The Fed on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at in a move that came a bit earlier than usual.
Category: Finance News
The case for more Fed rate cuts could rest on a ‘systemic overcount’ of jobs numbers
There are indications that policymakers will be more inclined to cut further if the labor market stays weak.
Trump administration’s new quarters feature pilgrims, ditching civil rights theme
Special quarter-dollar coin designs for the U.S.’ 250th birthday feature pilgrims and former presidents rather than previously floated civil rights themes.
VanEck turns online slang into strategy with ‘Degen Economy’ ETF
The firm is renaming its gaming ETF (BJK) the “VanEck Degen Economy ETF.”
Stocks making the biggest moves midday: Oracle, Vail Resorts, GE Vernova, Brinks, Ciena & more
These are some of the stocks posting the largest moves midday.
Art Basel Miami sees strong attendance and sales as art market recovers
More than 80,000 collectors and art fans poured into Art Basel Miami Beach, with several works selling for over $1 million.
‘Big Short’ Steve Eisman is getting worried about the AI trade
Eisman encountered a theory suggesting that as large language models continue to scale, their performance gains could begin to diminish.
U.S. has to stop taking in ‘below-average’ immigrants who won’t help economy, says Lutnick
The White House is rolling out its gold card visa.
Bessent to propose major overhaul of regulatory body created from financial crisis
In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.
Stocks making the biggest moves premarket: Oracle, Oxford Industries, Adobe, Gemini Space Station & more
These are the stocks posting the largest moves in early trading.