CNBC Daily Open: Powell probe rattles Washington, but Wall Street shrugs
Former Fed Chair and Treasury Secretary Janet Yellen said she was “surprised the market isn’t more concerned.”
Trump says Microsoft will make changes to ensure consumers don’t pay for power used in AI buildout
President Trump said in a social media post that Microsoft will “make major changes beginning this week” to make sure Americans don’t see rising energy costs.
Japan’s Nikkei 225 jumps over 3% as expectations that ruling party will opt for a snap vote rise
Asia markets rose as investors shrugged off geopolitical flashpoints and a criminal investigation into Fed chair Jerome Powell.
S&P 500 retreats from record Tuesday as JPMorgan slides, traders evaluate multiple Trump edicts: Live updates
Investors sold JPMorgan despite better-than-expected numbers and grappled with volatility from a flurry of President Donald Trump proposals.
Trump says any country doing business with Iran will face 25% U.S. tariff
Trump’s tariff post targeting Iran comes as the oil-rich country struggles to suppress an ongoing swell of massive anti-government protests.
Airbus keeps No.1 planemaker spot but raises new concern on engine supplies
Airbus deliveries rose 4% last year to reach 793 aircraft despite recent industrial snags and a new question mark over engine supplies.
Apple picks Google’s Gemini to run AI-powered Siri coming this year
Google’s market value surpassed Apple for the first time since 2019 as it rolls out updated artificial intelligence features.
Wall Street says Trump’s doing all he can to run economy hot going into the midterms. How to trade it
Strategists favor cyclical assets over defensive stocks as they believe the administration is focused on keeping consumers spending and the economy humming.
‘Sell America’ trade: Dollar drops, gold surges as Trump’s Fed pressure campaign raises fears about U.S. system
The “Sell America” trade is a hot topic after Federal Reserve Chair Jerome Powell’s bombshell announcement that he’s under criminal investigation
Greenspan, Bernanke, Yellen and other past officials say Trump using ‘prosecutorial attacks’ to undermine Fed
Previous Federal Reserve chairs, Treasury secretaries and prominent economists came together Monday to support Jerome Powell.
