Risk of Powell ouster is underpriced, Deutsche Bank strategist says
"Investors would likely interpret such an event as a direct affront to Fed independence, putting the central bank under extreme institutional duress."
Business
Here’s how a $1,000 ‘Trump account’ could swell to $100,000 by age 21—and $2 million by 60—even with modest contributions from families
Families can contribute up to $5,000 a year into Trump accounts, with employers allowed to chip in up to $2,500 of that amount.
Columbia may be nearing a truce with Trump in funding fight
It could set a precedent for deals with other universities President Donald Trump has gone after, including Harvard.
Markets wobble after Trump threatens Canada with 35% tariff over alleged ‘flow of Fentanyl’
The S&P 500 fell 0.33%, the Nasdaq dropped 0.23%, and the Dow dipped 0.63%.
California pampers its chickens and Americans pay the price, Trump argues in new DOJ lawsuit
The DOJ lawsuit blames California's animal welfare laws for soaring egg prices. Activists cry bird flu.
OpenAI’s $3 billion deal with AI coding startup Windsurf collapses, as Google swoops in for licensing deal
Windsurf will continue to operate as an independent company
The technie who allegedly showed Sam Altman and Jony Ive a drawing of an AI device just got sued by his former employer
Altman and Ive claim they chose the name "io" years ago, even though they saw prototypes made by a company named iyO, which is suing them and others.
Bitcoin reaches all-time highs as it surges beyond $113,000
After the top cryptocurrency spent much of the past few months over $100,000, a recent rally sent it to new heights.
Elon Musk’s Tesla finally sets a shareholder meeting date amid doubts about his long-denied $56 billion pay package
New York City Comptroller Brad Lander told Fortune the announcement was a “welcome, if belated, recognition that the rule of law applies to everyone—even the world’s richest man and his company.”
