Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images The Senate Banking Committee will hold a nomination hearing on April 16 for Kevin…
The stock market finally lifted higher this week, buoyed by optimism that the Iran war would end sooner rather than later. The S & P 500 and Nasdaq Composite both snapped their five-week losing streaks Thursday during the holiday-shortened trading week. The broad-market index rose 3.4% and the tech-heavy gauge advanced 4.4%. The Dow Jones Industrial…
Talk about a confusing and frustrating market. Following two days of gains fueled by optimism on an Iran war resolution, Wall Street went back in sell-off mode Thursday morning after President Donald Trump’s primetime address was filled with escalatory rhetoric. That sent oil prices higher and stocks lower to start the day — the inverse…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Indian markets have been rattled by the Iran war, with foreign investors fleeing and valuations slipping to rare lows. But fund managers…
Avishek Das | Lightrocket | Getty Images Mutual fund giant Franklin Templeton has agreed to buy a small crypto investment firm, 250 Digital, which will join its newly established Franklin Crypto unit, as the firm deepens its digital assets push. By bringing 250 in-house, Franklin Templeton hopes to be able to increase its actively managed…
Want to know how the market will react when the U.S.-Iran war finally ends? CNBC’s Jim Cramer said Tuesday’s session gives investors the answer. The “Mad Money” host said that the market “tipped its hand” during Tuesday trading as stocks finally rallied and rates went lower, describing the day as “a dry run of what…
U.S. Secretary of Defense Pete Hegseth holds a briefing with Chairman of the Joint Chiefs of Staff General Dan Caine, amid the U.S.-Israeli war on Iran, at the Pentagon in Washington, D.C., U.S., March 19, 2026. Evan Vucci | Reuters A broker for U.S. Defense Secretary Pete Hegseth sought to make a large investment in…
The U.S. Department of Labor headquarters building in Washington, June 21, 2024. J. David Ake | Getty Images News | Getty Images A rule that aimed to raise investment-advice protections for retirement savers has died in court — now, effectively, for the second time. Some legal experts said the outcome could lead unwary retirement investors…
Wall Street, Manhattan, New York. Andrey Denisyuk | Moment | Getty Images Wall Street banks may finally be getting a long-awaited opening to claw back market share from private credit lenders. After a decade in which private credit lenders grew rapidly and took over a large share of financing for leveraged buyouts, signs of strain…
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of the Senate Banking, Housing, and Urban Affairs Committee, during a hearing in Washington, DC, US, on Thursday, March 26, 2026. Aaron Schwartz | Bloomberg | Getty Images Sen. Elizabeth Warren sent a blistering letter to Federal Reserve chair nominee Kevin Warsh on Thursday, predicting…
