The Trump administration’s extraordinary criminal investigation of Federal Reserve Chair Jerome Powell is over, removing significant uncertainty that had been clouding the future of the world’s most important central bank. Jeanine Pirro, the US Attorney for the District of Columbia, announced on X Friday she is closing the probe. In the investigation’s place, the Fed’s…
Stellantis will focus the majority of its investment on its core Jeep, Ram, Peugeot and Fiat brands under CEO Antonio Filosa’s strategic plan due to ​be announced in May, five sources said, with a “material increase” to their funding. Source link
Palantir Technologies (PLTR 0.60%) stock is down 30% from its record high, partly due to concerns about its valuation but also because some investors have rotated away from risky growth stocks in favor of safer assets amid economic uncertainty created by the Iran conflict. Palantir has a long history of building software for the U.S….
People visit Bugatti booth during the Consumer Electronics Show (CES) 2026 on January 6, 2026 in Las Vegas, Nevada. Zhang Shuo | China News Service | Getty Images Porsche AG has agreed to sell its 45% stake in supercar brand Bugatti Rimac, fully exiting the joint venture that houses the iconic brand. Porsche and Croatian…
Nearly six months after announcing it was expanding to New Orleans, autonomous ride-hailing company Waymo has yet to debut driverless vehicles on Crescent City streets. Though the white SUVs topped with spinning sensors and covered in cameras and radars have been spotted in New Orleans neighborhoods in recent months, company “specialists” are still behind the…
Intel’s latest earnings report showed big demand for central processing units, or CPUs, as companies rush to build out their artificial intelligence capabilities, sending its stock surging. The numbers led investors to scoop up shares of another major chipmaker: Advanced Micro Devices. AMD shares soared more than 12% on Friday as Wall Street analysts were…
Intel (INTC) stock rocketed more than 20% higher in early trading Friday following a first quarter earnings report that beat analysts’ expectations on the top and bottom lines and provided better-than-anticipated Q2 guidance on strong data center sales. Intel said on Thursday that it expects revenue of between $13.8 billion and $14.8 billion for the…
It is unusual for a senior figure at the Bank to be so forthright on market movements. Source link
Over the past decade, global companies have spent more than $90 billion in Louisiana building new liquefied natural gas export facilities and petrochemical plants — investments that have been largely driven by the state’s cheap, abundant natural gas. At the same time, job growth in Louisiana has remained flat and the state’s population has declined…
