Global economic updates, market sentiment, and financial headlines.
I'm still bullish, largely on the S&P 500 earnings story, but the bond market has made this a harder call than it was a few weeks ago. The 30-year yield over 5% and the breakout in the 10-year yield are the charts keeping me awake lately.
A historic oil supply shock is now unraveling in real time. I detail what this potentially means for energy stocks and the broader market.
Crude (WTI July contract) prices traded above $104 in early Wednesday trading. Ten-year Treasury yields have jumped 90 bps since the Fed began its 175 bps rate-cutting cycle in September 2024.
Global earnings growth continues to support equities. U.S. economic data remains resilient despite energy shocks.
The semiconductor sector has dominated the AI investment narrative, driving strong returns across the hardware supply chain. Markets have likely overpaid for 'picks and shovels' AI hardware, with valuations now reflecting full optimism.
Despite a rough start to the week, the S&P 500 rallied in the back half to post its eighth consecutive weekly gain, its longest streak since 2023. Over the past 20 days, the average percent change from the intraday low to the intraday high is 0.84%.
NVIDIA once again delivered a blowout quarter, but investors increasingly questioned whether even exceptional results can justify extreme valuations across semiconductors and AI infrastructure. Geopolitics were driving violent swings in oil prices, Treasury yields, airlines, homebuilders, and energy stocks as investors attempted to price the probability of escalation versus a negotiated settlement.
Esther George, former president and CEO of the Federal Reserve Bank of Kansas City, discusses how the experience of the Fed attempting to look through the Covid-era supply shock might affect the way it is viewing the current situation due to the Iran war, and new Fed Chair Kevin Warsh's interest in reducing the size of the Federal Reserve's balance sheet.
As Kevin Warsh steps up to lead the Federal Reserve, the case for interest-rate cuts is disappearing. Plus, investment newsletter commentary on AI”s circular ecosystem, emerging markets, and SpaceX.
War, inflation and worries about the AI boom haven't kept stocks from setting records.
The S&P 500 was up for an eighth straight week, while the Dow closed at a record. Holiday Highs. It was a relatively quiet Friday ahead of the unofficial start to summer. Investors are still riding the wave of strong earnings, with tech taking a starring role once again.
Sam Vadas says consumer sentiment is at all time low and it's raising concern amongst the younger population for housing security. She also discusses Kevin Warsh sworn in as the new Fed Chair.
The Securities and Exchange Commission delayed a proposal that would allow crypto firms to trade tokenized stocks, reports say.
Heritage Foundation chief economist EJ Antoni and American Action Forum president Douglas Holtz-Eakin discuss the Federal Reserve's future after Kevin Warsh was sworn in as chairman on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #warsh #kevinwarsh #fed #federalreserve #economy #economics #finance #interestrates #inflation #markets #wallstreet #monetarypolicy #chairman #heritagefoundation
High gas prices drove consumer sentiment down to a new low in May. The University of Michigan's Index of Consumer Sentiment dropped by five points during the month, to 44.8, according to the Surveys of Consumers' final results for May.
Warsh takes over at a time when inflation has remained above the Fed's 2% target for over five years and is being further pressured by tariffs and the surge in oil prices. Inflation data is providing fresh evidence of the task facing Warsh: Wholesale prices soared 6% in April, pushed up largely by higher energy prices.
‘The Big Money Show' panel discusses markets rallying through Iran tensions as new Fed Chair Kevin Warsh promises a reform-oriented Federal Reserve.
Richard Fisher, Fmr. Dallas Fed President, joins 'Closing Bell' to talk what to expect from a Warsh-led Fed.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video?
Wall Street closed higher on Friday, with the Dow Jones Industrial Average reaching an intraday record high, as easing Treasury yields and optimism surrounding diplomatic efforts in the Middle East supported investor sentiment heading into the Memorial Day holiday weekend. The Dow gained nearly 295 points, or 0.59%, to close at approximately 50,580.
A pair of U.S. banking regulators have signed off on plans submitted by the nation's largest banks detailing how they could be safely unwound in bankruptcy.
Kevin Warsh is becoming Federal Reserve chair at a pivotal moment for the U.S. economy — forcing him to be something other than the disruptor he hoped to be.
Randall Kroszner, Fmr. Federal Reserve Governor, joins 'Power Lunch' to talk what to expect from the new Federal Reserve Chair Kevin Warsh.
Most of the companies leaving the index pay little or no dividends, one analyst found.
