U.S. equity futures moved higher on Thursday as investors balanced renewed enthusiasm for artificial intelligence against geopolitical uncertainty surrounding the summit between Donald Trump and Xi Jinping.
At the same time, oil prices remained above $100 per barrel as markets looked for potential diplomatic progress on the Iran conflict.
Look behind traditional investment assets.
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The current market landscape is the most volatile we’ve seen in decades. From election cycles to inflationary pressure, it’s become impossible to count on solid returns solely from traditional methods of investments, like residential real estate or stocks.
» Read more about: Investments To Consider Beyond Traditional Real Estate And Stocks »
Friday, May 15, marks Jerome Powell’s last day as Federal Reserve chair, with his presumed successor, Kevin Warsh, taking over. Powell will remain on the Fed’s Board of Governors until early 2028, but with Warsh at the helm, the central bank could be poised for sweeping changes.
Warsh is taking over at a particularly tricky time,
India faces challenge of bridging BRICS rift over Iran war
India faces the challenge of bridging deep divisions within the BRICS bloc gathering in New Delhi this week, as members remain split over the Middle East conflict.
New Delhi is hosting the two-day BRICS foreign ministers’ meeting,
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With the next Federal Reserve meeting not scheduled until June 16, homebuyers and owners looking to refinance may understandably be under the impression that today’s mortgage rates aren’t likely to change anytime soon.
» Read more about: What are today's mortgage interest rates: May 14, 2026? »
My husband is 61. I’m 57 and still working.
He is retired,
It was a dark Friday for Wall Street on 27 March. Oil prices were climbing and the war with Iran raged on. Markets responded accordingly, with the Dow and Nasdaq entering correction territory, falling more than 10% below their peak, after a month of selloffs.
Fast forward seven weeks later to 13 May,
Kevin Warsh, nominated by President Donald Trump as the next chair of the Federal Reserve, was confirmed Wednesday by the Senate in a 54-45 vote.
Pennsylvania Democrat John Fetterman joined all Republicans in voting to confirm Warsh.
Warsh will replace Fed chair Jerome Powell, who has served as chair of the Federal Reserve since 2018.
» Read more about: Trump’s pick for Federal Reserve Chair confirmed by Senate »