Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
Trump and Iran's President Pezeshkian sign memorandum aimed to end war
President Trump earlier said at the G7 summit that the memorandum of understanding with Iran "might not be the kind of document that I should be signing."
Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal
Oil declines as Mideast peace prospects rise following U.S.-Iran deal.
Why Wall Street banks and foreign borrowers are rushing to tap China’s cheap money
Foreign governments, Wall Street banks and multinational companies are flocking to China's panda bond market.
India’s largest stock exchange files for IPO as mega-listings gather pace
India's largest stock exchange sets the ball rolling for mega IPOs this year as it files papers to go public.
Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for
Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
Google Gemini co-lead Noam Shazeer leaves for OpenAI
Google's vice president of engineering and a co-leader of its Gemini AI models announced Wednesday he is leaving the company to join OpenAI.
Defense contractors would be barred from buying back their stock in bill approved by Senate panel
A bill the Senate Armed Services Committee approved would prevent defense contractors from buying back their stock without Pentagon approval.
JetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale
JetBlue is planning to cut some employee bases at Newark Liberty International Airport in New Jersey and tech bases at New York's LaGuardia Airport.
Inside India newsletter: Anthropic curbs ignite AI debate in India — efforts 'too slow, way too small'
India's ambitions of becoming a global AI innovation powerhouse by building applications on top of foreign foundational models are being challenged.
Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed
The new leader of the Fed left interest rates alone but made clear how he plans to rewire the central bank.
Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
2-year Treasury yield rockets higher as many Fed officials signal possible hike this year
U.S. Treasury yields rose on Wednesday after the Fed held interest rates steady during Kevin Warsh's first policy meeting as chairman.
Chairman Warsh drastically alters Fed rate statement. Here's what's changed
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.
CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
Outgoing CME CEO Terrence Duffy said that the exchange operator will sue the CFTC over the agency’s decision to approve perpetual futures.
The market didn't like what it heard from the Fed and its new leader Kevin Warsh
The S&P 500 closed down 1.2%, as bond yields rose.
Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans
Here’s a look at how the Fed's June interest rate decision may affect your finances.
'Passive' investors who dodged bitcoin are now forced to own SpaceX, which is three times more volatile
Many advisors and money-managers invested in index funds who will soon be owners of Elon Musk's astronomic ambitions
Fed holds rates steady, pares down statement to remove cutting bias
The Federal Reserve on Wednesday released its interest rate decision.
Trump sabotages Senate bid to fast-track Clayton as DNI, committee scuttles hearing
Any delay, and continuation of acting DNI Bill Pulte in the role, is likely to endanger the reauthorization of a key U.S. intelligence authority.
CEOs of Anthropic and Google DeepMind call for U.S.-led AI coalition in meeting at G7
Tech leaders and heads of state, including President Donald Trump, joined a meeting about AI standards at the G7 Summit.
Allbirds continues AI pivot with name change and CEO hire, sending stock soaring
Allbirds became NewBird AI in April and said it would trade shoes for AI compute infrastructure.
SpaceX posts first losing day as stock sinks 5%, losing momentum after a multiday rally
Elon Musk's space and AI company has seen its stock surge since its blockbuster IPO on Friday.
CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
Despite the beats, questions remain about the company's ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.