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Trump says he had only a few people in mind to replace Powell but Bessent now says its a 'long list'
In the interview, Bessent again noted that Trump has said he is not going to fire Powell. The president reportedly openly mulled the idea of firing the Fed chair in a meeting with lawmakers last week, ...
Earnings push Fiserv's stock toward its worst year since 2008. Here's what worries Wall Street.
Clover is an important part of Fiserv's business, competing against the likes of Toast Inc. (TOST), Shift4 Payments Inc. (FOUR) and Block Inc.'s (XYZ) Square in terms of offering modern ...
Wall Street braces for more than a half-trillion dollars in net Treasury-bill issuance during third quarter
Economists at Goldman Sachs expect that net T-bill issuance of between $600 billion and $650 billion could be needed to replenish the Treasury General Account, or the government's main operating ...
Digging for Gold With ETFs
All eight ETFs are structured as grantor trusts and hold physical gold. Worth noting: The Internal Revenue Service treats ...
General Dynamics Up Over 6%, On Pace for Record High Close — Data Talk
General Dynamics Corporation (GD) is currently at $315.99, up $18.39 or 6.18% --Would be new all-time closing high (Based on available data back to Jan. 21, 1972) --Would be the first record close ...
Going Into Earnings, Is Apple Stock a Buy, a Sell, or Fairly Valued?
With steady revenue from loyal consumers and a premium electronics ecosystem, here’s what we think of Apple stock.
Home prices hit an all-time high, but some regions are seeing price declines
Intercontinental Exchange's data revealed that in June, the metropolitan areas that saw the biggest drop in annual home-price growth were Austin, Texas; Tampa, Fla.; and Miami. Home prices fell 4.3% ...
Dow Jones Top Energy Headlines at 11 AM ET: Oil Futures Move Lower Ahead of U.S. Inventory Data | GE ...
Oil futures turned lower as the boost from the U.S. trade deal with Japan wanes and traders await U.S. inventory data. GE Vernova Stock Soars on Earnings Beat. Wall Street Loves the Power Firm. The ...
UniCredit's Prospects Have Improved Dramatically
The transformation of UniCredit in two years from a perennial underperformer to one of the most profitable banks in Europe has been astounding. While the new management team has made good strategic ...
U.S. Crude Oil Stockpiles Fall More Than Expected
Commercial crude oil stocks excluding the Strategic Petroleum Reserve declined by 3.2 million barrels to 419 million barrels in the week ended July 18, and were about 9% below the five-year average ...
Ferrari On Pace for Record High Close — Data Talk
Ferrari NV (RACE) is currently at $509.38, up $8.57 or 1.71% --Would be new all-time closing high (Based on available data back to Oct. 21, 2015) --Would be the first record close since Feb. 20, 2025, ...
Trump administration eyeing a 'long list' of candidates to replace Powell, Bessent says
The White House is casting a wider net in its search for a replacement for Federal Reserve Chair Jerome Powell than is commonly thought, according to Treasury Secretary Scott Bessent.