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on 06/18/2026

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.

on 06/18/2026

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."

on 06/18/2026

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.

on 06/18/2026

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.

on 06/18/2026

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.

on 06/17/2026

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.

on 06/18/2026

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.

on 06/17/2026

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.

on 06/17/2026

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.

on 06/18/2026

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.

on 06/17/2026

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.

on 06/17/2026

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.

on 06/17/2026

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.

on 06/17/2026

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.

on 06/18/2026

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.

on 06/17/2026

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.

on 06/17/2026

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.

on 06/17/2026

'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

on 06/17/2026

Fed holds rates steady, pares down statement to remove cutting bias

The Federal Reserve on Wednesday released its interest rate decision.

on 06/17/2026

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.

on 06/17/2026

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.

on 06/17/2026

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.

on 06/17/2026

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.

on 06/17/2026

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.