The Commodity Futures Trading Commission headquarters in Washington, DC, US, on Friday, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images U.S. President Donald Trump has picked Michael Selig as the Commodity Futures Trading Commission’s chair, an administration official and Selig himself said on Saturday. Selig is chief counsel for the CFTC’s crypto task…
Timothy Mellon, seen outside an inspection train during a property tour in 1981. Exact date and location unknown. AP Photo The mystery donor whose $130 million contribution is meant to pay U.S. military troops during the government shutdown is Timothy Mellon, an heir to a renowned Gilded Age banking family, The New York Times reported…
Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away. While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed…
Ontario Premier Doug Ford said Friday the province will pause airing a television ad featuring former President Ronald Reagan criticizing tariffs so that U.S.-Canada trade talks can resume — but only after the ad is shown during the first two World Series games this weekend. Ford’s move means millions of World Series viewers will see…
Traders work on the floor of the New York Stock Exchange on July 23, 2025 in New York City. Spencer Platt | Getty Images U.S. stocks reached new heights on Friday as cool inflation data spurred optimism among investors that the Federal Reserve can stay on its rate-cutting path, boosting the U.S. economy and justifying…
Senior Chinese officials speak at a press conference of the Central Committee of the Chinese People’s Congress after the Chinese Communist Party concluded its Fourth Plenum. Picture Alliance | Picture Alliance | Getty Images BEIJING — China’s top leaders on Thursday pledged to boost domestic consumption over the next five years, alongside widely expected plans…
Intel CEO Lip-Bu Tan holds a wafer of CPU tiles for the Intel Core Ultra series 3, code-named Panther Lake, outside the Intel Ocotillo campus in Chandler, Arizona. Panther Lake is the first client system-on-chips (SoCs) built on the Intel 18A process node. Courtesy: Intel Intel reported better-than-expected revenue on Thursday, signaling that demand for…
Oil prices jumped more than 5% on Thursday after the Trump administration imposed further sanctions on Russia’s two largest crude companies, citing Moscow’s “lack of serious commitment to a peace process to end the war in Ukraine.” Global benchmark Brent rose $3.37, 5.4%, to $65.96per barrel by 6:25 a.m. ET. U.S crude oil rose $3.26,…
Elon Musk attends ‘Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk’ session during the Cannes Lions International Festival Of Creativity 2024 – Day Three on June 19, 2024 in Cannes, France. Marc Piasecki | Getty Images Tesla reported a 12% increase in third quarter revenue on Wednesday following two straight…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2025. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Stocks fell slightly on Wednesday as traders assessed the latest batch of corporate earnings. The Dow Jones Industrial Average traded 92 points lower, or 0.2%. The S&P 500 fell…
