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A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision making at the central bank. With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more imp

Chief executives of Walmart, Target and Home Depot reportedly warned Trump that supply chain disruptions would lead to empty shelves at U.S. stores in weeks.

Morgan Stanley analysts think Duolingo is speaking its language, setting a Street-high price target on the language learning company's stock.

The "Beige Book," as the report is known, captured early fallout from Trump's policies, describing a rush to buy cars ahead of higher import duties. There were accounts of prices that were changing quickly or about to rise sharply, and hints of layoffs to come. "Uncertainty around international trade policy was pervasive across reports," the U.S. central bank said in its latest snapshot of the nation's economic condition, based on surveys, interviews and observations collected from the commercial and community contacts of each of the Fed's 12 regional banks.

BTC surged past $90K this week, but can it hold? Gold also hit a record high amid global tariff tensions.

(Bloomberg) -- Subscribe to Economics Daily for the latest news and analysis.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesThe Racial Wealth Gap Is Not Just About MoneyBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisTo Fuel Affordable Housing, This Innovation Fund Targets Predevelopment CostsDonald Trump’s second term has begun with a renewed determination to curb the Federal Reserve’s

David Schwimmer, chief executive officer of the London Stock Exchange Group, said the flow of data around the world should be as big a concern as the flow of goods.

UK Chancellor Rachel Reeves and FTC head Andrew Ferguson are among those discussing the future of global energy at Semafor’s World Economy Summit.

(Bloomberg) -- Long-maturity Treasury yields declined Wednesday as part of a broader rally in dollar-denominated risk assets, after US President Donald Trump said he wasn’t inclined to fire the head of the Federal Reserve and suggested tariffs on Chinese imports could drop.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesThe Racial Weal

Shares of medical device company Boston Scientific (NYSE:BSX) jumped 8.5% in the pre-market session after the company reported first quarter 2025 results that beat analysts' sales and EPS expectations. Organic sales growth topped the company's own forecast and was led by a 25.6% surge in its Cardiovascular segment, a signal that demand in its largest business is accelerating. Looking ahead, its revenue guidance for next quarter exceeded Wall Street's estimates. Overall, we think this was a decen