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Wall Street Is Worrying About Fed Rate Hikes
Barrons.com90d agoneutral
Wall Street Is Worrying About Fed Rate Hikes

Hotter-than-expected consumer and wholesale price readings this week have rattled investors, who were already fretting about the war in the Middle East driving up fuel costs. President Donald Trump said overnight that the U.S. doesn’t need the Strait of Hormuz open “at all,” adding to worries that the stalemate between the U.S. and Iran could drag on.

FedEx Freight Spin Off Sets Stage For Sharper Focus At FDX
Simply Wall St.90d agoneutral
FedEx Freight Spin Off Sets Stage For Sharper Focus At FDX

FedEx has received final board and regulatory approvals to spin off its FedEx Freight segment as a separate company. Shares of FedEx Freight will be distributed to existing FedEx shareholders on a tax-free basis. FedEx Freight is set to begin independent trading on the NYSE under the ticker "FDXF" on June 1, 2026. For investors tracking NYSE:FDX, this spin-off comes after a period in which the stock is at $379.98, up 68.1% over the past year and 75.6% over 3 years. The separation of the...

Dollar Rallies Toward Best Week Since March on Fed Hike View
Bloomberg90d agoneutral
Dollar Rallies Toward Best Week Since March on Fed Hike View

(Bloomberg) -- The dollar is heading for its best week in two months after US data showed price pressures that could push the Federal Reserve to raise interest rates over the next year.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That China Will Open Up MoreTrump Says China Offered Help on Iran as Sh

XRP Price: Why Ripple’s Institutional Wins Keep Piling Up Without an XRP Rally
24/7 Wall St.90d agobullish
XRP Price: Why Ripple’s Institutional Wins Keep Piling Up Without an XRP Rally

XRP (CRYPTO: XRP) broke above the $1.45 resistance yesterday, touching $1.50 after the CLARITY Act committee vote before pulling back to $1.47. The Senate Banking Committee passed the CLARITY Act—the bill that would lock XRP’s commodity status into federal law—by a 15-9 vote on May 14, with two Democrats, Ruben Gallego of Arizona and Angela ... XRP Price: Why Ripple’s Institutional Wins Keep Piling Up Without an XRP Rally

10-Year Treasury Yield Nears Highest Level in Nearly a Year
The Wall Street Journal90d agoneutral
10-Year Treasury Yield Nears Highest Level in Nearly a Year

The benchmark 10-year U.S. Treasury yield is rising toward its highest level in nearly a year, as rising oil prices fan fears about inflation again. The yield topped 4.54% in early trading this morning, as Brent crude futures rose above $109 barrel. President Trump's summit with Chinese leader Xi Jinping concluded this morning, and while Trump said both he and Xi want the war to end, the meeting publicly yielded little in the way of concrete steps toward a resolution.

Stock Futures Drop as Higher Yields and Oil Prices Spook Markets
Barrons.com90d agoneutral
Stock Futures Drop as Higher Yields and Oil Prices Spook Markets

Stocks looked set to fall on Friday as investors fretted about soaring Treasury yields and President Donald Trump’s summit with China's leader Xi Jinping concluded without any meaningful breakthrough on trade. “For some time, analysts have been puzzled by equity markets’ resilience in the face of rising bond yields and clear inflationary pressures,” said Kathleen Brooks, research director at the foreign-exchange brokerage XTB. “Today we may see the pressure of rising bond yields start to weigh on equities, and futures prices suggest that U.S. indices will pull back from record highs later today and could close the week on a dampener.”

ServiceNow AI Partnerships Aim To Turn Pilot Projects Into Core Workflows
Simply Wall St.90d agobullish
ServiceNow AI Partnerships Aim To Turn Pilot Projects Into Core Workflows

ServiceNow (NYSE:NOW) and Accenture launched a forward-deployed engineering program to embed AI-native teams directly into client environments. The program focuses on moving agentic AI and workflow automation projects from pilots into full production at enterprise scale. ServiceNow expanded its partnership with FedEx Dataworks, integrating real-time logistics data into Source-to-Pay workflows. The FedEx Dataworks integration targets automated responses to supply disruptions and more...

