Author Michael Lewis talks Trump, Wall Street, and the Fed
Author Michael Lewis joins The Final Round to talk his latest book 'The Fifth Risk', Trump, Wall Street, and the Fed.
Author Michael Lewis joins The Final Round to talk his latest book 'The Fifth Risk', Trump, Wall Street, and the Fed.
Widespread recent power outages in Mexico were caused by unseasonably hot weather, the country's president said on Wednesday, assuring consumers that the national grid has sufficient generating capacity going forward. President Andres Manuel Lopez Obrador told reporters at a regular government press conference that his government will also coordinate with private power producers, responsible for about half of Mexico's electricity generation. Around 20 of Mexico's 32 states were affected by Tuesday's rolling power outages, according to data from grid operator CENACE analyzed by Reuters.
House Speaker Mike Johnson and conservatives who tried to overturn the 2020 election introduced a Donald Trump-backed voting bill Wednesday.
While techs have mainly delivered on high earnings expectations, the focus is now on whether other sectors can match up.
Shares of the company were up 3% after the bell. Accommodation companies in the first quarter have seen the demand for travel in regions outside of North America boost earnings as travel accelerates in Asia Pacific and Latin America. The company said it expects to see steady growth throughout 2024, spurred by travel demand centered around international events.
A Texas man is petitioning a court to authorize an obscure legal action to find out who allegedly helped his former partner obtain an out-of-state abortion, setting up the latest test of the reach of statewide abortion bans. As some states work to expand abortion access and others impose more limits following the U.S. Supreme Court’s overturning of Roe V. Wade, antiabortion activists have begun testing the boundaries of statewide bans in court. Abortion advocates call these legal actions a scare tactic, and stress that crossing state lines to obtain an abortion remains legal.
President Joe Biden will travel to Racine, Wisconsin, to announce a $3.3 billion investment by Microsoft to build a new artificial intelligence data center.
(Reuters) -Chip designer Arm Holdings gave a fiscal first-quarter revenue forecast on Wednesday that beat Wall Street's expectations, but its full-year forecast was below expectations. Shares of Arm fell about 4% in extended trading after the report. For the current fiscal first quarter, Arm forecast revenue in a range between $875 million and $925 million, with a midpoint of $900 million, compared with an average analyst estimate of $857.5 million, according to LSEG data.
In sometimes violent confrontations, police broke up a protest by pro-Palestinian activists at the University of Amsterdam Wednesday in a second straight day of unrest over the war in Gaza. After police ended a blockade on university grounds, hundreds of demonstrators moved to a nearby square to continue protesting late into the evening, demanding an end to the war. It was unclear if and how many people were injured during the scuffles and how many protesters were detained by police.
Who is Jason Kelce's wife? Read on for information about her babies, kids, husband timeline, her relationship with Taylor Swift and more.
Regional grocery chains separately recall cheese spreads sold across the Midwest because they may be tainted with bacteria.
I was at a soccer match, tears streaming down my face, when something clicked.
Chinese President Xi Jinping arrived in Hungary late Wednesday, the final stop on his five-day European tour, where he's expected to finalize a number of agreements with Prime Minister Viktor Orbán that will deepen China's economic footprint in the region. Xi is set to spend two nights in the Hungarian capital Budapest where he will meet with Orbán and Hungarian President Tamás Sulyok. Talks will center on future Chinese investments in the Central European country, which has courted deep economic ties with Beijing even as mainstream European leaders have pursued more protectionist policies to limit its reach on the continent.
Lawmakers grilled school administrators who have seen antisemitic incidents in their districts.
The Biden administration on Thursday is expected to propose a rule cracking down on migrants ineligible to claim asylum, according to two sources familiar, a change that’s not expected to be sweeping but rather a tightening of the current immigration system.
Georgia lawmakers vowed they were going to rein in tax breaks for businesses this year. Gov. Brian Kemp on Tuesday vetoed a two-year pause in a sales tax exemption the state gives for building and equipping computer data centers, after an intensive lobbying effort to preserve the tax break. Kemp’s veto shows how hard it is to root out established tax breaks, said lawmakers and national experts.
Eurovision organizers admonished Eric Saade and Bambie Thug for wearing pro-Palestinian symbols because it's a "non-political" event.
A bill that power companies call vital to keeping the lights on in South Carolina has been turned into a resolution that only expresses support for the idea by the Senate, which wasn't ready to give more latitude to utilities that cost ratepayers billions. The Senate agreed to gut the House’s 80-plus page energy bill and replace it with a resolution acknowledging the state’s power needs are growing. Upset that the Senate wasn't taking up the proposal, the House started attaching it to entirely different bills like one requiring therapists to take suicide prevention training and another to allow firefighters who live outside the state to get cancer health care benefits if they work in South Carolina.
Hospitals in the southern Gaza Strip have only three days of fuel left due to closed border crossings, the head of the World Health Organization said on Wednesday."Hospitals in the south of Gaza only have three days of fuel left, which means services may soon come to a halt."
A former correctional counselor at a federal prison in Massachusetts was sentenced on Wednesday to two years in prison for corruptly accepting tens of thousands of dollars from a wealthy inmate identified by a source as Galleon Group hedge fund founder Raj Rajaratnam. U.S. District Judge William Young in Boston rejected a request by William Tidwell, 50, for a more lenient sentence, calling the corruption he engaged in while at the Federal Medical Center Devens in Ayer, Massachusetts "intolerable." Prosecutors said that corruption involved accepting over $90,000 in payments through an arrangement with an "ultra-high net worth" inmate under Tidwell's care in exchange for giving him favorable treatment.
Senate Republicans voted to put President Joe Biden on the ballot, but only after pairing it with campaign finance legislation opposed by Democrats.