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Wall Street falls as tech earnings spark AI spending worries and oil hits $100
Wall Street indexes fell as tech earnings from Alphabet and Tesla raised AI spending concerns and oil prices surged above $100 amid Middle East tensions.
US weekly jobless claims plunge to lowest since 1969
US weekly jobless claims dropped to the lowest level since 1969, signaling stability in the labor market amid inflation concerns for the Federal Reserve.
Fed rate-hike voices swell before July decision, rates still seen on hold
Cleveland Fed President Beth Hammack calls for interest rate hikes to combat persistent inflation ahead of the Fed's July meeting.
Wall Street ends higher on cool inflation data, strong earnings
Federal Reserve Governor Lisa Cook signals readiness to act if inflation fails to slow, citing risks from ai investment and geopolitical tensions.
Fed’s Cook says she is prepared to act soon if inflation does not begin to slow
Federal Reserve Governor Lisa Cook says she is ready to act if inflation does not begin to slow soon amid risks from ai investment and tariffs.
S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
The s&p 500 and nasdaq advanced after cooler inflation data and solid earnings from major U.S. banks boosted market confidence amid geopolitical tensions.
Fed chief Warsh vows to ‘do my job’ if challenged by Trump
Federal Reserve Chairman Kevin Warsh pledges to maintain Fed independence and focus on inflation control despite pressure from President Donald Trump.
Fed’s Waller says rate hike may be needed if core inflation stays hot
Federal Reserve Governor Christopher Waller warns of a possible near-term rate hike if core inflation remains above the 2% target amid rising price pressures.
Fed’s Warsh taps broad group of Fed outsiders to oversee review
Five task forces will review the U.S. central bank's operations, including impact of artificial intelligence.
Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
Wall Street closed mixed with Nasdaq down on tech megacap losses despite strong chip sector gains from Micron and Qualcomm amid inflation concerns.
Trump cancels signing of bipartisan US housing bill
U.S. President Donald Trump canceled the signing of bipartisan legislation aimed at speeding up affordable housing construction amid national emergency claims.
Wall Street closes lower on Fed rate hike bets
Wall Street closed lower as traders bet on Federal Reserve rate hikes after Fed Chair Kevin Warsh emphasized inflation control and policy shifts.
