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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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Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
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Oil futures fall Thursday, reversing direction after reaching a four-year high on a report that President Donald Trump is considering escalating the war in Iran.
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2 winning Powerball tickets hit jackpot worth $143 million, dozens of others win $2 million and $1 million: See where all the lucky tickets were sold WKYCIn a wild night of Powerball, 91 tickets win at least $1 million Detroit Free Press18 people in N.J. just won at least $1M each during wild night for Powerball drawing NJ.com
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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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The longer the disruption to Middle East fuel supplies lasts, the risk grows that higher energy costs will feed into broader inflation that could dent economic growth.
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Blue Owl said it's made 10 times its investment in SpaceX, which is headed for a record IPO later this year.
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Mali's junta asked Russians to bring order. Militants just stormed in. The Washington PostRussian paramilitary carried out air strikes in Mali as rebels advanced, footage shows BBCJihadists Are on the Brink of an African Caliphate WSJHow Russia lost its way in the Sahara Financial TimesKremlin says Russian forces will stay in Mali 'to fight extremism' Reuters
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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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Take part in an Ask an Expert Q&A with John Foley and Sujeet Indap of the FT's Lex column, now
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Justice Department indicts Mexican governor on drug charges The Washington PostU.S. Indictment Accuses Mexican Governor of Conspiring With Sinaloa Cartel The New York TimesMexico will extradite officials to U.S. only if given "irrefutable evidence" of cartel links, president says CBS NewsSheinbaum says Mexico will investigate US indictment alleging Sinaloa Cartel ties AP News
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LIV Golf reportedly loses Saudi funding as tour's future looks murky AxiosSaudi Arabia Pulls Funding From LIV Golf. Its Star Players Face a Painful Road Back. WSJSource: Some LIV players exploring potential of PGA Tour return ESPNLIV Golf postpones New Orleans event as state seeks return of $1.2m incentive funds The GuardianLIV to tell players, staff on Thursday about PIF funding cutoff: Report Golf Channel
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OpenAI really really really wants GPT 5.5 to stop randomly talking about gremlins and goblins Business InsiderWhere the goblins came from OpenAI'The Goblins Came Back to Haunt Us': OpenAI Explains How ChatGPT's 'Nerdy' Personality Got Out of Control GizmodoOpenAI tells ChatGPT models to stop talking about goblins BBCOpenAI Really Wants Codex to Shut Up About Goblins WIRED
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OpenAI blames ‘nerdy personality' for ChatGPT obsession with goblins NBC NewsWhere the goblins came from OpenAIOpenAI Really Wants Codex to Shut Up About Goblins WIREDOpenAI Explains Its Goblin and Gremlin Infestation Business InsiderOpenAI tells ChatGPT models to stop talking about goblins BBC
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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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Brent crude hit new conflict high as blockade of Strait of Hormuz continues before dropping in wildly volatile trading
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Meta is increasing spending faster than revenue, and some on Wall Street aren't sure that the company's investments will pay off.
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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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Wall Street is already looking beyond Big Tech quarterly results.
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Sales of Mounjaro and Zepbound both beat expectations
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Europe's powerful Ariane 6 rocket launches 32 Amazon internet satellites to orbit SpaceAnother one: Ariane 6 flies with four boosters once more European Space AgencyAsk the Meteorologist: When, where you should look for Monday's Atlas V rocket launch? WRALFlorida rocket launch may be visible along East Coast states. See map Florida Today
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Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed.
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A key measure of inflation used by the Federal Reserve to set interest rates posted the biggest increase in March in almost three years, marking another major hurdle for a resilient but harried U.S. economy.
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Growth in headline figure obscures worse than expected $700mn increase in fee-paying assets
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Italian alternative investment major Clessidra's private equity arm has beaten its target for a new fund targeting the country's agrifood sector, with total commitments of more than €150m.
The post Clessidra clears €150m target at final close of Italy-focused agrifood fund appeared first on AltAssets Private Equity News.
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European Central Bank keeps rates on hold in the face of inflation threat CNBCRising Fuel Prices Force Policymakers to Weigh Excruciating Choices The New York TimesECB keeps rates unchanged after debating possible hike ReutersMonetary policy decisions European Central BankLagarde Signals ECB to Consider June Hike After Latest Hold Blo
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YouTube's Picture-In-Picture Mode Is Rolling Out To All Users Worldwide EngadgetYouTube starts rolling out free picture-in-picture (PiP) globally on Android, iOS 9to5GoogleYouTube Bringing Free Picture-in-Picture to iPhone Users Outside the U.S. MacRumorsYouTube Gives Everyone One of Its Best Features for Free Droid Life
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Central banks await further evidence of persistent inflation stemming from Middle East war
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Hegseth spars with lawmakers as Iran war's price tag hits $25 billion The Washington PostTakeaways From Hegseth's Testimony on Iran War and His Tenure The New York TimesHegseth faces further grilling over Iran war strategy and costs - US politics live The GuardianSix takeaways from Hegseth's first hearing since Iran war started The Hill
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Powell to remain as Fed governor, denying Trump a key vacancy AxiosFed holds rates steady but with highest level of dissent since 1992 CNBC‘They left me no choice': Powell isn't going anywhere—blocking Trump from another Fed appointee FortuneThe Fed will have a new leader, but Powell isn't leaving and that puts Trump's low interest rates on ice The Boston Globe
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Robinhood and other retail trading platforms have seen bitcoin trading volumes tumble.
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Weak investor demand hits hedge fund chief's scaled-back double offering
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Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that the Supreme Court later struck down.
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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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Aside from earnings and any changes to the automaker's 2026 guidance, investors will be monitoring effects from the Iran war, tariffs and the pullback in EVs.
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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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Phillies announce Game 1 starting pitcher for doubleheader against Giants; Game 2 starter TBA Phillies NationGAME 1 Gamethread 4/30: Phillies vs Giants Yahoo SportsWhere to watch San Francisco Giants vs Philadelphia Phillies: TV channel, start time, streaming for April 30 USA TodayGiants-Phillies game postponed, split doubleheader on Thursday MLB.com
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Elon Musk takes the stand again Wednesday as a witness in his suit against ChatGPT maker OpenAI.
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Credit investor Silver Rock Capital Partners has raised more than $4bn of investable capital for the latest vintage of its Tactical Allocation strategy.
The post Silver Rock Capital, born from Michael Milken's family office, raises $4bn for credit investing appeared first on AltAssets Private Equity News.
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