Fed
The Federal Reserve’s latest stress tests show that the largest US banks could withstand a severe recession with plenty of capital on hand to absorb hundreds of billions in losses. This year the Fed’s regulatory exam applied to 22 banks with assets of more than $100 billion, a group that included Wall Street giants such […]
Circle’s (CRCL) massive rally shows no signs of cooling. The stablecoin issuer soared as much as 15% in early trading on Friday, extending its stunning post-IPO surge as Wall Street bets big on crypto’s next major disruptor. “Circle as a top-tier crypto ‘disruptor’ with a sizeable future opportunity,” Seaport . . .
Circle’s (CRCL) massive rally shows no signs of cooling. The stablecoin issuer soared as much as 15% in early trading on Friday, extending its stunning post-IPO surge as Wall Street bets big on crypto’s next major disruptor. “Circle as a top-tier crypto ‘disruptor’ with a sizeable future opportunity,” Seaport . . .
US stocks wavered on Wednesday as investors digested a softer-than-expected inflation reading and assessed a US-China plan to salvage their trade truce. The Dow Jones Industrial Average (^DJI) rose about 0.3%, or 150 points, while the S&P 500 (
A trader works on the floor of the New York Stock Exchange at the opening bell on May 19, 2025. Timothy A. Clary | Afp | Getty Images U.S. Treasury yields slipped early Tuesday after the U.S. Federal Reserve signaled just one rate cut in 2025. The 30-year Treasury yield slipped almost 3 basis points […]
Walmart (WMT) joins rocker Bruce Springsteen and pop music icon Taylor Swift as getting a
Disney (DIS) just revealed plans for a new theme park in the Middle East. The media and entertainment giant said Wednesday that the new theme park and resort would be located in Abu Dhabi, United Arab Emirates (UAE), marking its first major expansion into the Middle East and its seventh global resort. This announcement comes […]
Yahoo Finance’s Jennifer Schonberger reports: The Federal Reserve is widely expected to hold interest rates steady at the conclusion of its policy meeting Wednesday, but the path forward
US President Donald Trump says he has “no intention of firing” Jerome Powell after repeatedly criticising the head of the Federal Reserve. But he added that he would like Powell to be “a little more active” when it comes to cutting interest rates. Speaking in the Oval Office on Tuesday, Trump also said he is […]
Asian markets fell slightly on open and wavered around the flatline as Trump continues to rail against Jerome Powell and the Federal Reserve, weakening faith in US assets and leading to a broad sell-off. Japan’s Nikkei 225 (^N225) and Topix (