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Warsh Confirmed as Fed Chair; 10-Year Yield Hits 11-Month Peak
Kevin Warsh was confirmed as Federal Reserve Chair as investors brace for persistently high U.S. Treasury yields driven by oil-fueled inflation, with the benchmark 10-year note hitting an 11-month pea
For better or worse, investors are living through Trump’s stock market. Here's why
Investors are riding a Trump‑shaped market where sharp sell‑offs quickly turn into rapid rebounds. Record earnings growth and AI hype have helped the S&P 500 bounce back from a 9.1% dip in just 16 day
Fed Chair Kevin Warsh Pushes Rate Cuts Amid Inflation
Kevin Warsh, the incoming Fed Chair, is already courting a “family fight” over monetary policy, pushing for rate cuts even as inflation spikes. His stance mirrors the Trump administration’s view that
Bond Yields Reset Rate‑Cut Odds; Warsh Faces Fight
Bond markets have surged into volatile territory, prompting a reassessment of the Federal Reserve’s odds of cutting rates. At the same time, incoming Fed Chair Kevin Warsh confronts internal oppositio
OpenAI adds personal finance tools to ChatGPT Pro
OpenAI has unveiled a preview of personal finance features for U.S. ChatGPT Pro users, letting them link bank accounts via Plaid to receive spending analysis and budgeting advice in real time.
Oil Spike and US Inflation Drag Asian Shares Lower
Oil prices surged after Trump slammed Iran's cease‑fire terms, while US inflation rose to 3.8% YoY in April, prompting Asian equities to tumble. Thailand’s SET index barely held its weekly gain and th
SpaceX Shareholders Approve 5-for-1 Split of Common Stock - Bloomberg.com
SpaceX shareholders have approved a 5‑for‑1 split of its common stock, clearing the way for a larger public float as the company prepares for a June 12 IPO. The move, reported by Bloomberg, Reuters an
How Trump’s 'unusual' brokerage account traded around his own market-moving decisions - Fortune
Recent filings show that former President Donald Trump’s brokerage account moved roughly $220 million, with a pronounced tilt toward technology stocks in the first quarter of 2026. Fortune, The Hill a
Berkshire triples Alphabet stake and buys Delta stock while dumping Amazon in Greg Abel's first quarter as CEO - Fortune
In his first quarter as Berkshire Hathaway’s chief executive, Greg Abel reshaped the conglomerate’s portfolio by tripling its Alphabet stake, pouring $2.6 billion into Delta Air Lines, and offloading
US Treasury Yields Jump on Inflation Spike
Investors fled bonds as inflation surged, driving U.S. Treasury yields to their highest in about a year and sparking a significant worldwide financial sell‑off across equities and other fixed‑income m
Mortgage Co. of Canada Halts Redemptions
Mortgage Company of Canada, a Toronto‑focused mortgage investment corporation, has frozen investor redemptions and suspended distributions as delinquencies rise and court backlogs delay recoveries. Th
Stocks tumble as US-Iran impasse fuels inflation fears
Global equities slid as oil prices surged and bond yields spiked, reflecting investor anxiety over a stalled US‑China summit and ongoing US‑Iran tensions. The leaders failed to produce concrete steps
Kevin Warsh Confirmed as Fed Chair, Powell Steps Down
Jerome H. Powell will hand the Federal Reserve’s top job to Kevin M. Warsh, who was confirmed by Senate Republicans after a campaign that framed the Fed’s post‑COVID actions as a policy disaster and d
Dow Falls >500 Points as Bond Yields Spike
Bond yields surged, pulling Wall Street’s risk‑on rally into a sell‑off as the Dow tumbled over 500 points and both the S&P 500 and Nasdaq slipped. The rally, which had supported Nasdaq’s 12‑day winni
President Trump Discloses Coinbase, Robinhood and Bitcoin Mining Stock Trades
President Trump’s recent ethics filings reveal he’s quietly built sizable positions in crypto‑linked firms, including a $100K‑plus purchase of Coinbase and a $100K Robinhood buy, through accounts mana
Senate Advances CLARITY Act, Crypto Stocks Slip
On May 15 the U.S. Senate moved the CLARITY Act past a key hurdle, a win hailed by the crypto industry as a landmark regulatory step. Yet the market reacted cautiously, with shares of crypto‑focused p
Nvidia Strong Buy, $323 Target Before Q1 Earnings
Raymond James analyst Simon Leopold reaffirmed a Strong Buy on Nvidia, set a $323 price target and highlighted a robust product roadmap and fast‑growing AI inference business ahead of the May 21 Q1 ea
Mortgage Rates Hit 6.62% After Trump/Xi Meeting
Mortgage rates climbed to 6.62% — their highest since late March — as bond yields spiked once Trump's China trip ended without delivering the peace signal the bond market had been pricing in.
SpaceX hires IR manager with social‑media focus
SpaceX’s new investor‑relations opening explicitly demands social‑media savvy, a stark contrast to Barclays and Fiserv, which still view IR as a traditional finance role. The shift reflects Elon Musk’
Cathie Wood Jumps Into AI IPO Sensation - Yahoo Finance
AI chipmaker Cerebras launched the biggest IPO of 2026, sending its shares soaring between 70% and 89% on debut. High‑profile investor Cathie Wood jumped into the offering, signaling strong confidence
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