Trump ‘likely' will fire Fed Chair Powell ’soon,' White House official says

President Donald Trump told a room full of Republican lawmakers that he will fire Fed Chair Jerome Powell

Industry 2025-07-16 16:27

EU proposes 2 trillion euro seven-year budget hiking defense funding

“This is a budget for the realities of today, as well as the challenges of tomorrow,” European Commission President Ursula von der Leyen said.

Industry 2025-07-16 15:58

EU proposes raising defense funding in 2-trillion-euro budget

“This is a budget for the realities of today, as well as the challenges of tomorrow,” European Commission President Ursula von der Leyen said.

Industry 2025-07-16 15:58

Peter Thiel just bought a big stake in Tom Lee's ether company and the shares are surging

Bitmine Immersion Technologies recently launched an ether buying strategy and named Fundstrat’s Tom Lee chairman.

Industry 2025-07-16 14:45

Nvidia CEO Jensen Huang sells another $37 million worth of stock

Huang has unloaded 1.2 million shares, totaling about $190 million, since he started selling stock this year, according to InsiderScore.

Industry 2025-07-16 14:41

Canada\s PM wants to fast-track \nation building\ – but can he convince indigenous First Nations?

Indigenous communities have launched a legal challenge against a federal law that would fast-track resource development projects.

Industry 2025-07-16 14:28

The lock-in effect' is making it harder to buy a home—even if mortgage rates fall

A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.

Industry 2025-07-16 14:15

UK inflation hits hotter-than-expected 3.6% in June

Economists polled by Reuters had anticipated inflation would reach 3.4% in the twelve months to June.

Industry 2025-07-16 14:05

As media reckons with strategic shifts, a new crop of leaders is coming into play

In an industry that’s long been run by storied Hollywood executives, those with backgrounds in finance and dealmaking are increasingly reshaping the…

Industry 2025-07-16 13:40

5 things to know before the stock market opens Wednesday

Here are five key things investors need to know to start the trading day.

Industry 2025-07-16 13:03

Morgan Stanley earnings top estimates on increased trading revenue

The strong performance was propelled by higher client activity with notable strength in equity trading.

Industry 2025-07-16 12:36

Why defensive names and bitcoin could be solid plays over the next six months

Unlimited Funds CEO Bob Elliott and Strategas Securities’ Todd Sohn deliver their investment ideas as earnings season gets underway.

Industry 2025-07-16 12:30

Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

Investors dismissed a snag in what was expected to be a winning week for crypto regulation.

Industry 2025-07-16 12:27

Weekly mortgage demand plummets 10%, as rates and economic concerns rise

Mortgage demand dropped 10%, as new concerns over tariffs and the economy hit both investors and consumers.

Industry 2025-07-16 12:00

France flirts with cutting two public holidays to save money

France’s prime minister announced plans for spending cuts on Tuesday as the government targets around 43 billion euros’ ($50.0 billion) worth of…

Industry 2025-07-16 11:46

Trump's big beautiful bill' caps student loans. Here's what it means for borrowers

President Donald Trump’s massive tax and spending package will set new limits on how much money students can borrow for college and graduate school.

Industry 2025-07-16 11:15

Bank of America is about to report earnings – here's what to expect

Analysts expect net interest income — the difference in what banks pay depositors and what they earn on loans and investments — to have risen in the period.

Industry 2025-07-16 11:15

Treasury yields slide after cooler-than-expected wholesale inflation report

U.S. Treasury yields moved lower on Wednesday as investors reacted to positive news on the inflation front.

Industry 2025-07-16 10:45

Treasury yields inch lower as investors await more inflation data

U.S. Treasury yields moved lower on Wednesday as investors awaited more inflation data and considered the impacts of tariffs on consumer prices.

Industry 2025-07-16 10:45

Renault shares plunge 17% after French carmaker lowers guidance, appoints new interim CEO

Renault has lowered its 2025 guidance and announced the appointment of a new interim chief executive officer.

Industry 2025-07-16 08:36