Business
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White House: Trump Hasn’t Decided on Replacing Fed Chair Powell—Yet
The White House says President Trump has not decided on replacing Federal Reserve Chair Jerome Powell. Still, markets are reacting…
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Vasi Philomin Exits AWS, Leaving a Leadership Gap in Amazon’s AI Push
Vasi Philomin, the executive who shaped Amazon’s foundational AI tools, has left AWS after eight years. His exit comes as…
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Barclays, Jes Staley to Face U.S. Investors Over Epstein Disclosures
A Los Angeles federal court has allowed a U.S. shareholder lawsuit to move forward against Barclays and ex-CEO Jes Staley.…
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Walgreens Beats Q3 Estimates as Sycamore Takeover Nears
Walgreens posted stronger-than-expected earnings in Q3, driven by pharmacy growth and aggressive cost cutting. As the $10B Sycamore deal approaches,…
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SPY Inches Higher As Dollar Sinks and Fed Credibility Comes Under Fire
The SPDR S&P 500 ETF (SPY) continued its climb Thursday, but under the surface, markets are shifting fast. A weakening…
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Kraken Enters Payments Arena with Krak, Aiming at PayPal and Venmo
Kraken’s new peer-to-peer app Krak is live in over 110 countries, offering borderless payments, crypto rewards, and future lending features…
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Stocks Hover Near Records as Fed Bets, Tech Giants Fuel Quiet Rally
The S&P 500 and Nasdaq-100 inch toward all-time highs, powered by Fed rate-cut speculation, surging AI-chip earnings, and easing geopolitical…
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Shell Shuts Down BP Merger Buzz: “No Talks Are Taking Place”
Shell has firmly denied reports it’s pursuing a blockbuster acquisition of BP, calling the claims market speculation and reiterating that…
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Powell Pushes Back on Fed Renovation Criticism, Says $2.5B Project Is Infrastructure, Not Luxury
Federal Reserve Chair Jerome Powell dismissed claims of lavish spending on the central bank’s $2.5 billion headquarters renovation, telling lawmakers…
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Wall Street Stalls as Nasdaq Hits Record on Ceasefire Hopes, Powell Stays Cautious
Markets teetered Tuesday as the Nasdaq hit an intraday high on easing Middle East tensions, while Fed Chair Jerome Powell…
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