to the growing view that trade wars won't lead to a big increase in inflation.
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‘Legend of Zelda' Live-Action Movie Finds Its Zelda and Link The Hollywood Reporter‘Legend Of Zelda' Movie Casts Bo Bragason & Benjamin Evan Ainsworth As Zelda And Link DeadlineNintendo Confirms Actors Set to Play Link and Zelda in Live-Action The Legend of Zelda Film IGN'The Legend of Zelda' live-action movie find its Link and Zelda USA Today
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Bank of America put out a mixed quarter, exceeding on EPS and missing on revenue and one of its main drivers, net interest income.
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The next Made By Google event (better known as the Pixel launch) is set for August 20 EngadgetGoogle to Unveil New Pixel Hardware on Aug. 20 With AI in Focus Bloomberg.comGoogle announces Pixel 10 launch event The VergeGoogle announces August 20 event for Pixel 10 and Pixel Watch 4 9to5Google
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Russia Launches Hundreds of Drones at Ukraine, Defying Trump's Peace Ultimatum The Moscow TimesRussia launches massive attacks; Trump backtracks from suggestion Ukraine should target Moscow NBC NewsRussia launches ‘massive' drone bombardment on Zelensky's hometown, Ukrainian officials say CNNThe first casualty is sleep as the bombs and missiles fall on Kyiv
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President Donald Trump and his supporters point to encouraging economic indicators to argue that concerns about his tariffs are overblown. Skeptics, however, say it's too soon to declare that all's well.
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JPMorgan Chase's stock rises after another earnings beat, but CEO Dimon sees "significant risks" for the financial markets.
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Treasury Secretary Scott Bessent's comments and news of the resumption of H20 chip sales to China have excited Wall Street.
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