News
Fed Interest Rate Decision, Economic Data, Lennar Earnings, and What Else to Watch This Week
The main event of the coming shortened trading week is the two-day Federal Open Market Committee’s monetary-policy meeting.
3 minute read
Investors Face Fresh Israel, Iran Worries. What History Says Markets Do Next.
Israel strikes Iran, dollar’s slump is worst since 1980s, immigration raids cripple factories, and more news to start your day.
Long Read
China Trade Deal ‘Done,’ Other Countries May Get More Time
Representatives agreed to keep talking along the lines of the agreement reached in Geneva last month to temporarily lower tariffs.
Long Read
Apple Stock Falls After WWDC Keynote. An AI-Powered Siri Will Take More Time.
The rollout of Apple’s new AI features was delayed last fall and on arrival it omitted the new Siri, for which Apple users are still waiting.
4 minute read
Warner Bros. Discovery Stock Surges on Breakup. Why It Could Be Too Little, Too Late.
The entertainment company will separate its streaming and studios business from its cable channels, including CNN and TNT.
3 minute read
MicroStrategy’s New Preferred Stock See Lackluster Demand
The company is the largest corporate Bitcoin holder.
3 minute read
Trump Gets His Call With Xi. The Two Sides Agreed to Keep Talking.
President Donald Trump spoke with Chinese leader Xi Jinping by phone on Thursday, according to a report from Chinese state media outlet Xinhua.
Long Read
Musk Says ‘Kill the Bill’ as New Estimate Says It Will Add $2.4 Trillion to Deficit
The Tesla CEO has ramped up his criticism of the legislation just days after ending his stint as a special government employee leading cost-cutting efforts at the federal level.
3 minute read
Trump Blasts Powell After Weak ADP Report. The Jobs Number Is ‘More Noise Than Signal.’
The pace of hiring in the private sector fell to its lowest levels since March 2023.
3 minute read
Tariffs on Steel, Aluminum Double; ‘Best’ Trade Offers Due Today
It’s hard to know if Trump's comments on Xi Jinping suggest the world’s two biggest economies are getting any closer to a deal on tariffs.
1 minute read
Trump Says Xi Is ‘Extremely Hard to Make a Deal With.’ A U.S.-China Call Is Critical.
Despite the harsh rhetoric, both countries need each other for now when it comes to trade.
4 minute read
Trump Signs Order Doubling Steel, Aluminum Tariffs, Citing National Security
He initially announced the move last Friday while visiting a U.S. Steel factory in Pennsylvania.
4 minute read
Musk Calls Trump’s Tax Bill an ‘Abomination.’ How the White House Responded.
Cracks are appearing in the relationship between the world’s richest person and the president.
4 minute read
Trump Makes His First Try at Keeping DOGE Cuts. The Real Spending Fight Comes Later.
The White House’s “rescissions” package is headed for Congress. It included $9.4 billion in reductions, from public media and foreign aid.
2 minute read
Meta’s 20-Year Nuclear Deal Shows AI Trade Is Just Beginning. Nvidia Is a Winner.
The technology company primarily uses Nvidia’s AI chips to power its workloads.
2 minute read
DraftKings and Flutter Stocks Fall on New Sports Betting Tax
Illinois passed a new tax on sports wagers that could cost sportsbooks tens of millions of dollars.
2 minute read
Jobs Report, Lululemon, Dollar Tree, Broadcom, CrowdStrike, and More to Watch
Campbell’s and Hewlett Packard Enterprise will also report earnings, and Friday’s jobs report headlines the week’s economic data.
3 minute read
Musk and Trump Say See You Later, but Not Goodbye Forever
The Tesla and SpaceX CEO said he’ll continue to be “a friend and an adviser” to the president after his DOGE role ends today.
4 minute read
Trump Loses Majority Share of Truth Social Stock as DJT Turns to Bitcoin
New shares of Truth Social’s owner diluted President Donald Trump’s stake, held in the name of his son.
4 minute read
Powell Met With Trump to Discuss Economy, Interest Rates
The meeting was held “at the President’s invitation.”
2 minute read
Tariffs Latest: Trade Court Strikes Down Levies. What the White House Could Do Next.
Stocks appeared to welcome the news, with S&P 500 futures jumping 1.4% late Wednesday.
Long Read
Synopsys Says It Hasn’t Received Notice to Stop Exports to China, Pushing Back on Report
Shares of semiconductor software design companies Cadence and Synopsys fell hard on the news.
2 minute read
Gene Therapy Death Worsens Picture for an Already Troubled Field
A patient participating in a small trial of a gene therapy died over the weekend.
4 minute read
Trump Postpones EU Tariffs to July
EU President Ursula von der Leyen requested the extension. The 50% tariffs on goods from the EU were to begin June 1.
1 minute read
Amid Trump’s Criticism, Powell Champions Public Service and Civic Duty at Princeton
Speaking at Princeton University’s baccalaureate ceremony, Powell encouraged students to take risks, step into leadership roles, and commit to serving the public.
2 minute read
