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15/04/2026
Insider: UBS CEO Ermotti staying on longer will also give the UBS board more time to search for a successor.
Latest
3 m ago
Microsoft denies rumors about canceling its carbon business.
5 m ago
The president of the Federal Reserve Bank of Chicago, Gulupsi, said on Tuesday that if the Iran war leads to long-term high oil prices, thus slowing down the process of inflation falling back to the Fed's 2% target, the Fed may need to wait until 2027 to cut interest rates. Gulupsi said during the Semafor World Economic Conference, "I originally thought that there might be multiple rate cuts even in 2026; but if this situation continues and we still do not see inflation declining and inflation remains high, realistically this will push the timing back to after 2026. Our responsibility is to bring inflation back to 2%." Gulupsi was once one of the more optimistic voices within the Fed, believing that inflation driven by tariffs would fall this year, allowing the Fed to resume cutting rates. But now his confidence has waned. He said, "In some cases, interest rates may rise; in other cases, everything may prove to be temporary - if the oil price shocks in the Middle East are resolved and inflation falls again, it looks like we are heading back to our 2% target, so rate cuts will also be back on the agenda."
7 m ago
New York Governor Hochul responded to New Jersey Transit's railway ticket prices: Railway ticket prices over $100 are simply too high, and the World Cup should be made as affordable as possible for the public.
10 m ago
Senator Booker of the United States invited David Ellison, Chairman and CEO of Paramount, to attend the Warner Bros. related transaction hearing.
21 m ago
Susquehanna raised Intel's target price, pointing out that the demand for its processors remains strong. The institution raised the target price from $65 to $80, stating that the market's demand for CPUs is "insatiable," especially in the server market. Analysts believe that Intel's performance in the first quarter will be in line with expectations or slightly better than expected, thanks to the strong performance of data center chips.
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