News
Jamie Dimon Eyes Defense Investments
5+ hour, 58+ min ago (431+ words) By Charlie Mc Carthy "|" Tuesday, 30 June 2026 10: 32 AM EDT JPMorgan Chase CEO Jamie Dimon reportedly wants to invest bank dollars in companies critical to national security. Dimon is spearheading a strategy that would have JPMorgan invest billions of dollars of the…...
Trump Urges Gas Retailers to Cut Prices, Warns of 'Big Problems"
20+ hour, 26+ min ago (353+ words) By Newsmax Wires "|" Monday, 29 June 2026 08: 04 PM EDT President Donald Trump on Monday called on gasoline retailers to immediately lower prices, arguing that declining crude oil prices should be reflected at the pump for American consumers. In a Truth Social post,…...
Supreme Court, ECB to Shape Fed Chief Warsh's Early Tenure
3+ day, 7+ hour ago (207+ words) Saturday, 27 June 2026 09: 04 AM EDT Warsh's approach to his job may help him somewhat in managing Trump's expectations. The new Fed chief has said he plans to avoid as much as possible any talk or "forward guidance" about whether the policy…...
Wall Street Ends Mixed; Chips Tumble, Moderna Rallies
4+ day, 11+ min ago (464+ words) Noel Randewich and Joel Jose Friday, 26 June 2026 04: 19 PM EDT Wall Street ended mixed'Friday, with a steep drop in AI-related chip stocks and sharp gains in Moderna and other healthcare stocks. The PHLX chip index tumbled, underscoring recent volatility among AI-related…...
Fed Chair Warsh Taps Veteran Staff Economists as Advisers
4+ day, 6+ hour ago (417+ words) Howard Schneider Friday, 26 June 2026 10: 12 AM EDT Federal Reserve Chairman Kevin Warsh has tapped veteran Fed staff economists Daniel Covitz and Eric Engstrom to serve as advisers, experts whose recent work included a critical look at the Fed's Summary of "Economic…...
What Central Banks' Gold Buying Means for Your Portfolio
6+ day, 2+ hour ago (1009+ words) Markets move quickly when headlines change. A ceasefire, a Federal Reserve statement, or a new inflation report can push gold up or down in a matter of hours. Central banks move on a different timeline. Their decisions are built around…...
Warsh Signals Leaner, Inflation-Focused Fed
1+ week, 4+ day ago (670+ words) Howard Schneider Friday, 19 June 2026 07: 27 AM EDT Federal Reserve Chairman Kevin Warsh put his stamp on "the job fast this week at a debut policy meeting that produced a return to stripped-down, 1990s-style central banking, before this century's crises put the…...
Central Banks Pull Gold Home as Geopolitical Risks Rise
1+ week, 6+ day ago (583+ words) By Newsmax Wires "|" Wednesday, 17 June 2026 12: 09 PM EDT Central banks around the world are increasingly moving gold reserves out of vaults in New York and London and bringing them back home, the Financial Times reports. This reflects growing concerns about geopolitical…...
Labor Dept Warns States on Unemployment Fraud
1+ week, 6+ day ago (430+ words) By Charlie Mc Carthy "|" Wednesday, 17 June 2026 10: 52 AM EDT Acting Labor Secretary Keith Sonderling has warned all U. S. states they risk losing federal funding for unemployment insurance benefits if they don't comply with anti-fraud efforts. In a sweeping crackdown on waste, fraud,…...
CNBC Survey: Warsh Expected to Hold Rates Steady
2+ week, 5+ hour ago (570+ words) By Theodore Bunker "|" Tuesday, 16 June 2026 11: 20 AM EDT Federal Reserve Chairman Kevin Warsh is expected to leave interest rates unchanged at his first policy meeting this week, according to a new CNBC Fed Survey, as central bank officials confront persistent inflation…...