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Euro routed as Warsh's Fed turns the dot plot upside down

Kevin Warsh's first meeting as Federal Reserve (Fed) Chair was billed as a quiet hold, and on the headline rate it delivered exactly that. Everything wrapped around that hold, however, was a hawkish b ...

Bank of America sees Exxon differently than oil market

Exxon Mobil (XOM) stock hasn’t been moving as much, considering the loud warnings from the oil market. The Guardian reports that Brent crude has been dropping fast as traders price in a reduction in S ...

Figma Stock Is Battered, but Citi Sees a Massive Turnaround Ahead

The design-software maker has been battered by fears of artificial intelligence disruption and a broad sector downturn. Figma shares were up 7.8% at $19.38 on Wednesday, snapping an 11-day losing str ...

Stocks Fall as Warsh Downplays Market Reaction

Stocks were lower again as Kevin Warsh didn’t seem particularly interested in the market’s reaction to his first press conference as Fed chairman. “This is a lot of change for financial markets to di ...

Stocks Remain Lower After Warsh Begins First FOMC Press Conference

Stocks remained lower after Federal Reserve Chairman Kevin Warsh began his first press conference in the role. The Nasdaq was down 0.5%. Warsh began by saying he was welcomed by fellow bankers, who ...

Gold price retreats as Fed holds rates, hawkish dots bite

Gold (XAU/USD) price declines as the Federal Reserve (Fed) keeps rates steady at 3.50% to 3.75% on Wednesday, while the Summary of Economic Projections (SEP) shows policymakers expect inflation above ...

Sector Update: Energy Stocks Lower Wednesday Afternoon

Energy stocks declined Wednesday afternoon, with the NYSE Energy Sector Index decreasing 0.8% and th

The risks of borrowing from China’s economic playbook

Western governments must ensure industrial policy does not turn into unchecked state expansion

TD Q Canadian Low Volatility ETF declares CAD 0.145 dividend

WTI stabilizes below $76 as markets assess the impact of US-Iran deal

West Texas Intermediate (WTI) trades around $75.70 on Wednesday at the time of writing, posting a loss of 0.22% on the day.

Federal Reserve holds first meeting of Kevin Warsh era

Donald Trump’s pick to lead the world’s most important central bank takes over as Iran war stokes US inflation risks

Snap breaks from the pack with heavy $2,195 smart glasses. Wall Street is panning the move.

Snap’s stock was extending its declines, as the weight of its new ultraexpensive augmented-reality glasses is seen as a potential “nonstarter for mass appeal.”