Trump’s Fed Criticism Sparks Investor Concerns The recent spotlight on Trump’s Fed Criticism has sparked unease among investors and financial analysts alike. President Donald Trump’s repeated public attacks on Federal Reserve Chair Jerome Powell have amplified concerns over the central bank’s independence. As a result, markets
Oil Prices Rebound After Trump’s Criticism of Fed Chair Powell On April 22, 2025, oil prices rebound experienced a modest rebound following a significant drop the previous day. The initial decline was triggered by President Donald Trump’s renewed criticism of Federal Reserve Chair Jerome Powell, which
Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s three major networks. The Federal Communications Commission said Thursday that it had approved the acquisition,
Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The provider of software and data analytics technology to defense agencies saw its stock rise about 3% on Friday to another record, lifting the company’s
Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South Korean firm and Tesla CEO Elon Musk’s posts on X. The memory chipmaker, which had not named the counterparty, mentioned in its
After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a longtime aerospace executive and an engineer whom the manufacturer plucked from retirement to fix the problem-addled company last year, is set this week
July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create the country’s first coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the U.S. If approved, the deal
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside. How much longer can this last? That’s been the biggest question since
After spiking above US$20,000 per metric ton in May 2024, nickel prices have experienced a downward trend, mainly remaining in the US$15,000 to US$16,000 range. Indonesia’s elevated production levels have been a primary factor contributing to low commodity prices, as sustained high output continues to oversupply
‘The uranium story itself is finally getting better… the near perfect storm is here.’ he said, noting that all the factors that should drive electrical demand higher are merging, particularly electrification and AI data center needs. ‘I don’t think uranium has to go to US$200