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BlackRock’s Ben Powell Calls for More Targeted Playbook in Markets

(Bloomberg) -- Global investors are facing a “fundamentally different epoch” in the financial markets that requires a different playbook with a more selective approach, according to BlackRock Investment Institute. Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyThere is a “need to move away

Vietnam PM Says US Trade Talks Should Not Hurt Other Markets

(Bloomberg) -- Vietnam’s prime minister has ordered his negotiation team to “thoroughly prepare” for tariff talks with the US, while avoiding any impact elsewhere, as the nation seeks to make swift progress in averting one of the largest US tariffs.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About

US Stock Futures Signal Rebound After Fed Concerns: Markets Wrap

(Bloomberg) -- US equity futures signaled a rebound from sharp declines on Monday spurred by concerns over President Donald Trump’s latest criticism of the Federal Reserve and the outlook for the American economy. Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyNashville’s $3 Billion Transi

Cement Maker Climbs 103% as Election Boosts Korean Meme Stocks

(Bloomberg) -- A South Korean cement maker’s stock has surged as retail investors pile into bets seen as tied to the nation’s upcoming presidential election and its front-runner Lee Jae-myung.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyNashville’s $3 Billion Transit Plan Brings a Call f

Explainer-What's known about whether Trump can fire Powell from the Fed

CAN TRUMP FIRE POWELL? Whether Trump has the authority to do so is unclear. The Federal Reserve Act of 1913 establishing the Fed stipulates that members of its Board of Governors, appointed by the president and confirmed by the Senate to staggered 14-year terms, can be only be removed for "cause" - long thought to mean misconduct, not policy disagreement.