The Trump administration on Thursday urged the Federal Appeals Court to allow the firing of Federal Reserve Governor Lisa Cook to take effect before the central bank’s interest rate-setting meeting next week. read more
Warner Bros. Discovery’s stock soared to a record high amid takeover talks with Paramount Skydance, reflecting strong market momentum and significant gains this year. read more
Leading cryptocurrencies rallied alongside stocks on Thursday as investors raised risk appetite in anticipation of interest rate cuts. read more
U.S. Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng in Madrid next week for high-stakes talks on tariffs, agriculture and TikTok’s looming U.S. divestment deadline, as trade tensions deepen with Chinese exports to the U.S. plunging 33%. read more
Cathie Wood-led Ark Invest sold shares of Tempus AI, bought Bullish, Amazon, and Figma. The moves align with recent achievements and advancements of the companies. read more
The S&P 500 gained 0.85% to close at 6,587.47, the Nasdaq advanced 0.72% to 22,043.07, and the Dow surged 1.36% to 46,108. read more