Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell
President Trump named Kevin Warsh to succeed Jerome Powell as Fed chair, ending an odyssey that has seen unprecedented turmoil…
Economy
Microsoft stock drops 7% on slowing cloud growth, light margin guidance
Microsoft’s finances look more favorable after OpenAI completed a restructuring. But computing capacity and talent are cutting into Microsoft's margin.…
Why Nvidia’s AI boom couldn’t happen without Dutch chip equipment maker ASML
ASML is the only company in the world that makes extreme ultraviolet lithography machines, which are crucial for manufacturing advanced…
China and the UK are attempting to reset their relationship — here’s how
U.K. Prime Minister Sir Keir Starmer said he hopes to build "more sophisticated" ties with China as the two nations…
Dollar suffers worst one-day slide since last April after Trump says currency hasn’t fallen too low
The dollar dropped about 1.3% on Tuesday. ...
Homebuyers are backing out of deals at the fastest pace in nearly a decade
More than 16% of signed contracts on homes in December were canceled, as consumers face continued uncertainty in the economy…
The Fed releases its latest interest rate decision Wednesday. Here’s what to expect
This week's meeting offers little suspense and probably not much action, even as massive changes loom over the Fed's longer-term…
Trump sends Tom Homan to Minnesota to manage ICE after Alex Pretti killing
The killing of ICU nurse Alex Pretti by federal agents in Minneapolis, like the fatal shooting of Renee Good by…
CoreWeave stock jumps 12% as Nvidia invests $2 billion to expand AI data center capacity
Nvidia purchased CoreWeave Class A common stock at $87.20 per share. ...