US Politics & Business News
The full United States Senate is expected to vote this week on the confirmation of Kevin Warsh as the next chair of the Federal Reserve, with the confirmation likely to land before Jerome Powell’s term as chair expires on May 15. The vote would make Warsh the 17th Fed chair in history and place him…
Rackspace Technology surged more than 12% in trading after the cloud computing company announced a memorandum of understanding with chipmaker Advanced Micro Devices [NASDAQ: AMD] to co-develop an enterprise AI cloud platform specifically designed for regulated industries and sovereign workloads, a market that has seen growing demand from financial services, government, and healthcare organisations seeking…
A newly published editorial in the Foreign Policy Journal has delivered one of the harshest assessments yet of American strategy in the Iran war, describing the US campaign as a “blatant failure” and laying significant blame at the feet of Defense Secretary Pete Hegseth for overestimating Washington’s ability to achieve regime change without deploying ground…
Alphabet Inc. (NASDAQ: GOOGL / GOOG) shares climbed approximately 7 percent in Thursday’s session after the company posted its most impressive quarterly results since the generative AI boom began. Google Cloud revenue hit $20.03 billion for the first quarter of 2026, a 63 percent year-on-year increase that more than doubled analyst expectations for the segment…
The Trump administration finds itself managing multiple domestic controversies simultaneously with the Iran war diplomacy, after an executive order on automatic selective service registration for American men attracted significant national attention and the president posted an AI-generated image likening himself to Jesus Christ, drawing criticism from conservative religious commentators as well as his political opponents….
The United Kingdom’s economy grew 0.5% in February, the fastest monthly expansion since January 2024, according to official data released by the Office for National Statistics on Thursday. The figure exceeded analyst forecasts of just 0.1% and came alongside an upward revision to January’s previously reported flat reading, now showing 0.1% growth instead. For the…
Wall Street ended the week on a cautiously optimistic note on Friday, with the S&P 500 edging up 0.2% and the Nasdaq adding 0.4%, as investors balanced the relief of a fragile US-Iran ceasefire against lingering uncertainty over the Strait of Hormuz and a consumer sentiment reading that landed at a historic low. The broader…
Goldman Sachs is scheduled to report first-quarter 2026 earnings on April 13, the first major bank to report and therefore the first institution-level data point that will tell investors how Wall Street itself navigated one of the most volatile quarters in years. Goldman is expected to deliver on multiple fronts: trading revenues typically benefit from…
NXP Semiconductors is a NASDAQ 100 company, with a market capitalization of $49 billion. Every major technological transition in modern history has required an enabling layer that the public rarely sees. The railways needed steel and signalling. The internet needed fibre and switching equipment. The current wave of electrification, automation, and intelligent connectivity is no…
Markets spent the morning of April 2 digesting a reality that the previous two sessions’ relief rally had refused to price in: Trump’s primetime address to the nation on Wednesday night was not the off-ramp investors were waiting for. S&P 500 futures fell 1.29% overnight after the speech, Nasdaq 100 futures lost 1.59%, and Dow…