Finance
Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’
President Donald Trump said Wednesday he is nearing the end of a search to replace Federal Reserve Chair Jerome Powell...
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Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’
Rick Rieder, BlackRock's senior managing director, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023.Adam...
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There’s a new idea of alpha in the market that big money managers are pursuing
Stock pickers have long sought to beat the market, and most continue to fail, with the rate of underperformance of...
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Wall Street braced for a private credit meltdown. The risk of one is rising
The sudden collapse last fall of a string of American companies backed by private credit has thrust a fast-growing and...
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Sen. Warren blasts CFPB director for undermining Trump’s credit card affordability push
U.S. Senator Elizabeth Warren (D-MA) and Director of the United States Office of Management and Budget, Russell Vought.Kevin Mohatt |...
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Nvidia’s Huang to visit China as AI chip sales stall
Nvidia founder and CEO Jensen Huang (R) speaks next to BlackRock chairman and WEF co-chairman Larry Fink during the World...
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Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal
Brex co-founders Pedro Franceschi and Henrique Dubugras.BrexCapital One said Thursday that it was acquiring payments startup Brex for $5.15 billion,...
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Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his...
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Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, Oct....
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Jerome Powell could stay at the Fed even after being removed as chair. Here’s what that means
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal...
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