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Fed's Bowman Picks Staff From Goldman, Davis Polk and BPI, Bloomberg News Reports
FILE PHOTO: Federal Reserve Board Governor Michelle Bowman, President Donald Trump's nominee to be Federal Reserve vice chair ...
US Treasury Secretary Urges Congress to Raise Debt Limit by Mid-July
(Reuters) - U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal government's debt limit by ...
S&P Affirms Israel's Credit Ratings Amid Heightened Security Risks, Economic Uncertainty
(Reuters) -S&P Global affirmed Israel's long- and short-term foreign and local currency sovereign credit ratings at "A/A-1" ...
Trump Says US Will Maintain 10% Tariffs Even After Trade Deals
WASHINGTON (Reuters) -President Donald Trump said on Friday that the U.S. will maintain a baseline 10% tariff on imports even ...
Bain Capital to Buy PCI Pharma at $10 Billion Valuation, Bloomberg News Reports
(Reuters) -Bain Capital is in talks to buy contract drug manufacturer PCI Pharma Services at a valuation of $10 billion, ...
Exclusive-Fed’s Hammack Wants Clear Data Before Moving on Rates, Not Much Data by June
"There's not a lot of data between now and June," when the Fed next meets to set interest rates, she said in an interview on the sidelines of a monetary policy conference at Stanford University's ...
Trading Day: All Eyes on 'Geneva Convention'
All eyes now turn to Geneva, where a U.S. delegation led by Treasury Secretary Scott Bessent will sit down for trade talks with a Chinese team led by economic tsar He Lifeng. Monday's markets could be ...
Nippon Steel Exec Headed to Washington Next Week in Push for US Steel Deal, Source Says
(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval of its $15 billion bid for U.S. Steel, a person familiar with the matter said ...
Trump to Allow Commercial Fishing in New England Marine Monument
Trump opened the monument to fishing during his first term in 2020, but that was reversed by former President Joe Biden in 2021. The decision supports fishing communities, economic activity and jobs, ...
US Department of Labor Drops Investigation Into Scale AI, TechCrunch Reports
(Reuters) -The U.S. Department of Labor stopped its investigation into Scale AI's compliance with the Fair Labor Standards Act, TechCrunch reported on Friday, citing a source directly familiar with ...
11 Top Sector ETFs to Buy
As a result, sector ETFs have been increasingly popular among those who want to get a bit more tactical with their assets. Sign up for stock news with our Invested newsletter. There is admittedly more ...
Ex Fed's Warsh Highlights a Path to Lower Rates, Takes a Fresh Dig at the Fed
A large and often growing Fed balance sheet can work at cross-purposes with the Fed's main policy lever of setting short-term borrowing rates, Warsh told a monetary policy panel at Stanford University ...