Elizabeth Warren Grills Trump’s SEC Pick Over $25 Million Stake and Crypto Ties
Sen. Elizabeth Warren (D-MA) confronted Paul Atkins, President Donald Trump’s nominee for SEC chair, over his financial ties and potential conflicts of interest.
A $30 Billion Rout Turns Delta Thailand Into Asia’s Worst Stock
(Bloomberg) -- Just four months ago, Delta Electronics (Thailand) Pcl’s shares were outpacing global peers, prompting a series of moves from Thai market authorities to halt the rally. Now, the stock is in a stark reversal.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Cata
Why May 15 is a key date to watch for Nvidia stock
Nvidia stock slumped this week on news that the company is at risk of losing business in China as a result of new regulation.
Fed's Barkin: Auto firms under tariffs will face tough choices on pricing, margins
Richmond Federal Reserve President Tom Barkin said he did not expect consumers to face the full brunt of the 25% tax the Trump administration has set on imported cars, but added firms will have difficult choices ahead on pricing and profit margins. "My instinct is that the blunt top line number will not be the number that is faced by consumers," Barkin said. For the Fed that could mean spillovers to the job market if firms try to limit price hikes by shedding workers.
Watch These Vistra Stock Price Levels as AI Energy Play Continues to Slide
Shares of nuclear power provider Vistra, which has become a favorite of AI investors, fell Thursday for the third straight day. Monitor these major support and resistance chart levels.
Here are the market's biggest losers from Trump's fresh auto tariffs
JPMorgan analyst Ryan Brinkman called the tariffs "draconian" and lowered the bank's price targets for General Motors, Ford, and Ferrari as a result.
Everyday investors are buying the dip at near-record levels as tariffs spook Wall Street
Retail investors have poured $32.9 billion into stocks since the market sell-off accelerated in late February.
Gold bull Peter Schiff bets on rallying bullion amid Bitcoin downturn
Gold rallying to its record high amidst a general slump in the crypto market gave another opportunity to Peter Schiff to display his skepticism of Bitcoin.
'Nothing short of a myth': US oil execs blast Trump's 'drill, baby, drill' mantra
"Tariff policy is impossible for us to predict and doesn't have a clear goal. We want more stability."
Fed's Collins says it is clear tariffs will drive inflation up near term
(Reuters) -Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be. "It looks inevitable that tariffs are going to increase inflation in the near term" and it seems more likely than not right now the jump will be short-lived, she said in an appearance in Boston. But "there are risks" the higher price pressures could prove more enduring, she noted, and the details and reactions of those targeted by the tariffs matter a lot in determining how much prices will be affected.