DOJ drops Powell probe, clearing path for Warsh Fed chair bid
US prosecutors have dropped their criminal investigation into Federal Reserve Chair Jerome Powell, a move that could ease the path for the Senate to confirm Kevin Warsh as the next…
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US sentiment nears four-year low in April on Iran war
US consumer sentiment fell sharply in April, hitting its lowest level in nearly four years as the ongoing conflict with Iran drove inflation concerns and weighed on household outlook. The…
Here’s why most Trump options on Iran point to higher crude oil prices
Crude oil price continued rising on Friday, with Brent rising to over $106 and the West Texas Intermediate (WTI) hitting the important resistance level at $98. This article explores why…
Top FTSE 100 shares to watch next week: Lloyds, Barclays, GSK, Natwest
The FTSE 100 Index pulled back this week as the US-Iran war continued and after the UK published a hot consumer inflation report. It dropped to £10,365 from this month’s…
Lucid stock just crashed to a record low: will it rebound after earnings?
Lucid Group stock price crashed to a record low this week, continuing a downtrend that has been going on for years. It plunged to a low of $6.27, bringing its…
P&G beats estimates, stock jumps as volume growth returns after a year
Procter & Gamble exceeded analyst expectations for quarterly earnings and revenue, reporting its first volume growth in a year and sending the company’s shares up approximately 3.3% on Friday. For…
SAP jumps 7% on earnings beat as cloud growth eases AI fears
Shares in SAP rallied on Friday after the German software giant reported better-than-expected first-quarter profit and reaffirmed its long-term cloud outlook. The strong result came even as concerns around artificial…
Tesla stock jittery after earnings: why investors remain cautious
Shares of Tesla traded unevenly on Friday, briefly rising as much as 1.3% before giving up gains to hover near flat, as investors continued to assess the company’s latest earnings…
Why does Trump not want US businesses to claim tariff refunds?
A year ago, Donald Trump called it Liberation Day. Today, 330,000 American businesses are filing to get their money back, and the President is on television telling them not to.…