According to a letter he posted to his Truth Social platform, President Donald Trump says he has fired Fed Governor Lisa Cook. Based on allegations of mortgage fraud made by Federal Housing Finance Agency Director Bill Pulte and referred to Attorney General Pam Bondi, Trump cited his authority under Article II of the Constitution as […]
Can President Trump Fire Fed Governor Lisa Cook? Read More »
KEY TAKEAWAYS IBM and AI chipmaker Advanced Micro Devices said Tuesday they were teaming up to develop “quantum-centric supercomputing.” In June, IBM showcased what it called a “viable path” to building the world’s first large-scale, “fault-tolerant” quantum computer by the end of the decade. AMD shares are rising in premarket trading and have gained 35% so
IBM, AMD Partner on Quantum-Centric Supercomputing Read More »
One of the titan’s most recent financial moves is making investors wonder. By agreeing to backstop leases at a New York data center campus run by TeraWulf (WULF -2.73%), Alphabet (GOOG 1.29%) (GOOGL 1.27%) picked up some stock warrants that could translate into a meaningful equity stake in a company that mines Bitcoin (BTC -0.75%). The
Could Alphabet Be About to Start Mining Bitcoin? Read More »
President Donald Trump said he has removed Federal Reserve Governor Lisa Cook from her position, intensifying his aggressive stance toward the central bank. “You are hereby removed from your position on the Board of Governors of the Federal Reserve, effective immediately,” Trump wrote in a letter to Cook he posted Monday evening on Truth Social.
Trump Says Fed’s Lisa Cook Is Out ‘Effective Immediately’ Read More »
It’s been below its previous high for longer than investors would have liked. On Dec. 31, 2021, shares of Domino’s Pizza (DPZ 2.14%) closed at an all-time high of $564.33 per share. And investors were undoubtedly thrilled. After all, anyone who invested $10,000 just five years earlier had seen the value climb to over $35,000
What Is the Highest Domino’s Pizza Stock Has Ever Been? Read More »
Sri Lanka rolls the dice on casinos to power post-crisis tourism boom
Sri Lanka rolls the dice on casinos to power post-crisis tourism boom Read More »
Key Takeaways The S&P 500 fell 0.4% on Monday, Aug. 25, 2025, ahead of this week’s highly anticipated earnings results from Nvidia and an update on the Federal Reserve’s favored measure of inflation. Keurig Dr Pepper stock tumbled after the company announced it would buy the parent of Peet’s Coffee and then separate its coffee
Index Pulls Back After Friday’s Fed-Fueled Rally Read More »
Palantir (PLTR -0.98%) stock saw another pullback in Monday’s trading. The company’s share price closed out the daily session down 1% but had been down as much as 5.9% shortly before 10 a.m. ET. The S&P 500 (^GSPC -0.43%) ended the day down 0.4%, and the Nasdaq Composite (^IXIC -0.22%) was down 0.2%. While there
Palantir Slipped Today — Is the Artificial Intelligence (AI) Stock a Buy Right Now? Read More »
Investors, traders and speculators stepped back after a furious rally triggered by Federal Reserve Chair Jerome Powell’s dovish speech at the Jackson Hole Economic Symposium. With the direction of interest rates seemingly settled, attention has turned to the biggest stock ever by market capitalization and the most important company on the planet amid a still-expanding
Stocks Struggle to Start Nvidia Week: Stock Market Today Read More »
Key Takeaways Inflation likely stayed too hot for comfort in July, according to economists’ expectations of the Federal Reserve’s preferred measure. “Core” inflation, which excludes volatile prices for food and energy, likely rose to 2.9% over the last 12 months, up from 2.8% in June. President Donald Trump’s far-reaching campaign of tariffs is raising prices
What To Expect From Friday’s Report On Inflation Read More »