The litigation overhang is disappearing. Investors still cannot calculate what the exit costs.
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Walmart Reaches Federal Opioid Settlement as Legal Overhang Fades

In Jackson Hole, the central bank chief struck a hawkisk tone on rates, but manages somehow to get the market back on track for September.

Amid Fed rate uncertainty after Kevin Warsh's Jackson Hole speech, Charles Schwab, Cullen/Frost Bankers, and Jackson Financial each offer distinct ways to benefit from varying interest rate scenarios.

BBVA Banco Frances (NYSE:BBAR) reported inflation-adjusted net income of ARS 131.6 billion for the second quarter of 2026, up 44.6% from the prior quarter, as Argentina’s lower-inflation environment supported relatively stable operating income. The bank’s quarterly return on equity rose to 12.2% fro
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe

Wall Street may not get a Jackson Hole rally, after all. The major stock market indexes couldn’t hold onto earlier gains. The Dow Jones Industrial Average was flat. The S&P 500 was down 0.2%. The Nasdaq Composite was down 0.
This episode of "The Daily Wolf with Scott Melker" explores crypto headlines making news. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
The Federal Reserve has a problem that won’t be solved by simply waiting. Inflation remains well above the central bank’s 2% target, while several forces pushing prices higher are still in place. The Bureau of Economic Analysis reported July PCE inflation at 3.7%, with core PCE at 3.3%. Meanwhile, the Bureau of Labor Statistics said […]

Advanced Micro Devices Inc (NASDAQ:AMD) stock fell nearly 1% on Friday as investors weighed new semiconductor tariff risks that could raise costs across chips, data center servers and other technology hardware. Tariff Uncertainty Adds Risk For AI Hardware The Trump administration is reportedly considering new semiconductor tariffs that could extend beyond chips to products containing semiconductors, including laptops, gaming consoles and data center servers. Commerce Secretary Howard Lutnick rep

The biggest issue for the Fed is what effect AI will have on employment. In the past, new general purpose technologies like AI have always destroyed some jobs, but created more than what was lost.
The European stock markets closed higher in Friday trading as investors analyzed comments from the U

Welcome to "GO in the Know," our daily rundown of some of the top financial stories out there.
A debate over where class actions filed by customers seeking tariff refunds from large retailers should be heard comes as the money has begun to flow back into company coffers.

NEW YORK, Aug 28 (Reuters) - The Federal Reserve will "have work to do" if policymakers are not confident that underlying inflation is returning to its 2% target, Chair Kevin Warsh said on Friday in
Kevin Warsh didn't directly address eye-popping government debt figures in a speech in Jackson Hole, just days after the gross national debt and bond market jitters spooked investors.

Major indexes have extended gains since Fed Charmain Kevin Warsh concluded his speech. A more hawkish outlook from the central bank leader isn't bothering stock investors. "The market seems to be reacting exactly the way the Fed wants, short term rates are higher while long term rates are marginally lower following his comments," said Larry Holzenthaler, senior portfolio manager at Catalyst Funds.

The stock market picked up steam even as odds of a September interest-rate hike rose in the wake of Kevin Warsh's hawkish remarks. The Nasdaq Composite gained 0.5%. Warsh's first speech at Jackson Hole since taking over as Fed chair had traders upping bets on a September rate hike.

Fed Chair Kevin Warsh gives his first keynote address at the Jackson Hole economic symposium.

Stocks were struggling to find direction on Friday after Kevin Warsh began his Jackson Hole speech. The Nasdaq Composite was down 0.2%. The tone of Warsh's speech was more hawkish than his prior comments since taking over as chairman.
Stocks are off to a mixed start as all eyes turn toward Jackson Hole, where Kevin Warsh is set to give his first keynote speech as chairman of the Federal Reserve.

How much will Kevin Warsh say in Jackson Hole today? Today marks his first major address since then, but some market watchers are skeptical the tight-lipped chairman will tip his hands on rates. “The irony is that he now faces pressure to communicate more clearly to address questions around the Fed’s credibility,” wrote Hetal Mehta, chief economist at the British wealth manager St. James’s Place.

The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.18%. E-mini S&P futures (ESU26 ) are up +0.10%, and September E-mini...

Investors will be hanging on just about every word Federal Reserve Chairman Kevin Warsh has to offer today on inflation and interest rates at the Fed’s annual conference in Jackson Hole, Wyo. Warsh might break from his predecessors on this approach, given his preference that the Fed communicate less. In recent years, stock performance has been all over the map on Jackson Hole days.

Tesla, Microsoft and Oracle stocks push higher ahead of the Fed speech, with TSLA testing its 50-day EMA, MSFT above $500 and ORCL eyeing $160.

Aug 28 (Reuters) - Wall Street's main indexes opened muted open on Friday, as an AI-fueled rally fizzled out ahead of Federal Reserve Chair Kevin Warsh's much-anticipated Jackson Hole appearance.

Stocks weren’t moving much at the open on Friday, as Wall Street awaited Kevin Warsh’s looming Jackson Hole speech. The Dow Jones Industrial Average rose 150 points, or 0.3%. The Nasdaq Composite was down 0.1%.
In a post on X, El-Erian said the balancing act would be “difficult to strike” and “almost certain to leave some unsatisfied.”
