President Trump picked Kevin Warsh for Fed chair expecting lower interest rates. How Warsh navigates their relationship could shape what he can actually deliver.
Trump expects lower interest rates. How Warsh navigates their relationship could shape what he can actually deliver.
Read MoreAST SpaceMobile loses $2B in market cap on setback
AST SpaceMobile (ASTS) just lost roughly $2 billion in market cap after a failed satellite deployment raised new questions about timing. Shares fell about 5% on April 20 after BlueBird 7 was placed into an unusable orbit, increasing concerns that the company’s path to a working network and timeline …
Read MoreMajor burger chain franchisee files Chapter 7 bankruptcy
Burger chains are navigating dire economic issues today, closing underperforming locations and, in some cases, filing for bankruptcy protection. Wendy’s said it will close 5%-6% of its 5,831 U.S. restaurant locations listed on its website in 2026, or about 292 to 350 underperforming units, …
Read MoreAmazon’s ambition to rival Starlink set back after Blue Origin rocket grounded
Federal Aviation Administration forces Jeff Bezos’s space venture to halt operations of flagship New Glenn
Read MoreNew Zealand First-Quarter Inflation Higher Than Expected
New Zealand’s inflation rate came in higher than expected in the first quarter, underscoring concerns about the emergence of price pressures across the economy just as the Middle East energy shock was beginning to develop.
Read MoreMorgan Stanley names UnitedHealth a “Top Pick”
Morgan Stanley is getting more bullish on UnitedHealth Group (UNH) ahead of earnings, upgrading the stock to a Top Pick and assigning a $375price target. The call signals a shift in the narrative, with key risks around Medicare Advantage, Optum Health, and cost structure starting to ease. The …
Read MoreMarvell adds $5B in market cap on potential partnership
Marvell Technology (MRVL) just added roughly $5 billion in market cap, with the stock jumping about 6% after reports that Alphabet is exploring a potential AI chip partnership with the company. Investors are starting to price in what a real hyperscaler design win could mean for Marvell’s role in …
Read MoreZillow predicts change in home values, housing market
Over the last several years, I’ve kept a close eye on national — and local — home values. My career as a real-estate reporter is the main reason for doing so. But I’m also personally attached to property value trends. I was obsessed with home values when buying my first home in 2022, because I…
Read MoreAmazon is selling a $207 pressure washer for 40% off – just in time for spring cleaning
“I’ve used it on various surfaces, from RVs to garden fences, and it has performed beyond expectations every time,” one shopper.
Read MoreAnthropic and Amazon agree $100bn AI infrastructure deal
Start-up behind Claude tool seeks to bulk up on chips and computing power after suffering outages this year
Read More