Enphase (ENPH) Soars 14% on Demand Surge Ahead of Tax Credit Deadline
Insider Monkey90d agobullish
Enphase (ENPH) Soars 14% on Demand Surge Ahead of Tax Credit Deadline

Enphase Energy Inc. (NASDAQ:ENPH) is one of the 10 Stocks With Unbelievable Gains. Enphase Energy rallied for a second day on Thursday, soaring 14.31 percent to close at $48.01 apiece, as investors cheered a new marketing strategy to lure more commercial customers for its most powerful microinverter to date before the looming deadline of federal […]

Wells Fargo sees writing on the wall about the next Fed rate cut
TheStreet90d agoneutral
Wells Fargo sees writing on the wall about the next Fed rate cut

Wells Fargo made a significant call on interest rates six weeks ago. On May 13, its economists made a different one. And the reasoning behind the reversal says something important about how this bank reads the current inflation environment. The disagreement between Wells Fargo and two other major ...

Tesla robotaxi rollout features long wait times, safety concerns
Reuters Videos90d agoneutralVIDEO
Tesla robotaxi rollout features long wait times, safety concerns

<body><p>STORY: Tesla's robotaxi service is experiencing significant operational problems in Texas, raising questions about CEO Elon Musk’s ambitious vision for a near future full of driverless cars.</p><p>Reuters testing in Dallas, Houston and Austin found long wait times exceeding 30 minutes, limited availability and navigation problems.</p><p>In one case, a 20‑minute trip in Dallas stretched to nearly two hours.</p><p>The service remains confined to those three Texas cities despite Musk predicting last July that robotaxis would serve half the U.S. population by the end of 2025.&nbsp;</p><p>Much of Tesla’s $1.6 trillion valuation hinges on investor belief that the company will soon unleash a vast fleet of robotaxis.</p><p>But analysts say the expansion is moving slower than expected, with Musk now describing a more “cautious approach” to avoid injuries or fatalities.</p><p>In the meantime, experts have raised concerns about the technology's limits, including Peter Stone, a computer science professor at the University of Texas at Austin.</p><p>“People, at least so far, tend to be much better at unexpected situations and being able to reason about something that you've never seen before. But to be able to figure out on the fly what to do, especially if you're using a machine learning-based system, it relies critically on the training data that's been given. And if you come up with a completely, what's known as out of distribution, which is sort of a code word for just new or novel situation, then it's going to be much more difficult for a software-based system to react than people are.”&nbsp;</p><p>Police in Austin said Tesla's robotaxis tend to ignore posted speed limits, noting that vehicles in test rides last year drove 5 mph above the speed limit.&nbsp;&nbsp;</p><p>Since August, Tesla has reported 15 robotaxi crashes in Austin to federal regulators.</p><p>Most did not involve injuries, but one involved someone being&nbsp;sent to the hospital.</p><p>Tesla has requested that all information about the incidents be kept confidential, according to police.</p><p>Tesla did not respond to Reuters requests for comment.</p></body>

Jerome Powell's last day as Fed chair: What to watch tomorrow
Yahoo Finance Video90d agoneutralVIDEO
Jerome Powell's last day as Fed chair: What to watch tomorrow

Yahoo Finance's Josh Lipton takes a look at the top stories for investors to watch on Friday, May 15, including Cerebras' (CBRS) second trading day, day two of President Trump's summit in China with President Xi, and Federal Reserve Chair Jerome Powell's last day in office.

Is Negative Sentiment in Bonds a Reason to Buy?
Barchart91d agobullish
Is Negative Sentiment in Bonds a Reason to Buy?

Rising oil prices are lifting inflation indicators and weighing on bond prices. Sentiment in the U.S. government bond market is bearish, which could explain why the odds favor the upside.

The market shakes off hot inflation data
TheStreet91d agoneutral
The market shakes off hot inflation data

We got a hot April Consumer Price Index (CPI) number, driven in a big way by energy costs, but even core CPI was surprisingly high, driven by a jump in shelter costs for the first time in a while. The April Producer Price Index (PPI) was even further above estimates. On May 12th, the ...

FCC approves Verizon's $1 billion spectrum purchase
Reuters91d agoneutral
FCC approves Verizon's $1 billion spectrum purchase

WASHINGTON, May 14 () - The Federal ‌Communications Commission ‌said Thursday it has ​approved Verizon's 2024 $1 billion deal to acquire some ‌spectrum assets ⁠from U. Cellular to expand ⁠its network capacity and ​coverage.