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Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central bank's independence.
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Iran war: What's happening on day 62 as Trump asks Iran to ‘give up'? Al JazeeraTrump Tells Aides to Prepare for Extended Blockade of Iran WSJExclusive: Trump rejects Iran's offer, says blockade stays until nuclear deal AxiosWhite House meets with Chevron, oil traders amid Iran standoff Politico
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U.S. Economy Grew 2 Percent in Early 2026 Even as War in Iran Began to Hit Energy Prices The New York TimesTrump's 'tortoise' economy: GDP grows even as Iran challenges loom PoliticoUS economic growth rebounds 2% as consumer spending slows amid Iran war The GuardianEconomy picked up in early 2026, but inflation jumped, too The Washington PostThe U.S. economy shows resilience despite the war with Iran NPR
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Trump, Iran are locked in high-stakes standoff as oil prices hit 4-year high The Washington PostOil Prices Hit a New Wartime High as Iran Standoff Shows No End in Sight The New York TimesLive Updates: Iran war pushes oil prices to 4-year high as Hegseth set to face fresh round of questioning CBS NewsLive updates: US gas jumps to highest price in 6 weeks, as Trump mulls extended blockade of Iranian ports CNN
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LIV Golf announces new strategic plans, intends to continue operations after losing Saudi funding Yahoo SportsSource: Some LIV players exploring potential of PGA Tour return ESPNLIV Golf future in jeopardy after losing Saudi funding AxiosLIV Golf Announces Strategic Board Appointments and Expanded Strategy LIV GolfLIV Golf is seeking new investment after losing Saudi funding at end
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Despite strong cloud growth and a surge in Copilot adoption, Microsoft's latest results were overshadowed by an increase in AI spending.
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Microsoft slips even as Azure, AI, boost results, guidance: What Wall Street's saying (MSFT:NASDAQ) Seeking AlphaMicrosoft calls for $190 billion in 2026 capital spending on soaring memory prices CNBCMicrosoft Reports Strong Cloud Growth, but Questions About AI Returns Persist WSJWhy Microsoft Stock Just Dropped Yahoo Finance
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Former X CEO Linda Yaccarino defended the platform's cultural and advertising relevance despite steep revenue declines under Elon Musk.
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The Federal Reserve also on Wednesday left interest rates unchanged for its third straight meeting amid higher energy costs.
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Meta stock drops on capex increase while Alphabet's cloud business grows faster than rivals Amazon and Microsoft
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