Current Fed Chair Jerome Powell has faced a barrage of criticism from Trump over his refusal to slash interest rates as much as the president wants.
The listing gives public investors their first direct stake in Ackman's investment platform, which runs a concentrated portfolio of 10 large-cap names.
While OpenAI and Microsoft remain partners, the AI company has been rapidly pushing into Amazon's world.
Someone sold upside call exposure in the SPDR Gold ETF (GLD) while simultaneously buying downside put exposure in a two-pronged trade.
Amazon, Alphabet, Meta and Microsoft report quarterly results after the bell, and OpenAI is likely to be a big topic across the board.
Taco Bell's same-store sales increased 8% in the quarter, fueling the company's outperformance.
The continent must "fight for every cargo" in what analysts have dubbed a "global stress test" for the airline industry.
AstraZeneca and GSK, the U.K.'s second and ninth most valuable companies, both saw first-quarter profits beat expectations early Wednesday.
The latest move higher comes amid reports that the U.S. will look to extend its blockade of Iranian ports.
Children can create Instagram and Facebook accounts simply by inputting a false birth date, a preliminary EU investigation found.
Oil prices continued to rise on Wednesday after U.S. President Donald Trump appeared to threaten Iran in a TruthSocial post.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was broadly unchanged at 4.358%.
The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.
The combination would create the world’s largest elevator maker and marks one of Europe's biggest takeovers in recent years.
The big guns of the U.K. savings industry have launched a campaign to persuade households to "squirrel" money away. The big question is whether it will succeed.
European stocks are expected to open broadly lower on Wednesday as investors react to the latest upset for OPEC and renewed concerns over the AI sector.
UBS reported its first quarter earnings on Wednesday, with net profits beating analyst estimates.
Regional uncertainty hangs over the previously booming AI infrastructure and data center sector in the region.
The United Arab Emirates' decision to leave OPEC is reverberating across global energy markets, sparking the question of who else could follow.
The alert said China purchases approximately 90% of Iran's oil exports, with teapot refineries accounting for the majority of these imports.
The first-quarter inflation figure was lower than the 4.2% expected by economists polled by Reuters.
Just as oil prices are looking stable (albeit higher) due to a ceasefire, the market took another blow as the United Arab Emirates exited the OPEC.
Optimism around tech stocks took hit as the Wall Street Journal reported that OpenAI's revenue and new users growth was below its own targets.
One CEO said people should be using AI to understand their health much more than they already do.
The Pentagon's AI chief discussed the DOD's expanded use of Google Gemini after the blacklisting of Anthropic.
In what could be Jerome Powell's final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach.
U.S. Treasury yields rose on Tuesday as investors awaited developments on negotiations between the U.S. and Iran, which hit an impasse over the weekend.
The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
OpenAI's generative AI models are becoming available on Amazon's cloud a day after the AI company revamped its relationship with longtime partner Microsoft.
Airbus' first-quarter adjusted operating profits declined by 52% to 300 million euros, from 624 million euros in the same period last year.
Dimon, who runs JPMorgan Chase, the world's largest bank by market cap, said that today's growing mix of risks could combine in unpredictable ways.