Shale oil bosses say Wall Street will not approve another round of drilling frenzy. Click to view...
According to the Wall Street Journal, Bill McKinley, the chief counsel of Elon Musk's government efficiency unit, has announced his resignation.
While Wall Street is optimistic about Mr. Trump's pro-growth policies, Mr. Dimon's cautious tone is a reminder of the potential for negative surprises amid high valuations for US stocks
According to the Wall Street Journal, US President Donald Trump has used the threat of tariffs on the United States-Mexico-Canada Agreement (USMCA) to force the two sides to negotiate the USMCA ahead of schedule.
According to Reuters, Trump officials confirmed a Wall Street Journal report that he would not implement new tariffs on his first day in office.
According to the Wall Street Journal, Trump plans to visit wildfire-ravaged Los Angeles as early as next week to review the damage and assess reconstruction needs. The exact time of the visit has not yet been determined, but Trump advisers are considering setting it for later next week, after Monday's inauguration. Trump advisers want to ensure that Trump's presence does not interfere with the...
Wall Street banks have begun to raise the possibility that the Federal Reserve may raise interest rates this year! Will CPI add another fire? Gold bulls may need to "temporarily avoid sharpness" now, and US stocks may have entered a "lose-lose situation"...
1. Wells Fargo: The Fed is increasingly unlikely to cut rates in March. 2. Citibank: The Fed is expected to make its next rate cut in May, after previously expecting it to do so in January. 3. JP Morgan: Given the latest non-farm payrolls data (strong), the Fed is expected to make its next rate cut in June, compared to the previous forecast of March. 4. Bank of America: The rate-cutting cycle may be over; the underlying assumption is that the Fed will keep rates on hold for an extended period of...
The famous Wall Street Journal reporter Nick Timilaus, who is known as the "Federal Reserve's mouthpiece", recently published an article saying that the Federal Reserve is trying to re-evaluate the impact of the new Trump administration on the US economy and inflation. According to people familiar with the matter, Federal Reserve Chairperson Powell is very dissatisfied with the public remarks of some Federal Reserve officials because they more directly link the Fed's policy to the policy changes...
The famous Wall Street Journal reporter Nick Timilaus, who is known as the "Federal Reserve's mouthpiece", recently published an article saying that the Federal Reserve is trying to re-evaluate the impact of the new Trump administration on the US economy and inflation. According to people familiar with the matter, Federal Reserve Chairperson Powell is very dissatisfied with the public remarks of some Federal Reserve officials because they more directly link the Fed's policy to the policy changes...
Wall Street banks will have the opportunity to comment on a series of adjustments to the Federal Reserve's annual bank stress testing, the Federal Reserve said on Monday. The Fed said it will seek public comment on the model used to determine hypothetical losses and income for banks in stress situations. The reform proposals also include averaging the results of the two-year test to reduce the year-to-year changes in capital requirements caused by stress testing. "These proposed adjustments will...
According to a source familiar with the matter, Trump's advisers and officials in his newly formed Department of Government Effectiveness have asked him whether he can abolish the Federal Deposit Insurance Corporation (FDIC).
Bezos-owned Amazon plans to donate $1 million to Trump's inauguration, according to the Wall Street Journal.
According to the Wall Street Journal, citing people familiar with the matter, US hedge fund Starboard Value has taken an undisclosed stake in Riot Platforms and is pushing the company to improve its business model. According to reports, Starboard has been urging Riot to convert some of its bitcoin mining sites into data centers in order to host the machines and provide high-performance computing (HPC) to big tech companies. Riot is currently a "pure" bitcoin miner whose income comes only from bi...
The leaders of two major Wall Street regulators may both be friendly to the crypto community!