Powell says exactly what Wall Street wants to hear as Trump provokes soybean battle with China
Investors heard enough of what they wanted to remain bullish on further cuts.
Business
As billionaire wealth soars $33 trillion, Mark Cuban says it’s time for workers to receive a cut of their employers’ success in the form of stocks
Billionaire wealth has increased by $33 trillion since 2015—and Mark Cuban says employees deserve a piece of that pie too.
BlackRock’s $40 billion deal highlights the unstoppable AI data center gold rush, as CEO Larry Fink pushes back on AI bubble fears
The $40 billion bet on Aligned highlights the demand for AI-ready infrastructure — and Wall Street’s determination to cash in.
Four in 10 workers earning more than $500,000 a year are living paycheck to paycheck—and ‘lifestyle inflation’ is keeping them broke
America’s top earners feel just as broke as workers scraping by on less than $50,000, thanks to soaring food, housing, and luxury item costs.
Jeff Bezos warns Gen Z against dropping out of college to become the next Bill Gates or Mark Zuckerberg because they’re ‘the exception’—not the norm
The billionaire Amazon founder advises Gen Z to finish college and climb the corporate ladder—like he did. “I started Amazon when I was 30, not when I was 20," Jeff Bezos warned.
America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky
The risk is “that we move from going broke slowly to going broke quickly,” Kelly says.
JPMorgan to invest up to $10 billion in U.S. companies with crucial national security ties
The investment is part of the bank's Security and Resiliency Initiative, a $1.5 trillion, 10-year plan to facilitate, finance and invest.
China calls for Trump to drop 100% tariff threat, urges U.S. to ‘promptly correct its erroneous practices’
Ministry of Foreign Affairs spokesman Lin Jian said "China will certainly take resolute measures to safeguard its legitimate rights and interests.”
Dow jumps 413 points in 5 minutes as Trump reassures markets ‘it will all be fine’
He also said that China’s leader, Xi Jinping, “doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!”
