Business
Heard on the Street Recap: Silver Scream
President Trump picked Kevin Warsh to be the next chairman of the Federal Reserve, choosing a former Fed official who has aligned himself with the president’s criticism of the central bank. Some market participants see Warsh as a relatively safe option, given his Fed experience and his track record as an inflation hawk. That could make him more resistant to calls from the administration to slash interest rates. President Trump said Warsh didn’t commit to cutting interest rates in an interview for the job, but he added “he certainly wants to cut rates.”
The announcement helped the dollar and hammered precious metals Friday. Silver prices crashed 31%, their second worst day on record. Gold plunged 11%. Both suffered their worst one-day slides since 1980. Silver has had a meteoric rise, smashing through a 45-year old record high in October and more than doubling from there. Earlier this month, Heard editor Aaron Back recommended selling silver.
Major U.S. indexes fell. The Nasdaq composite declined 0.9%, the S&P 500 and the Dow each fell 0.4%. Longer-term bond yields edged higher. Apple gained a meager 0.5% despite posting blowout iPhone sales and quarterly profit. Investors were concerned by rising costs, particularly for memory components.
Ecolab Buys CoolIT Systems for $4.75 Billion. It’s All About AI for the Struggling Stock.
Arm Holdings Gets a Double Upgrade. Why AI Is a Game Changer for the Chip Stock.
Traders have increasingly bid up prices for longer-term oil supplies in response. Contracts for Dec. 2027 deliveries of Brent crude now run about $78 a barrel, up from less than $66 a month ago. While those figures don’t represent a price forecast, they signal how producers, consumers and traders are factoring in protracted risks from the war.
Taiwan says delayed US F-16s to start arriving this year
Business
Accounting Firm Baker Tilly Is Spinning Off $5.8 Billion Wealth Management Arm Into Independent RIA
Accounting Firm Baker Tilly Is Spinning Off $5.8 Billion Wealth Management Arm Into Independent RIA
Trump order aims to keep Army-Navy in exclusive TV window
Palantir Stock Is in the Red This Year. Why Analysts Say It’s Still an AI Winner.
It’s been a volatile few days for the buzziest IPO of the week.
A wave of mom-and-pop investors sent shares of small drone-software company Swarmer soaring after it went public on Tuesday. Then yesterday, shares started falling, and the declines accelerated in Friday’s trading session.
Swarmer priced its IPO at $5 a share. The stock climbed to close trading on Wednesday at $55. It recently traded at $39.25 a share, down 25% from yesterday’s close but still well above its $5 IPO price.
Dell Stock Is a Big Winner in the Super Micro Scandal. Why That May Be Overblown.
Do food and toiletries belong in the same place? For almost 100 years, the answer for consumer-goods behemoth was yes. Not anymore.
Unilever said Friday it was in talks with spice maker McCormick about a sale of its food business, which includes Hellmann’s mayonnaise and Knorr stock cubes. News of a potential deal, which could be valued at tens of billions of dollars, confirmed an earlier Wall Street Journal report.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
check the description to know more #business #farming #investment #money
Tottenham vs Nottingham Forest: Prediction, kick-off time, TV, live stream, team news, h2h results, odds
Keith Urban’s Daughters ‘Cut Off Contact’ With Singer Amid Parents’ Divorce
-
Tech6 days agoYour Legally Registered ‘Motorcycle’ Might Not Count Under Proposed US Law
-
Fashion1 day agoWeekend Open Thread: Adidas – Corporette.com
-
Politics1 day agoJenni Murray, Long-Serving Woman’s Hour Presenter, Dies Aged 75
-
Tech4 days agoAre Split Spacebars the Next Big Gaming Keyboard Trend?
-
News Videos3 days agoRBA board divided on rate cut, unusually buoyant share market | Finance Report | ABC NEWS
-
Crypto World3 hours agoBest Crypto to Buy Now: Strategy Just Spent $1.57 Billion on Bitcoin During Fear While Early Investors Quietly Enter Pepeto for 150x Potential
-
Crypto World4 hours agoBitcoin Price News: Bhutan Sells $72 Million in BTC Under Fiscal Pressure, but the Smart Money Entering Pepeto Sees What the Market Does Not
-
Business6 days agoSearch for Savannah Guthrie’s Mother Enters Seventh Week with No Arrests
-
Crypto World1 day agoNIO (NIO) Stock Plunges 6.5% as Shelf Registration Sparks Dilution Worries
-
Business6 days agoAustralian shares drop as Iran war enters third week
-
Crypto World6 days agoCrypto Lender BlockFills Enters Chapter 11 with Up to $500M in Liabilities
-
Politics4 days agoThe House | The new register to protect children from their abusers shows Parliament at its best
-
Fashion6 days ago25 Celebrities with Curly Hair That Are Naturally Beautiful
-
Tech2 days agoinKONBINI Lets You Spend Summer Days Behind the Register
-
Crypto World3 days agoCanada’s FINTRAC revokes registrations of 23 crypto MSBs in AML crackdown
-
Politics4 days agoReal-time pollution monitoring calls after boy nearly dies
-
NewsBeat3 days agoResidents in North Lanarkshire reminded to register to vote in Scottish Parliament Election
-
News Videos3 days agoPARLIAMENT OF MALAWI – PAC MEETING WITH REGISTRAR OF FINANCIAL ON AMARYLLIS HOTEL – INQUIRY LIVE
-
Business6 days agoMeta planning major layoffs as AI spending and automation reshape workforce
-
Politics7 days ago9 Stylish Leather Jackets Perfect For Spring 2026
You must be logged in to post a comment Login