Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
aashura Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, taking over the central bank at a…
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Jensen Huang joins Trump’s China trip after the U.S. president called the Nvidia CEO
Jensen Huang, CEO of Nvidia speaks with CNBC on May 5, 2026. CNBC BEIJING — Nvidia CEO Jensen…
HSBC shares drop as first-quarter pre-tax profit misses estimates
Europe’s largest lender, HSBC, reported first-quarter pre-tax profit of $9.4 billion on Tuesday, missing analysts’ estimates on the…
Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield
Stablecoin yield would be prohibited under a newly released agreement addressing that contentious part of the crypto market…
Federal judge blocks Arizona from bringing criminal charges against Kalshi
A federal judge has blocked the state of Arizona from bringing criminal charges against prediction market provider Kalshi,…
Fed officials still foresee rate cut this year, despite war impacts, minutes show
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at…
Powell sees inflation outlook in check, no need to hike rates because of oil shock
Federal Reserve Chair Jerome Powellin a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations…