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eBay Rejects GameStop's $55.5 Billion Takeover Bid as 'Not Credible'
eBay officially rejects GameStop's $55.5 billion acquisition proposal, calling it 'neither credible nor attractive' after a thorough board review.
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Anthropic and OpenAI Warn Unauthorized Share Transfers Are Void
Anthropic and OpenAI declared unauthorized stock transfers void, targeting secondary market platforms like Forge Global and Hiive.
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Global Stocks Slide as Oil Surges, Iran Ceasefire Falters
Equities dip worldwide as U.S. inflation data and rising oil prices from Iran tension pressure markets.
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Kevin Warsh Confirmed as Fed Governor, Poised to Take Chair
The Senate confirms Kevin Warsh as Fed Governor, clearing the path for him to succeed Jerome Powell as Chair by May 15.
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Bond Market Turmoil Casts Doubt on Fed Rate Cuts in 2026
Rising long-term yields and fiscal concerns push prediction market odds to 61.7% for no Fed rate cuts next year.
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April Inflation Exceeds Forecasts, Clouding Fed Rate Cut Path
U.S. inflation rose to 3.8% in April, above the expected 3.7%.
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Fed's Goolsbee Flags Overheating Economy as Iran Conflict Stirs Inflation
Chicago Fed President Austan Goolsbee warns the U.S. economy may be overheating due to the Iran conflict, complicating monetary policy.
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US Inflation Hits 3.8% in April, Highest in Three Years Amid Oil Surge
US inflation soared to 3.8% in April 2026, driven by surging oil prices from Middle East tensions. Markets now see 59.7% chance of no Fed rate cuts in 2026.