Business news
- Meta shares rise on stronger-than-expected revenue forecast - Meta reported fourth-quarter earnings on Wednesday and provided stronger-than-expected sales guidance.
- Microsoft shows gain on OpenAI investment after restructuring as cloud growth slows - Microsoft’s finances look more favorable after OpenAI completed a restructuring.
- JPMorgan's Michele on 'Sell America' Headlines: 'Hogwash' - Bob Michele, JPMorgan Asset Management global head of fixed income, says he isn't seeing any signs of a "Sell America" movement on "Bloomberg Surveillance: The Fed Decides."
- Fed holds key interest rate steady as economic view improves - The Federal Reserve on Wednesday released its decision on interest rates.
- U.S. dollar rebounds after Bessent shuts down report of potential yen intervention - Treasury Secretary Scott Bessent shut down reports that the U.S. may step into the currency market.
- Oil prices stable after Trump says a 'massive Armada is heading to Iran' - U.S. Central Command said Monday that the Abraham Lincoln Carrier Strike Group had arrived in the Middle East.
- Altimeter Capital's Brad Gerstner backs Trump accounts for kids in Indiana - Hedge fund manager Brad Gerstner announced Wednesday a pledge to seed Trump accounts for children in Indiana.
- Department of Energy to announce new efforts to boost nuclear fuel supply chain - The Department of Energy will announce an initiative to build out the nation's nuclear fuel supply chain as interest in the emissions-free power source grows.
- Trump lowered 'temperature' on Minnesota, wants to avoid shutdown: Bessent - President Donald Trump is contacting lawmakers and "urging them not to shut down the government," Treasury Secretary Scott Bessent told CNBC.
- JPMorgan Chase and Bank of America to match $1,000 U.S. contributions to employee 'Trump accounts' - Financial firms dominate the list of companies that are matching contributions for the