Trump signals DOJ should continue Powell probe, complicating Warsh Fed nomination
Powell has accused the DOJ of investigating him in retaliation for his refusal to lower interest rates as much or as quickly as Trump has demanded.

Powell has accused the DOJ of investigating him in retaliation for his refusal to lower interest rates as much or as quickly as Trump has demanded.
The U.S. government has been trying to crack down on illegal shipments of top-tier Nvidia artificial intelligence chips to China.
During the meeting, Trump praised Japan for "stepping up" to assist in efforts to secure the Strait of Hormuz, "unlike NATO."
U.S. oil prices extended their decline after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian crude stored aboard tankers.
Democrats are vying for competitive seats across farm country in 2026, and fertilizer shortages spurred by the Iran war give them a new affordability angle.
After major rallies, metals were under pressure on Thursday as rising oil prices increased both inflation and growth worries.
Asia markets track losses on Wall Street, extending market rout on Iran war impact.
The new unified app aims to help OpenAI streamline the user experience.
JPMorgan's move reflects growing competition among banks and wealth managers to serve athletes, who are increasingly becoming entrepreneurs and investors.
Cramer points to the S&P Short Range Oscillator's extremely oversold levels as a marker for a potential future rally.
President Donald Trump's National Economic Council director, Kevin Hassett, said Sunday that the war has already cost $12 billion.
Figma's stock has been getting hammered on concerns about AI, and Google's new design product is adding to that anxiety.
The metals shed around 5% and 10%, respectively, while mining stocks and ETFs linked to gold and silver also fell.
The company expects to test ways it can use Rivr's robots to help with "doorstep delivery" and to "improve safety outcomes" for delivery drivers.
FedEx posted strong fiscal third quarter results on Thursday and raised its guidance following a strong performance.
Memory shortages. Way behind on AI. Tariff troubles. None of that seems to matter to Apple.
Supply allocations are being set by who needs the gas the most. Semiconductors are at the "top of the pecking order," said helium consultant Phil Kornbluth.
Bond yields have surged as Europe's central banks grapple with new inflation fears.
While Wall Street may be encouraged by the recent rebound in the IGV Software ETF, Apollo's Sambur believe the story will get worse.
The high-dose Wegovy helped patients with obesity lose an average 20.7% of their weight after 72 weeks in a phase three trial.
Jensen Huang is building a new moat with open-source AI — not out of generosity, but necessity, our tech columnist writes.
World leaders are scrambling to contain a spiraling Middle East conflict on Thursday after Israel and Iran traded strikes on gas production facilities.
A day after announcing the Horizon Worlds would only be available on a mobile app starting in June, Meta said it changed its mind.
New home sales fell to the lowest level in four years, despite lower interest rates and builder incentives.