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Powell Silence on His Future Complicates Trump Fed Chair Search
As President Donald Trump and his advisers begin weighing replacements for Federal Reserve Chair Jerome Powell, they’re running into one significant complication: It’s not clear that Powell will
US job growth expected to slow in June, unemployment rate forecast to rise
The U.S. labor market likely slowed further in June, with the unemployment rate expected to have edged up to more than a 3-1/2-year high of 4.3%, as economic uncertainty stemming from the Trump
Solar stocks’ nightmare year just got a plot twist
Related: Solar stocks sent reeling by Congress. Then came the massive policy earthquake. Senate Republicans slipped into the latest tax-and-spending bill an amendment to phase out
Asian shares mostly higher after US stocks hit another record as Tesla and Nike rally
Asian shares mostly gained on Thursday after U.S. stocks hit another all-time high. U.S. futures edged up while oil prices fell. Tokyo’s Nikkei 225 inched up 0.1% to 39,794.16. In South Korea, the
US Lifts Chip Design Curbs On China as Part of Trade Deal
The Trump administration has lifted export license requirements for chip design software sales in China, as Washington and Beijing implement a trade deal for both countries to ease recent
Shark Tank's Kevin O'Leary bluntly speaks on divorce and stupidity
In a post on Instagram, O'Leary spells out in no uncertain terms how he feels about the decision to get a divorce. "Think of the g
What To Expect From the June Jobs Report on Thursday
Key Takeaways Economists estimate that the U.S. labor market cooled in June, with the consensus forecast showing that employers likely added 110,000 jobs, down from 139,000 in May.The unemployment
Veteran analyst sets eye-popping S&P 500 target
The pause was more than welcome given his Liberation Day announcement had caused a massive risk-off move, sending the S&P 500 tumbling nearly into a bear market. The move up has b
Microsoft cuts 9K jobs in 4th round of layoffs this year
Software giant Microsoft on Wednesday said that, once again, thousands in its global workforce will be laid off across multiple levels as the company strives for a slimmer operation.
US Reaches Vietnam Trade Deal With 20% Import Tariff, Trump Says
President Donald Trump said he had reached a trade deal with Vietnam following weeks of intense diplomacy between the nations and ahead of a deadline next week that would have seen higher tariffs
S&P 500 and Nasdaq rise amid US, Vietnam trade deal
The S&P 500 and Nasdaq closed higher Wednesday as tech stocks rose and the U.S. and Vietnam reached a trade deal
Investors mobilise for weeks of market whiplash from wild-card events
By Naomi Rovnick and Lucy Raitano LONDON (Reuters) -Big investors are mobilising to trade through weeks packed with wild-card events that may shatter the calm in stock markets and drive big swings
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