Federal Reserve appoints UTEP alum to regional executive role
EL PASO, Texas (KTSM) — The Federal Reserve Bank of Dallas has named a University of Texas at El Paso alum as the vice president and regional executive for the El Paso branch, effective May 18.
Arturo Barrio, a UTEP alumnus, will focus on building relationships with local businesses and community groups to gain greater insight into the surrounding economy,
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Read MoreTesla Just Hiked Model Y Prices for the First Time Since 2024. Time to Buy the Stock?
Tesla (TSLA 2.89%) quietly nudged Model Y prices higher in the U.S. over the weekend. The Model Y Premium all-wheel drive and Premium rear-wheel drive trims each climbed $1,000 to $49,990 and $45,990, respectively, while the Performance all-wheel drive trim rose $500 to $57,990. The two entry-level Standard trims,
Read MoreCathie Wood Snatches Up $46.4 Million of the Hottest AI IPO of the Year. Here’s Why.
Just when some investors thought the artificial intelligence (AI) frenzy might have slowed down, another superstar entered. AI chipmaker Cerebras Systems (CBRS) made a stunning public market debut last week, instantly becoming one of the hottest IPOs of 2026.
Cathie Wood, known for her interest in disruptive technologies, also made her move.
Are Options Traders Betting on a Big Move in Edison International Stock?
Investors in Edison International EIX need to pay close attention to the stock based on moves in the options market lately. That is because the July 17, 2026 $32.50 Call had some of the highest …
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Read MoreSenate confirms Kevin Warsh as Federal Reserve chair
- Key insight: The Senate confirmed Kevin Warsh as Fed chair in a largely party-line 54 to 45 vote.
- What’s at stake: Warsh has pledged to keep monetary policy independent despite sustained pressure from President Donald Trump for lower interest rates.
- Forward look: Warsh takes the helm of the Fed as inflation metrics continue to climb,
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Read MoreThe Burst
Rocket Lab’s 340% Surge Hits a Roadblock—Is It a Buy Now?
Shares of space vehicle launch company Rocket Lab (NASDAQ:RKLB) have been through a wild ride over the last year. On a 12-month basis, the company’s stock has risen by over 340 percent on extremely strong growth and improving fundamentals.
On a 30-day basis, however, RKLB shares have lost almost 30 percent of their value.
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Read MoreThe Ivy
Why Stanley Druckenmiller Dumped AI Darling Palantir
Stanley Druckenmiller who famously helped George Soros break the Bank of England in 1992 has just ditched one of Wall Street’s most hyped artificial intelligence (AI) stocks.
So, what did he sell? Palantir Technologies (NYSE: PLTR). While most investors were busy chasing the AI boom, Druckenmiller was building a large position in a drugmaker.
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Read MoreThe Spotlight
Stagflation Is Here to Stay, How To Invest?
Back in the 1970s when stagflation took hold the world looked a whole different than it does today. Landlines have been replaced by mobile phones. TVs have been replaced by streaming apps. Records have been replaced by Spotify. But one thing that hasn’t changed is the definition of stagflation, a period where inflation rises at a more rapid pace than the economy.
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