News

Fog of trade war hangs over economy, but the Fed still has to make a forecast. Here’s what it’s facing.
Is inflation going to speed up again? Are businesses going to stop hiring? Are people going to cut spending? So many ...
‘Dead on arrival:’ GOP war over SALT cap breaks out, threatening Trump tax bill
A fresh Republican rift over taxes burst into public view Monday, as New York House Republicans slammed Senate GOP leaders ...
U.S. Governors, Canada Provinces Press for Bilateral Trade Deal at G-7 Summit
OTTAWA--The governors of U.S. northeast states and Canadian provincial premiers urged the leaders of their two countries to quickly hammer out a deal while at the Group of Seven leaders' summit in ...
EchoStar stock skyrockets on report Trump got involved in its FCC dispute
EchoStar’s stock was having its best day in 17 years after a report that President Trump has tried end the dispute between ...
Why the Israel-Iran hostilities matter for the Fed's policy decision
Investors are closely watching the latest updates in the hostilities between Israel and Iran to gauge how the situation might affect oil prices, as a rise in crude could put more pressure on inflation ...
Treasury's 20-year-bond auction is met with above-average non-dealer bidding
Monday afternoon's $13 billion sale of 20-year Treasury bonds produced solid demand from non-dealers, the latest sign that buying interest in U.S. government debt continues to hold up. The 20-year ...
U.S. stocks were historically resilient to geopolitical events — except in this scenario
U.S. stocks have historically been resilient to geopolitical events, as equities on average traded up in the three months following 60% of the major events since 1940, according to strategists at HSBC ...
Magnite Shares Climb on Spillover Perks From Roku-Amazon Deal
Shares of Magnite jumped after its business partner Roku signed an advertising deal with Amazon.com that could boost Magnite's volumes. Roku stock was up 6.2% at $18.16 in afternoon trading. Shares ...
MGM Resorts International Shares Rise After BetMGM Boosts Full-Year Guidance
BetMGM, which is co-owned by MGM Resorts International and Entain, said earlier Monday that it now expects net revenue of at least $2.6 billion this year, up from the previous guidance range of $2.4 ...
Here’s why drone maker Airo’s stock is still hot, despite weak demand for the IPO
Airo’s stock soared for a second straight day, even though the unprofitable drone maker’s IPO priced well below the expected ...
U.S. stocks maintain gains after report says Iran denies seeking end to hostilities
U.S. stocks remained higher but off session highs on Monday, after a reporter at Al Jazeera said on X that a senior Iranian official and a regional diplomat denied categorically any Iranian signal to ...
Vuzix Stock Rises on $5M Investment from Quanta Computer
Shares of Vuzix rose after the supplier of smart glasses and augmented reality technologies said it received a $5 million second tranche investment from Quanta Computer. The stock climbed 9.5% to ...