The former Fed Chair explained that the central bank’s announcements of its monetary policy decisions are accompanied by relatively little economic context or explanation other than what emerges from the chair’s comments and the press conference.
Wall Street fought for a fifth consecutive day of gains on Friday, with major indexes edging slightly higher by midday in New York as investors continued to digest the week's significant trade breakthroughs and recalibrate their economic expectations.
CEO Mike Novogratz said the prolonged SEC scrutiny significantly increased Galaxy’s audit costs, noting they were well above those paid by traditional firms like Jefferies.
The U.S. President stated that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will send letters indicating what their trade partners will pay to do business in the United States.
Bitcoin (CRYPTO: BTC) treasury companies like Michael Saylor‘s Strategy Inc. (NASDAQ:MSTR) (formerly MicroStrategy) were in focus as Brett Winton, the chief futurist at ARK In
The combined entity, which will change its name to Cox Communications within one year of the deal's closing, will assume Cox's approximately $12 billion in outstanding debt.
The full impact of tariffs — including shifts in consumer buying habits and pressure on corporate balance sheets — is expected to unfold gradually over several months.
CEO Gary Dickerson said the company is well positioned at major technology inflections in fast-growing market areas, which supports its multi-year growth trajectory.
China is viewed as more favorable than the United States by residents of other countries around the world for the first time since survey tracking began in 2020.
U.S. stocks traded mixed Thursday, with major indices posting timid midday gains as investors digested fresh economic data revealing signs of consumer strain and disinflationary pressure stemming from April's tariff escalation.
T-Mobile and Palo Alto Networks launch a joint 5G security solution for enterprises and government, combining Zero Trust architecture with embedded network safeguards to protect data.
Federal Reserve Chair Jerome Powell said the economic environment has changed significantly since 2020, and the current framework review will reflect policymakers’ assessment of those changes.
