Trump Media & Technology has replaced CEO Devin Nunes with Kevin McGurn following a 67% stock decline that eliminated over $6 billion in investor value.
The Trump administration finalized a 2.48% payment increase for Medicare Advantage insurers in 2027, exceeding industry expectations and boosting health insurance stock prices.
Target posted strongest sales growth in years while other major retailers showed varied performance amid changing market conditions.
Rising energy prices across Europe are increasing consumer interest in solar panels and heat pumps as alternatives to traditional energy sources.
Chinese biotech firm Innovent Biologics signed a major cancer drug development deal with Pfizer worth up to $10.5 billion.
China's central bank has directed commercial banks to boost May lending as the country faces persistent credit weakness and rising export costs.
Roche agreed to a $2.3 billion deal with Nurix Therapeutics for blood cancer drugs, while Haleon announced a $233.5 million investment in an India manufacturing plant.
Americans face higher costs for gasoline, electricity, and air travel as inflation affects summer activities and household expenses.
Multiple central banks and financial institutions issued guidance on monetary policy and market conditions amid ongoing economic uncertainty.
President Trump said Fed Chair Kevin Warsh should 'do whatever he wants' while criticizing potential interest rate increases in NBC interview.
Hedge fund Citadel has reportedly given some quantitative research staff in Hong Kong an ultimatum to relocate or quit their positions.
Federal Reserve policy direction remains unclear as markets anticipate cautious approach while Kevin Warsh's nomination progresses through Senate.
Trade groups and officials advocate for increased domestic oil and gas production in multiple countries to reduce foreign energy dependence.
US stock markets reached record highs driven by strong corporate earnings and AMD's AI forecast, while private payrolls added 109,000 jobs in April.
Major banks are experiencing renewed strength in deal-making activities while managing increased exposure to private equity transactions.
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