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Watch Live: Fed Chair Warsh Speaks at Jackson Hole
Nvidia's interest in Hugging Face is a hedge against a future dominated by OpenAI and Anthropic
Nasdaq Futures Drop as AI Rebound Falters After Marvell Earnings
Trump seeks vast, potentially costly US stake in Venezuelan oil industry
World in Brief: Warsh says inflation is too high; rescue efforts halted in Nepal and Tibet
PayPal Plunges 15% After Reports That Advent, Stripe Abandon $53 Billion Bid
US Job Growth Marked Down in Preliminary Benchmark Estimate
Walmart Settles US Government's Opioid Lawsuit, Justice Department Says
Nvidia officially achieves its largest one-day market-cap gain ever
The mortgage rate magic number homebuyers are waiting for
Timber Was Gold in the South—Until a Market Collapse Crushed the Forest Economy
T-Mobile is closing retail stores and laying off workers: See a list of locations that will be impacted
BitGo to acquire NYDIG’s institutional trading business as crypto trading rebounds
Consumer Sentiment Was Weaker in August, per Michigan Survey
Ex-RBI Chief Rajan Says Fed Should Raise Rates to Curb Inflation
Fed, inflation
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Investors Expect Higher Rates After Fed Chairman’s Inflation Pledge
Kevin Warsh reiterated the Federal Reserve’s commitment to tackle rising prices, nudging up investor expectations of a rate increase.
Fed chair Warsh, concerned about inflation, says bank 'has more work to do'
Though Kevin Warsh doubled down on his controversial refusal to provide "forward guidance" on Fed moves, a majority of investors now expect a rate hike in September.
Fed chair impressed by US economy, still hopes to tame inflation
Federal Reserve Chair Kevin Warsh is expected to give an update on the U.S. economy in his keynote address at a symposium in Jackson Hole, Wyoming.
Fed Chair Warsh says US inflation is still too high and opens the door to rate hikes
Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he had sent previously about his economic outlook.
PayPal Shares Fall
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PayPal Shares Sink Premarket on Report of Abandoned Takeover Offer
PayPal shares are tumbling 13% in premarket trading after Bloomberg reported that a group including payments company Stripe and private-equity firm Advent International have abandoned their pursuit of the fintech company.
Stripe-led group is reportedly abandoning its PayPal acquisition
Stripe and buyout firm Advent are no longer pursuing their acquisition of PayPal as was reported earlier this month.
PayPal’s stock slides as a takeover bid is said to fall through. What’s next for the company?
Reports of a takeover offer have propped up PayPal’s stock in recent months, but now the company may have to execute a turnaround on its own.
PayPal stock tumbles on report Advent and Stripe are dropping their takeover bid
Key Takeaways PayPal shares dropped in the wake of reports that Stripe and Advent have abandoned their takeover bid.Stripe and Advent previously offered $53 billion to take PayPal private. PayPal shares are slumping in the wake of a report from Bloomberg that Stripe and Advent have abandoned their takeover offer for the payments company.
Nvidia, stock
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Top analyst raises Nvidia stock price target after earnings
Nvidia (NVDA) reported its earnings for the second quarter (Q2) of fiscal year (FY) 2027 on Aug. 26, and the results are impressive. In fact, they are so impressive that the company finally broke out of what had started to look like a pattern of the stock dipping the day after earnings.
Nvidia stock is climbing after another set of blockbuster results. Here’s what Wall Street is saying.
Shares of Nvidia rose in premarket trading on Thursday. Goldman Sachs and Citigroup raised their price targets for the stock.
For the first time in three years, Nvidia's next earnings report won't be on a Wednesday
Nvidia will be breaking from a pattern when it reports earnings next time around. The company announced at the end of its earnings call that its next report will come out on Nov. 17, which is a Tuesday.
Nvidia’s blowout second quarter leaves investors unmoved
For the quarter ending in July, Nvidia reported record sales of $96.2 billion, or 4% higher than the $92.3 billion analysts polled by FactSet had expected. Net income of $59.7 billion and earnings per share of $2.
U.S., Canada Trade War escalates
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US-Canada animosity could impede an end to a trade war neither country wants
Despite the bravado coming from both sides of the border, though, analysts suspect the longtime allies will eventually strike a deal to end a conflict neither really wants.
Trump suggests trade war with Canada will help affordability crisis
President Donald Trump apparently believes a trade war with America’s second-largest trading partner will be good for Americans’ wallets. Asked Thursday by a reporter what he’d tell Americans who worry his trade dispute with Canada will make things less affordable,
United States, Canada Trade War escalates
Trump’s new EO renames Lake Ontario, bordering the US & Canada, Lake America, amid a trade dispute. Canada’s focused on targeted tariffs for political pressure.
What Trump’s trade war could cost Americans
The collapse of Canada-U.S. trade talks will see a slew of goods from both sides of the border hit with new tariffs, but who will pay the price? CBC’s Eli
Gold, Jackson Hole
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Gold falls as markets await Jackson Hole
Gold declined in early Asian trade as traders await a speech from Fed Chair Warsh, hoping for clues on the trajectory of interest rates as inflation stays sticky.
Gold prices steady as investors await Warsh’s Jackson Hole speech
Gold prices were broadly unchanged on Friday as investors awaited Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole symposium for indications on the outlook for U.S. interest rates. Spot gold was flat at $4,
Gold price today: Gold prices edge lower ahead of Kevin Warsh's Jackson Hole speech; bullion set for weekly dip
Gold prices edged lower this week as a stronger US dollar and steady inflation data reduced hopes of near-term Fed rate cuts, while investors awaited Kevin Warsh's Jackson Hole remarks for policy signals.
Gold finishes little changed ahead of Warsh's Jackson Hole speech
Gold futures edged higher ahead of comments by Federal Reserve Chairman Kevin Warsh at Jackson Hole that could offer clues on the central bank's inflation outlook and monetary policy path.
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