The unverified rumor, since debunked, came from an anonymous X account named Walter Bloomberg.
Fed's priority should be to keep inflation in check: Kugler
"It should be a priority to make sure that inflation doesn't move up," Kugler said at the conclusion of a lecture on inflation dynamics to a Harvard University economics class. "We, all colleagues at the Fed, are very committed still to our 2% target and want to keep inflation expectations well anchored, which should be a priority now."
Oppenheimer Cuts Its Price Target on Walmart Stock
Oppenheimer cuts Walmart target due to anticipated impact of tariffs and the negative effect on discretionary spending later in the year.
European Stocks at One-Year Low as Trump Vows China Tariff Hike
(Bloomberg) -- European stocks plunged to the lowest in more than a year on Monday, as President Donald Trump issued a fresh tariff threat to China and foreign leaders raced to the negotiating table to persuade him to lower his steep tariff charges. Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsBoston Mayor Wu Embraces Trump Resistance as Cam
Wall Street dreamed of a resurgent IPO market under Trump—instead the window is firmly shut for Klarna, StubHub and other hopefuls
The founder of Athena Capital says she is now looking to 2026
What is a margin call and why is Wall Street terrified?
As a sea of red engulfed stock market trading screens on Monday, Donald Trump had a simple message for investors: “Don’t panic.”
Wall Street expects the Fed to rescue the economy from Trump tariffs, but an emergency rate cut now could spark more panic, analyst warns
"Unless the functioning of financial markets, such as the flow of credit, begins to seize up, there isn’t much the Fed can do."
Michael Saylor’s Strategy faces $5.9B Bitcoin loss — but still isn’t selling
After adopting fair-value accounting, Michael Saylor's Bitcoin-heavy firm braces for a $5.9B loss, marking a volatile shift in corporate crypto holdings' reporting.
Bitcoin and other cryptocurrencies see prices fall amid global market turmoil
After holding relatively stable during last week’s global market turmoil, cryptocurrencies have joined the sell-off. Bitcoin’s prices haven’t been this low since just after President Donald Trump’s Election Day victory last year launched a bull run in crypto prices. Trump, whose tariff announcements led to massive stock sell offs, has been a major promoter of the crypto industry and previously took credit when bitcoin’s price broke $100,000 in December.
Here's How Many Americans Own Stocks
Stocks have been hit hard. That’s cut into the wealth of a broad swath of Americans.