Powell sees tariffs raising inflation and says Fed will wait before further rate moves Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced Wednesday
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Watch Fed Chair Jerome Powell speak live on interest rates and tariffs Federal Reserve Chair Jerome Powell speaks Friday to the Society for Advancing Business Editing and Writing conference in Arlington, Virginia.
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Traders betting Fed will cut rates at least 4 times this year to bail out... Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4.50% where it is currently.
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Actively managed ETFs hit $1 trillion milestone: Why tariff uncertainty may spark more growth The actively managed ETF industry is now roughly the market cap of Berkshire Hathaway — and one expert thinks trade risks could boost interest even higher.
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China's cities may see 'flying taxis' as soon as three years, aviation company Ehang predicts Flying taxis will become a viable transportation method in China, according to a senior executive at Ehang, in another show of Chinese tech innovation.
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China’s response to new U.S. tariffs will likely focus more on stimulus, building trade ties China's reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, analysts said.
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Trump says tariffs coming in April will 'probably be more lenient than reciprocal' The comments come as investors worry that a more severe approach signaled by the Trump administration would dampen sentiment enough to slow down the economy.
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DeepSeek AI excitement spills over to Hong Kong's IPO market Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.
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Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump's tariffs "The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said.
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Conservative cable channel Newsmax shares plunge 77% after a dizzying 2-day surge The stock tumbled a whopping 77% Wednesday, following a 2,230% surge in Newsmax's first two days of trading after debuting on the New York Stock Exchange.
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Tariffs will likely raise much less money than White House projects, economists say White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.
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Cliff Asness's AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades with $3 billion in assets under management, gained 9% in Q1.
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RFK Jr. is a 'conspiracy theorist' endangering lives, say analysts at Howard Lutnick's former firm "HHS cannot be led by an anti-vax, conspiracy theorist with inadequate training," said analysts at investment firm Cantor Fitzgerald.
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Klarna's nearing a critical U.S. IPO — and it's the biggest test of CEO Sebastian... Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast approaching.
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'Peak' uncertainty: Evercore ISI predicts market turning point around Trump tariffs Evercore ISI's Julian Emanuel recommends accumulating stocks right now.
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‘Game over’ for ESG investing due to Trump backlash? Analysts say no President Donald Trump and the GOP have expressed disdain for so-called ESG investments. Despite political headwinds, analysts say such funds are here to stay.
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Why JPMorgan, BlackRock want to 'privatize' more of your stock and bond money in volatile... From private credit to lower-volatility equity income strategies, big money firms are bringing more high-net-worth strategies to the masses.
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Vanguard’s expired patent may emerge as ‘game changer’ for fund industry The exchange-traded fund industry is betting on a structure that could help investors reduce tax burdens.
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Judge orders CFPB to reinstate fired employees, preserve records and get back to work Judge Amy Berman Jackson sided with the CFPB employee union that sued acting CFPB director Russell Vought last month.
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Startup founder Charlie Javice found guilty of defrauding JPMorgan Chase in $175 million deal The Justice Department had charged Javice with four crimes including wire and bank fraud, counts which carry multi-decade maximum sentences
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Investors will be 'miles ahead' if they avoid these 3 things, 'How Not to Invest'... Barry Ritholtz's new book discusses why most people are bad at investing, and why famous investors who consistently beat the market are rarities.
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China’s Xi calls on top executives to help 'uphold global order' as trade tensions with... U.S. President Donald Trump has raised tariffs by 20% on China since January over its alleged role in the U.S. fentanyl crisis, and threatened a swath of new tariffs.
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Pony.ai wins first permit for fully driverless taxi operation in the center of China's Silicon... Chinese robotaxi startup Pony.ai said it has obtained the first permit to charge fares for fully driverless taxis in parts of a business district of Shenzhen.
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GameStop shares drop 22% after the retailer issues debt to buy bitcoin The latest sell-off came after the video game chain announced plans to raise $1.3 billion through the sale of convertible senior notes to purchase bitcoin.
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GameStop shares soar 12% after retailer says it will invest corporate cash in bitcoin like... GameStop's foray into cryptocurrencies marks the latest effort by CEO Ryan Cohen to revive the struggling brick-and-mortar business.
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Chinese consumer companies signal spending is picking up again Chinese companies' latest earnings reports point to an improvement in consumer spending, though it's not necessarily back to pre-pandemic levels.
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Treasury scraps reporting rule for U.S. small business owners The Treasury Department issued a rule that significantly waters down the number of businesses that must report information about their owners.
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China's artificial intelligence boom might help mitigate some tariff pain For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump's first and second terms is generative artificial intelligence.
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Here's how much Capital One would be worth post-Discover deal, according to one Wall Street... In a Tuesday note, BTIG analysts upgraded the financial stock to a buy from a hold-equivalent rating.
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Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release.
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