Goldman Sachs Vice Chairman Rob Kaplan, a former Dallas Fed president, spoke with Julie Fine after Kevin Warsh was sworn in as Fed Chair. Kaplan said he expects newly sworn-in Fed Chair Kevin Warsh will be independent from political influence, which is essential for the central bank to maintain credibility with the public and markets.
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Societe Generale Americas Head of Research Subadra Rajappa, Franklin Templeton Fixed Income CIO Sonal Desai, Capital Group Fixed Income Asset Class Lead Margaret Steinbach, and Baird Funds Co-Chief Investment Officer Warren Pierson.
Markets are rebounding higher as traders continue to remain optimistic for the peace deal. With Trump boasting about the rally to new records, nothing seems to be barring the path to all-time highs.
Stocks are on a winning streak and, despite a litany of risks, the outlook on Wall Street is rosy, analysts say.
Kevin Warsh was sworn in as the 17th chair of the federal reserve in a ceremony at the White House Friday. Speaking after taking his oath, Warsh called it the 'honor of a lifetime' to re-enter public service and promised that he will lead a 'reform-oriented' Fed.
Kevin Warsh delivers an address after being sworn in as chairman of the Federal Reserve.
CNBC's Kelly Evans discusses what monetary policy may look like under new Federal Reserve chair Kevin Warsh with Lawrence Lindsey of the Lindsey Group.
Thomas Hoenig, former Kansas City Fed president and former vice chairman of the FDIC, joins 'Squawk on the Street' to discuss his expectations for incoming Fed Chair Kevin Warsh and more.
Dow Jones hits a record high as Apple tops $4.5T and AI stocks rally while Iran talks boost sentiment across US markets.
U.S. Trade Representative Jamieson Greer said on Friday that the first round of formal negotiations to update the U.S.-Mexico-Canada trade agreement next week in Mexico City will focus on strengthening regional rules of origin and economic security provisions.
Solid earnings and a resilient economy could keep the rally going—even if the Fed starts thinking about interest rate hikes.
President Trump encouraged the new Fed chair to operate independently. Then, he signaled what he'd like to see.
U.S. Trade Representative Jamieson Greer said on Friday that there were no imminent U.S. tariffs expected to be imposed on semiconductors but that it was important to protect the sector with duties to facilitate reshoring of chip production.
Kevin Warsh has been sworn in as the 17th Chair of the Federal Reserve, with a mandate to lower interest rates and shrink the Fed's balance sheet. Warsh prioritizes reducing the Fed's $6.7 trillion balance sheet, especially long-term Treasuries and MBS, but must proceed gradually to avoid market disruptions.
Kevin Warsh delivers remarks after being sworn is as Federal Reserve Chairman. 00:00 Swearing-In Ceremony Introduction 00:26 Kevin Warsh Takes the Oath of Office 02:33 Remarks on Justice Clarence Thomas and Brett Kavanaugh 03:42 Acknowledgments of the Senate Banking Committee 04:15 Honoring the Legacy of Alan Greenspan 05:38 The Mandate: Price Stability and Maximum Employment 06:38 Vision for a Reform-Oriented Federal Reserve 07:15 Commitment to the National Interest
The rally back to records has made buying protection more affordable.
Heat treatment firm Bodycote said it received a 1.52 billion pound ($2.04 billion) takeover proposal from Apollo Global Management, and that the two were in talks, sending shares sharply higher.
President Donald Trump said at a White House ceremony Kevin Warsh would be “totally independent"
Wall Street's week was marked by elevated Treasury yields, rising oil prices, and geopolitical concerns, with stocks struggling to maintain momentum at the start.
Are equity markets underestimating risks? Why we may be facing another major oil spike.
The U.S. energy storage industry installed a record amount of capacity in the first quarter as utilities seek greater grid stability and lower costs amid rising demand for electricity.
Kevin Warsh says he'll lead a "reform-oriented" Federal Reserve and goals will be pursued with "independence and resolve." In the months leading up to his nomination, Warsh said the Fed was not lowering rates enough.
Government spending and inflation are sending long-term yields higher across the developed world. Will the 30-year Treasury yield 6% in a year?
VANCOUVER, BC / ACCESS Newswire / May 22, 2026 / VERTICAL EXPLORATION INC. (TSXV:VERT) ("Vertical" or "the Company") announces it has granted a total of up to 3,850,000 stock options to directors, officers and consultants of the company, exercisable at a price of $0.05 per share for a period of two years from the date of grant.
Kevin Warsh was sworn into office as the 17th chair of the Fed, promising the biggest shakeup in decades at the US central bank, and takes over at a tense moment for the economy and the central bank. Supreme Court Justice Clarence Thomas administered the oath at the White House.