Big Changes Are Coming to the Federal Reserve Tomorrow, and It Could Spell Trouble for Wall Street
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,
US Iran war news live: Trump hails US-China ties as among history’s most 'consequential relationships'
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,
5 Tech Stocks in Billionaire Ken Fisher’s Portfolio
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
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Read MoreThe Burst
Market Commentary: #1 Oil Stock, Period
It’s easy to get distracted by the energy sector when Buffett is snapping up Occidental Petroleum shares with abandon and already owns so much of Chevron. But arguably both should be cast aside in favor of what might well be the #1 stock in the sector, Exxon Mobil.
With a market capitalization of around $400 billion and generating revenues of $338 billion,
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Read MoreThe Ivy
1 Stock To Survive Any Market
Amid increasing uncertainty, investing in an industry resilient to economic downturn, such as the automotive sector, might be wise. The sector has shown enduring strength over time and typically bounces back from periods of economic downturn. Its strength is predicted to continue, and it is ready for progress and invention until 2035.
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Read MoreThe Spotlight
1 Stock To Buy If Mobile Ad Spending Explodes
Mobile apps have become a massive business opportunity. There are nearly 900,000 app publishers worldwide, with more than 41,000 in the United States. Some of the biggest names include Roblox, Oppana Games, Innersloth, and Play365. However, many app publishers are small companies with just a few developers on staff.
Of the 2.75 million apps on the market,
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