Though most Fed chairs in the past have left after being replaced, Powell has demurred on what he plans to do.

It’s Tax Day, and all income groups have seen their chances of getting audited decline in recent years, but the highest earners have seen the largest declines. CNBC’s Robert Frank joins ‘Squawk Box’ to with more.

Morgan Stanley’s results in the quarter were powered by the firm’s fixed income and equities trading operations, which produced about $8.5 billion in revenue.

These are the stocks posting the largest moves premarket.

Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.

Hermes said wholesale activity was “significantly affected” in the first quarter by lower sales to concession stores, particularly in the Middle East and in airports.

Ride-hailing company Didi plans to begin its first overseas robotaxi test in the United Arab Emirates later this year.

The White House has been signaling a diplomatic solution to the conflict in the Middle East, as discussions around continuing negotiations with Tehran are underway.

The investment bank said volumes will reach an estimated $240 billion in 2026 and grow at a 80% compound annual rate between 2025 and 2030.

The remarks show how a technology welcomed by corporations as a productivity boon can also pose serious threats, like uncovering new ways to hack into systems.