President Trump's pick to lead the Federal Reserve, former governor Kevin Warsh, advocates for a dramatic shift in central bank strategy—shrinking its balance sheet—as the key to lowering mortgage rates, a move that challenges prevailing economic orthodoxy.
Former Federal Reserve Governor Kevin Warsh has been nominated by former President Donald Trump to chair the central bank, a move lauded by business leaders who cite his crisis-era experience and market savvy.
Apple's stock faces pressure from rising component costs even after a blockbuster Q1 fueled by iPhone demand. JPMorgan analysts see the pullback as a chance to buy, citing a discounted valuation and long-term AI and services growth drivers.
Treasury Secretary Scott Bessent champions the new 'Trump Accounts' as a crucial savings tool for future generations, brushing aside concerns they may exacerbate inequality. The program gains momentum with backing from JPMorgan, Bank of America, and high-profile philanthropists.
As global travel surges past pre-pandemic records, the influx of visitors is straining infrastructure and reshaping communities worldwide. From European protests to quiet American suburbs, the quest for authentic experiences is colliding with local life, fueling a housing crisis and raising a critical question: can cities belong to both residents and tourists?
With a midnight deadline looming, Congress remains gridlocked, pushing the federal government toward a partial shutdown. While economists predict minimal macroeconomic damage from a brief closure, the disruption to services and federal workers' paychecks will be felt immediately.
Apple shares edged higher following a robust Q1 earnings report headlined by record iPhone revenue, yet the muted gains reflect Wall Street's growing focus on looming supply constraints and the company's strategic pivot to artificial intelligence.
Data security leader Commvault Systems saw its stock price collapse to a 52-week low following its Q3 report, a stark contrast to its strong revenue and earnings beat. The sell-off highlights investor sensitivity to valuation and future guidance in a cooling software sector.
Recent buying activity by multiple executives at AdNeo Limited suggests internal optimism about the company's trajectory, even as its stock trades below their purchase price.
Singapore-listed construction firm Keong Hong Holdings reports a significant 42% rise in returns on capital employed over five years, signaling improved operational efficiency even as its asset base shrinks.
As gold and silver surge to record highs, Bitcoin's recent slump reignites debate over its viability as a modern safe-haven asset, challenging its long-touted 'digital gold' narrative.
Dover Corporation (DOV), the diversified industrial manufacturer, continues to attract heavy institutional investment, driving a remarkable long-term share price appreciation. Strong quarterly earnings and bullish guidance underscore the fundamental strength behind the sustained Big Money inflows.
OpenAI is reportedly in late-stage discussions to secure a colossal funding package, potentially nearing $40 billion, from its key partners and suppliers Nvidia, Amazon, and Microsoft, as the AI leader seeks capital for an ambitious global expansion.
DXN Holdings Bhd announces a MYR0.008 per share dividend, yielding an attractive 7.3%. While earnings cover the payout, high cash flow usage and rapid dividend growth raise flags for long-term sustainability, analysts say.
Altria Group expects improved second-half earnings by leveraging a U.S. tobacco tax rebate tied to increased exports, as the Marlboro maker seeks new avenues for growth in a shrinking cigarette market.
Bernstein raises UPS price target to $128, citing robust fourth-quarter results that help balance a softer margin outlook. The logistics giant's strategic pivot away from low-margin Amazon business and ongoing cost-cutting measures shape its 2026 trajectory.
New industry data reveals fashion's climate progress has stalled, with coal reliance remaining high and renewable energy adoption minimal. As the easy wins fade, experts call for targeted investment and collective action to tackle the sector's most polluting facilities.
Facing a looming wave of retirements, independent advisory firms are increasingly turning to employee ownership and sophisticated tax strategies to secure their futures, offering an alternative to the private equity buyout.
JPMorgan raises Edison International's price target to $66, citing model updates ahead of earnings. The utility giant, noted for its sustainable high-yield dividend, continues to benefit from California's electrification trends and regulated investment framework.
President Trump nominates former Fed governor Kevin Warsh to lead the central bank, setting the stage for a potential shift in monetary policy and a test of the institution's famed independence.
