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Powell Letter Addresses White House Criticism of Fed Renovations
Federal Reserve Chair Jerome Powell in a Thursday letter countered criticisms leveled at the central bank by a top White House official over a $2.5 billion renovation project.
Asian shares mostly advance after Wall Street cruises to more records
Asian shares were mostly higher on Friday after Wall Street rose to records following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. Japan’s
Japan's markets brace for election impact on JGBs, yen
By Junko Fujita and Kevin Buckland TOKYO (Reuters) -Heading into the most consequential Japanese upper house election in memory and a possible defeat for the coalition of Prime Minister Shigeru
Netflix notches a record quarter and signals more growth ahead
Netflix posted record-setting revenue and earnings for the second quarter on Thursday. The streamer also raised its forecast for the year. Analysts are eyeing the platform's plans to scale through
Netflix Earnings Soar Past Expectations. How a Weak Dollar Helped Boost Results.
Wall Street analysts are expecting earnings per share of $7.08, up from $4.88 last year, and revenue of $11.1 billion, up 16%.
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been
Charles Schwab’s Growth Strategy Tested by Volatile Markets. Earnings Will Show How It’s Faring.
As tariff announcements whipsawed markets in April, Charles Schwab CEO Rick Wurster said the turmoil was an opportunity for his firm to shine. When the company reports second quarter earnings on
Oracle looks to join an exclusive club as it approaches this financial milestone
With the cloud giant’s stock rising 3.1% on Thursday, Oracle is within a hair of surpassing a $700 billion market capitalization. Its shares clinched a new closing high of $248.75 at the end of the
A lucky mistake made a Massachusetts lottery player a millionaire
Paul Corcoran of Fitchburg, Massachusetts took home $2 million after accidentally purchasing an extra Powerball ticket last week.
Nvidia CEO Huang Emerges as Reluctant Emissary for US-China
Days after a White House meeting with President Donald Trump, Jensen Huang was being hailed by an audience on a stage in Beijing.
'One Big Beautiful Bill' offers Americans lots of tax benefits. Here are a few to plan for
It's not tax season, but now that Trump's spending bill is final, it's a great time to plan, experts say. Don't overlook these new benefits.
GSK Falls After FDA Advisory Panel Fails to Back Cancer Drug
GSK Plc shares tumbled after its blood cancer drug failed to secure the backing of a panel of US regulatory advisers, putting its approval in doubt.
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