President Donald Trump names Kevin Warsh as the new Chair of the Federal Reserve. Jerome Powell will remain on the Board of Governors to continue his service.

Blue Owl has sold about half of its stake in SpaceX, according to the firm's co-CEO. The sale was executed at a $1.25 trillion valuation for the aerospace company.

Blue Owl co-CEO stated that the firm has sold approximately half of its stake in SpaceX, a transaction based on a $1.25 trillion valuation for the aerospace company.

Union Pacific and Norfolk Southern propose a $71.5 billion merger. The companies project the combined entity would control 39% of the U.S. rail freight market.

Union Pacific and Norfolk Southern have announced a proposed $71.5 billion merger, which the companies estimate would result in a 39% share of the U.S. rail freight market.

The US dollar is on track for its worst monthly decline since June as traders unwind positions in the haven currency amid reports of potential peace talks to end the Iran war.

The US dollar is experiencing its largest monthly decline since June as traders reduce positions in the currency following reports of potential peace talks regarding the Iran war.

Google Cloud revenue growth outpaces Microsoft and Amazon as all three tech giants beat quarterly earnings estimates on strong AI demand.

Google Cloud revenue growth outpaced Microsoft and Amazon in the latest quarter, as all three major cloud providers exceeded analyst expectations driven by sustained demand for artificial intelligence services.