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Stock Market Today: Powell to Stay on Fed Board; Tech Giants Report Earnings — Live Updates WSJFed holds rates steady but with highest level of dissent since 1992 CNBCPowell plans to remain on Fed board when chair term ends, citing legal actions by Trump administration Anchorage Daily NewsPowell Says He Will Stay On as Fed Governor After Term as Chair Ends The New York Times
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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 lifts capital expenditure forecast, doubling down on AI push Yahoo FinanceMeta's Reality Labs lost over $4 billion in first quarter CNBCMeta beats estimates but soaring AI spending rattles investors Yahoo! Finance CanadaMeta Raises Outlook for Capital Spending in 2026; Shares Slide Bloomberg.com
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Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.
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Pete Hegseth denies Iran war is a ‘quagmire' as cost to US hits estimated $25bn The GuardianThe Iran war now has a price tag ($25 billion), but still no end date NPRDon't call it a ‘quagmire': defense secretary refuses to speculate on length of Iran war Military TimesLive Updates: Hegseth
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US stocks fall as oil prices keep spurting higher AP NewsStock Market Today: Dow off 325 points, S&P 500 and Nasdaq lower after Fed holds rates steady; oil and bond yields up as tech earnings loom MarketWatchStock market today: Dow, S&P 500, Nasdaq drop as chip stocks sink on OpenAI report, oil rises Yahoo Finance
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Johnson puts down GOP revolt that left House agenda in limbo AxiosJohnson quells House GOP revolt to advance controversial surveillance bill The Washington PostSpeaker Johnson one step closer to renewing controversial spy program after conservatives fall in line Fox NewsHouse Republicans delay farm bill vote after internal revolt Politico
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