WATCH LIVE: Powell’s last Federal Reserve interest rate decision before stepping down
Federal Reserve Chair Jerome Powell will hold his final press conference at 2:30 p.m. Wednesday to discuss the policymakers’ interest rate decision ahead of his planned departure on May 15.
The appearance comes at a pivotal moment for the central bank as it weighs whether to change interest rates amid lingering inflation concerns and President Donald Trump‘s demand that rates need to drop.
Read MoreIs Repay Holdings (RPAY) One of the Best Tech Penny Stocks According to Hedge Funds?
Repay Holdings Corporation (NASDAQ:RPAY) is one of the best technology penny stocks to invest in according to hedge funds. On April 17, Repay Holdings confirmed receiving an unsolicited, non-binding proposal from Forager Capital Management LLC to acquire all outstanding shares of the company.
Read MoreTrump Unveils New Retirement Plan With Federal Match
A sweeping change to how Americans can save for retirement is now underway after President Donald Trump signed an executive order aimed at expanding access to savings accounts for millions of workers.
According to the New York Post, the move targets a long-standing gap in the system: tens of millions of Americans who do not have access to employer-sponsored retirement plans like 401(k)s.
» Read more about: Trump Unveils New Retirement Plan With Federal Match »
Read MoreAmerica's national debt is now larger than the entire economy
The US national debt passed another grim milestone Thursday when the latest data showed that government debt held by the public — the most conservative way to measure what is owed — has surpassed America’s total annual economic output.
As of Tuesday, government debt held by the public is about $31.27 trillion, according to the US Treasury.
» Read more about: America's national debt is now larger than the entire economy »
Read MoreTrump Hits EU With 25% Auto Tariff: Will ETFs Shield Your Portfolio?
In a move that sent shockwaves through global equity markets on the very first trading day of May 2026, Donald Trump announced a proposal to impose a 25% tariff on all European-made cars and trucks. This protectionist shift threatens to destabilize an already fragile recovery in the European automotive sector, potentially costing manufacturers billions in annual revenues.
» Read more about: Trump Hits EU With 25% Auto Tariff: Will ETFs Shield Your Portfolio? »
Read MoreThe Burst
How Zuckerberg Can Seize The Next Trillion
CEO Mark Zuckerberg doesn’t get as much credit as he may deserve for his ferocity and tenaciousness. As the head of Meta, he is widely viewed as the dorky tech guy who stumbled upon a great idea and just happened to build a big social media business.
The truth is he’s a harsh competitor,
» Read more about: How Zuckerberg Can Seize The Next Trillion »
Read MoreThe Ivy
75 Billion Reasons To Own Google
Alphabet (Google’s parent) has significantly ramped up research and development spending in recent years. In 2022, Google spent about $39.5 billion on R&D, which jumped to $45.4 billion in 2023. This ~15% increase was driven largely by higher personnel costs (adding thousands of engineers) and one-time charges like office space consolidation.
R&D now represents roughly 15% of Google’s annual revenue,
» Read more about: 75 Billion Reasons To Own Google »
Read MoreThe Spotlight
Insights: 1 Sporting Stock Billionaire Bet $500 Million On
When Stephen Mandel makes a big bet, it’s worth finding out why. He’s the President and portfolio manager at Lone Pine Capital, a $10 billion fund based in Greenwich, Connecticut.
As we analyzed his portfolio, it became clear why he’s running a billion dollar fund – just about every stock in his portfolio is undervalued on a discounted cash flow forecast basis.
» Read more about: Insights: 1 Sporting Stock Billionaire Bet $500 Million On »