U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee's statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | ReutersFederal Reserve Chair Jerome Powell said Tuesday that weakness in the labor market is outweighing...
Category: Finance
Wall Street bets on chip boom are getting more concentrated, and it could be good thing for investors
The AI boom and success of Nvidia, now the U.S. market's largest stock, have made the semiconductor sector one of the most closely watched corners of the market. Nvidia's rise to a market cap over $4 trillion has led to concerns about the S&P 500's concentration in a handful of...
Here are five key takeaways from the Fed’s big interest rate decision
U.S. Federal Reserve Chair Jerome Powell walks away at the end of a press conference, following the issuance of the Federal Open Market Committee's statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | ReutersThe Federal Reserve on Wednesday delivered on a widely anticipated quarter...
BlackRock’s Rieder the latest candidate to interview in Fed chair search
Rick Rieder, BlackRock Senior Managing Director, Chief Investment Officer of Global Fixed Income, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023.Adam Jeffery | CNBCThe White House search for the next Federal Reserve chair continues to twist and turn, with BlackRock bond chief Rick Rieder...
Klarna’s stock jumps 15% in NYSE debut after pricing IPO above range
Sebastian Siemiatkowski, chief executive officer and co-founder of Klarna Holding AB, center, and Michael Moritz, chairman of Klarna Bank AB, center right, during the company's initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 10, 2025. Michael Nagle | Bloomberg |...