Ken Griffin says Trump’s ‘bombastic’ trade rhetoric is a mistake that’s eroding trust in the U.S.

Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024.Michael M. Santiago | Getty ImagesCitadel CEO Ken Griffin sent a stern warning against the negative impact from President Donald...

Powell squashes the possibility that the Fed will develop its own digital currency

U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” at Capitol Hill in Washington, U.S., February 11, 2025. Craig Hudson |...

Fed Chair Powell says central bank doesn’t ‘need to be in a hurry’ to lower interest rates further

Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 06, 2024 in Washington, DC. Chip Somodevilla | Getty ImagesFederal Reserve Chair Jerome Powell on...

CFPB heads of supervision and enforcement announce resignations after stop-work order

Former Office of Management and Budget (OMB) Director Russell Vought takes his seat as he arrives to testify before a US Senate Homeland Security and Governmental Affairs Committee hearing on his second nomination to be OMB director, on Capitol Hill in Washington, DC,...

Dominari Holdings shares surge 30% after Donald Trump Jr. and Eric Trump join advisory board

Eric Trump during an interview with the PA news agency at Trump International Golf Links near Balmedie, Aberdeenshire.Jane Barlow – Pa Images | Pa Images | Getty ImagesDominari Holdings shares shot up Tuesday after the holding company announced that President...

Watch Fed Chair Powell testify live before the Senate Banking Committee

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jerome Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.First up will be an...

Stocks making the biggest moves premarket: Coca-Cola, Shopify, Snap, First Solar and more

Check out the companies making headlines in premarket trading: Coca-Cola — The soda maker popped 3% after beating Wall Street expectations on both lines for the fourth quarter. Coca-Cola earned an adjusted 55 cents per share on $11.54 billion in revenue, while...

Italy’s UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid expected declines in net interest income.Net profit attributable to the group came in at 1.969 billion euros ($2.03...

Italy’s UniCredit posts fourth-quarter profit beat, raises shareholder returns

The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024.Emanuele Cremaschi | Getty Images News | Getty ImagesItaly’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising...

Stocks making the biggest moves midday: McDonald’s, GameStop, On Semiconductor and more

Check out the companies making headlines in midday trading: McDonald’s — The fast-food giant jumped 5% following its earnings announcement . While adjusted earnings came in at $2.83 per share, in line with expectations, revenue of $6.39 billion fell short of the...