News

Trump's search to replace Fed Chair Powell continues as new report says up to 11 names under consideration

The search for the next Fed chair continues to widen, with reports adding new private-industry names to the mix.

Bessent sees Nvidia, AMD China agreements as a model for others

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...

Fed cut seen near certain after inflation data, Bessent comments

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation ...

A top Wall Street strategist who says 'this is the best investing environment ever' is in the running to be the next Fed chair

On Tuesday, Rick Rieder, BlackRock Inc.'s chief investment officer of global fixed income and a frequent guest on financial television, told CNBC that this is the best investing environment ever. On ...