News


Prominent Talk Show Host Ensnared in Alleged Ponzi Scheme

Talk show host Buck Sexton says he was defrauded by a real estate group that was the subject of a Barron’s investigation.

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Goldman Sachs Will Buy $1 Billion of T. Rowe Price Shares in New Partnership

The two firms plan to launch co-branded model portfolios and target-date strategies that will give investors exposure to private markets.

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Trump Tariffs Are Back in Limbo. What Comes Next for the White House, Trade Partners, Companies

Courts have ruled against the legality of the president’s tariff plan, raising new questions about trade deals, tariff refunds, and revenue.

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Fed’s Waller Eyes Multiple Rate Cuts. Other Officials Are Less Certain.

Friday’s jobs report will be a critical determinant for the breadth and depth of future rate cuts.

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A Government Shutdown Looms. Why the Threat Is Real This Time.

Republicans and Democrats are back from their summer recess poised for another battle over how to fund the federal government.

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The Powerball Jackpot Climbs to $1.3 Billion. Wednesday Could End a Dry Spell.

The current jackpot is the fifth-largest prize in Powerball history.

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Jobs, Inflation, Salesforce, Broadcom, Macy’s, and More to Watch This Week

A weak jobs report on Friday could all but make a Fed rate cut official. And earnings season comes to a close with reports also coming from American Eagle, C3.ai, Macy’s, and more.

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Spirit Airlines Stock Craters After It Files for Chapter 11—Again

The discount carrier previously exited bankruptcy protection in March.

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Berkshire Hathaway Buys Private Rodent-Control Company

Pest control is a hot business on Wall Street. Rollins, a publicly traded company, has a $27 billion market value.

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Cook Launches Legal Challenge Against Trump’s Firing. Here’s What Happens Next.

The lawsuit sets up a potentially precedent-setting legal showdown between the White House and the central bank.

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FDA Approves Pfizer Covid Vaccine but Adds Restrictions on Its Use

HHS Secretary Robert F. Kennedy Jr. says the shot will be available for people aged 5 and older.

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Labor Day Air Travel Expected to Reach New Record

The Transportation Security Administration said it expects to screen nearly 17.4 million people at U.S. airport security checkpoints this Labor Day weekend.

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Stephen Miran Is Trump’s Pick for Fed Gov. His Thoughts on Tariffs, Intel, and the Economy.

The current chair of the Council of Economic Advisers is an architect of many of the president’s economic initiatives.

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Nvidia, Alibaba, CrowdStrike, Snowflake, Inflation, and More to Watch This Week

HP, Alibaba, Best Buy, Dollar General, and more also will report earnings. On the economic front, we’ll see inflation numbers from several sources and a housing data release.

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Trump Has 2 People in Mind to Replace Gov. Lisa Cook: Report

“We have some very good people for that position,” Trump said during a televised cabinet meeting Tuesday.

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Fed Gov. Cook Will File a Lawsuit Challenging Trump’s Firing, Lawyer Says

In a letter posted on social media, President Donald Trump said the removal was effective immediately.

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U.S. Takes 10% Stake in Intel. What to Know.

The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave national security program.

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Canada Rolls Back Tariffs on Most U.S. Goods

Tariffs on steel and aluminum imported from the U.S. will remain in place.

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DOJ Official Urges Powell to Fire Cook. That Isn’t the Fed Chair’s Call.

Only the president can remove a governor—and only then for cause.

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Trump Intensifies Attack on Fed With Call for Governor to Resign

Lisa Cook says she has “no intention of being bullied to step down from my position.”

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Fed’s Bowman Urges Less ‘Cautious Mindset’ on Crypto

The comments mark a departure from previous regulators, whom the vice chair for supervision described as overly cautious.

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China Trade Deal Deadline Extended to Early November

Investors appear to be expecting another extension of the China deadline—anything other than that could be a shock.

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Opendoor CEO Resigns. The Meme Stock Is Getting New Leadership.

The real estate e-commerce platform has emerged as a meme stock over the last month.

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Intel Stock Jumps on Report U.S. Government Could Take Stake in the Company

The Trump administration is talking to Intel about taking a stake in the company to help expand its domestic manufacturing, according to The Wall Street Journal.

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Berkshire Buys UnitedHealth Shares, Lifts Veil on 3 Mystery Stocks

Warren Buffett disclosed the moves in a securities filing on Thursday.

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