3 forces driving a record week for stocks as 7 portfolio names hit new highs The S&P 500 and Nasdaq Composite jumped to all-time highs Friday, a remarkable comeback from the dark days of April.
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Trump's war against the Powell Fed has taken another political turn While Trump's name-calling of Powell isn't particularly new, the words now could signal action.
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Xiaomi shares soar to record highs as its new EV that undercuts Tesla draws strong... Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla's Model Y.
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Bank investors bet on looser regulation under Trump. They are starting to see it The Federal Reserve proposed changes this week that would lower capital requirements for large U.S banks.
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Divided Fed OKs rule to ease capital requirements for big Wall Street banks The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate.
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How the stock market made it back to a new record — even with so... The wall of worry has been crumbling with trade deals in motion and the economy remaining in solid shape.
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How the Republican megabill targets immigrant finances Provisions in Republicans' tax and spending bill would make the financial lives of immigrants harder, even those here legally, experts said.
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Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street 'alarmed' and 'depressed' His possible win in the general election could bring what the Street hates most — tax hikes and tighter regulation threatening corporate and investment interests.
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China's fintech giant Ant doubles down on health care with new AI app — and... Alibaba-affiliate Ant Group is doubling down on health care with a new app, based on artificial intelligence tech that it says could be rolled out overseas.
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China urges Beijing-backed development bank to focus more on Belt and Road Initiative Chinese Premier Li Qiang called on the Asian Infrastructure Investment Bank to increase its support for Beijing's Belt and Road Initiative.
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Watch Fed Chair Jerome Powell testify live before Senate banking panel In his remarks Tuesday, the central bank leader asserted that the Fed is "well positioned to wait" on interest rate policy.
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Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round The company said it will use the funding to advance adoption of the Canton Network, a blockchain for financial institutions.
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China's Li urges not to turn trade into a political or security issue Chinese Premier Li Qiang was speaking at the opening plenary of the World Economic Forum's annual conference in China, often dubbed "Summer Davos."
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China doubles down on promoting yuan as confidence in U.S. dollar takes a beating From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote international use of its currency.
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Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.
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Watch Fed Chair Powell testify live on interest rate policy before House committee In prepared remarks, Powell said concerns linger over the impact President Donald Trump's tariffs will have on inflation.
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Fed Chair Powell speaks on Capitol Hill this week with politics front and center White House officials have raised the heat on Powell to lower rates. Now he's faced with two key Fed officials who have said they could favor a cut in July.
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Getting Trump's full tax break on car loans may mean buying a $130,000 vehicle Middle-income households that buy luxury cars would be able to claim the full financial benefit of a $10,000 tax deduction on car loan interest.
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The Iran-Israel conflict isn't denting Chinese business optimism in the Middle East "Overall, Chinese merchants are relatively optimistic," says Bear Huo, China general manager at FundPark, a fintech startup.
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Why electricity prices are surging for U.S. households Electricity prices are outstripping the pace of inflation by a wide margin — a trend likely to continue in coming years, experts said.
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Fed Governor Waller says central bank could cut rates as early as July The central banker said he and his colleagues should move slowly but start to ease as inflation is now longer a major threat.
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JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in... JPMorgan, the biggest U.S. bank by assets and a leader across most major categories of finance, is relatively puny among online brokerages.
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AI avatars in China just proved they are ace influencers. It only took a duo... Digital versions of human beings are now able to sell more than real people can, thanks to artificial intelligence, a recent business collaboration showed.
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Labubu-maker's shares slump as Chinese state media calls for stricter regulation, Morgan Stanley trims interest Pop Mart, the Chinese toy company behind the recent Labubu craze, saw its shares fall this week after Morgan Stanley removed the stock from a focus list.
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Fed holds key rate steady, still sees two more cuts this year The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting this week.
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Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast FOMC officials expect the core personal consumption expenditures price index, which excludes food and energy, to increase at a 3.1% rate in 2025.
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Here's what changed in the new Fed statement This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in May.
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Trump says 'stupid' Powell 'probably won't cut' rates when Fed meeting ends Wednesday In the latest in a series of attacks on Powell, Trump said the Fed's key borrowing rate should be at least 2 percentage points lower.
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Klarna CEO wants to turn the platform into a 'super app' with help from AI The buy now, pay later giant's IPO may be on hold — but its business strategy remains the same, according to CEO Sebastian Siemiatkowski.
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This artificial intelligence subcategory is undergoing a 'golden age,' says long-time tech analyst Dan Ives Wedbush Securities' Dan Ives, who launched an artificial intelligence ETF this month, tackles his top AI plays.
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