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The Supreme Court has recognized the Federal Reserve as a special case among the government’s numerous independent agencies — one that requires protection from White House interference. The distinction is less than clear-cut in legal terms. As a practical matter, however, preserving the central bank
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SpaceX is joining the Nasdaq 100 Index and analysts at big global brokers are recommending investors buy shares.
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Iraq has raised production from three key projects in the country’s oil heartland to full capacity as tankers have started arriving to export cargoes, a person familiar with the operations said.
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US stock futures pointed to renewed weakness in technology shares after Samsung Electronics Co.’s earnings failed to satisfy investors, renewing pressure on chipmakers across global markets.
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Trading Day: Chips bounce back, oil eases Reuters
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Stocks fell as volatility hit chipmakers anew after blowout earnings from Samsung Electronics Co. left investors wanting even more. Bonds fell as oil rose by the most in more than a week.
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General Fusion expected to become the first publicly traded, pure-play fusion company
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Asian stocks tumble on AI jitters after Samsung forecast; oil stable Reuters
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Asian tech stocks slumped, as investors used Samsung Electronics Co.’s results to lock in profits on a stellar year-to-date chip rally, rotating into unloved sectors less prone to earnings shocks.
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China’s central bank announced a slew of measures aimed at enhancing Hong Kong’s role in promoting overseas use of the yuan as well as boosting the city’s financial connectivity with the mainland.