US Senate confirms Kevin Warsh to Fed Board
The US Senate on Tuesday confirmed Kevin Warsh to a 14-year term as a governor at the Federal Reserve. This…
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Moderna stock soars as hantavirus fears spark outbreak trade
Moderna shares surged on Monday as investors rushed into vaccine and biotech stocks following reports of a hantavirus outbreak linked…
Private credit returns weaken as loan distress deepens, MSCI finds
Private credit funds have marked down more than a tenth of their loans by at least 50%, according to new…
Why Nvidia stock is beating the broader market today
Nvidia (NVDA) stock rose in early trading Monday as investors positioned ahead of the chipmaker’s upcoming earnings report, with shares…
US inflation rises to 3.8%, highest since May 2023, as energy prices surge
US consumer inflation accelerated to 3.8% in April, marking its highest annual increase since May, 2023 as rising energy prices…
Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss
Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss…
The Onion’s bid to take over Alex Jones’ Infowars is in limbo as new court battles emerge
AUSTIN, Texas — The Onion’s plan to take over the Infowars platforms that Alex Jones built into a bullhorn of…
Big Tech earnings test record stock market rally as AI spending takes center stage
Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday…