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US jury finds Boeing not guilty in 737 MAX grounding lawsuit
AFP88d agobearish
US jury finds Boeing not guilty in 737 MAX grounding lawsuit

A US jury found Friday that aerospace giant Boeing was not liable for lost revenue in a lawsuit involving its 737 MAX jets, which were grounded for 20 months following two deadly crashes in 2018 and 2019.The 737 MAX jets were grounded from March 2019 until November 2020, when the US Federal Aviation Administration cleared the aircraft to resume service after Boeing upgraded the MCAS. - Victim family lawsuits - The case from the airline, whose full company name is Polskie Linie Lotnicze LOT S.A.,

The Bull Case For FedEx (FDX) Could Change Following Freight Spin-Off And Early Debt Redemption – Learn Why
Simply Wall St.88d agoneutral
The Bull Case For FedEx (FDX) Could Change Following Freight Spin-Off And Early Debt Redemption – Learn Why

FedEx Corporation recently announced it will redeem all outstanding €354,878,000 of its 1.300% notes due 2031 on May 28, 2026, while also advancing the spin-off of FedEx Freight and implementing leadership changes tied to the new entity. This combination of early debt redemption, business separation, and senior finance reshuffling marks a meaningful shift in how FedEx is structuring its balance sheet and operating model. Against this backdrop, we’ll now examine how the forthcoming FedEx...

Investing.com88d agoneutral
Citi sees AI price effects as key issue for Warsh

Investing.com -- Strong U.S. macroeconomic performance continues to outpace other developed economies, powered by real GDP growth tracking at a 2% to 3% pace in recent quarters, according to institutional research released by Citi this week.

Wall Street rises as Middle East hopes lift sentiment
Reuters Videos89d agoneutralVIDEO
Wall Street rises as Middle East hopes lift sentiment

<body><p>STORY: U.S. stocks rose on Friday, with the Dow reaching an intraday record high, as investors cheered signs of progress in talks to end the Middle East conflict and a strong corporate earnings season.</p><p>The Dow added six tenths of one percent, the S&P 500 climbed four tenths and the Nasdaq two tenths.</p><p>The U.S. has made some progress toward a deal with Iran, though more work remains, Secretary of State Marco Rubio said on Friday.&nbsp;</p><p>Iran’s foreign ministry spokesman said differences between the two sides remained deep.</p><p>Shana Orczyk Sissel, founder and chief executive officer of Banríon Capital Management say investors should expect more bumps in the road as these talks continue.</p><p>"So in terms of what this means for the market, I think that for as long as we have this uncertainty around how long the tensions and the war will continue, global oil markets will be under pressure, which will continue to lead to higher volatility in the equity and the fixed income markets. And until we have some sort of resolution, I think investors can expect volatility and higher than average inflation.”</p><p>This will become a focus for Kevin Warsh who was sworn in as the new Federal Reserve chair Friday.</p><p>Semiconductor stocks, which have driven recent Wall Street gains, were mostly higher&nbsp;though Nvidia slipped about two percent.&nbsp;</p><p>Shares of U.S. computer makers surged following strong results from China's Lenovo Group with Dell surging nearly 17%.</p><p>:: Workday</p><p>And Workday rose 5% after the human resources software provider exceeded expectations for first-quarter revenue and profit.</p></body>

Trump Says 'I Want Kevin To Be Totally Independent,' But Prediction Markets Don't Believe In Cuts
Benzinga89d agobearish
Trump Says 'I Want Kevin To Be Totally Independent,' But Prediction Markets Don't Believe In Cuts

President Donald Trump told the room he wants Kevin Warsh “totally independent” as he swore him in as Federal Reserve chairman Friday, then spent the next hour arguing the economy can boom without inflation. The price data has other ideas. Annual inflation hit 3.8% in April, the highest since 2023, up from 2.4% before the war with Iran closed the Strait of Hormuz and sent energy prices climbing. Core inflation held at 2.8%, well above the Fed’s 2% target. Crude has stayed nearly 50% above pre-co

Hassett Backs Incoming Fed Chair Warsh’s Focus on Monetary Policy, Downplays Inflation Risks From Oil Shock
24/7 Wall St.89d agoneutral
Hassett Backs Incoming Fed Chair Warsh’s Focus on Monetary Policy, Downplays Inflation Risks From Oil Shock

Kevin Hassett, director of the White House National Economic Council, used a CNBC Squawk Box appearance on May 22, 2026 to give Kevin Warsh an unusually full-throated endorsement before Warsh has even taken the Fed Chair seat. Warsh wants to drag the Fed back to monetary policy and away from everything else, and the White ... Hassett Backs Incoming Fed Chair Warsh’s Focus on Monetary Policy, Downplays Inflation Risks From Oil Shock

Google appeals US court ruling on search monopoly
Reuters89d agoneutral
Google appeals US court ruling on search monopoly

Alphabet's Google on Friday appealed a Washington federal judge's ruling ‌that it holds illegal monopolies in online search ‌and related advertising. • Google argued that U.S. ​Judge Amit Mehta made legal errors in his 2024 ruling, which found the company illegally blocked competitors by paying billions of dollars annually to firms including Apple ‌to be the ⁠default search engine on new devices. • The arrangements did not prevent the device ⁠makers and browser developers from promoting rival search services like Microsoft's Bing, Google argued.

USTR Greer sees no immediate chip tariffs but says protection important for sector
Reuters89d agoneutral
USTR Greer sees no immediate chip tariffs but says protection important for sector

U.S. Trade Representative Jamieson Greer said ‌on Friday that there were ‌no imminent U.S. tariffs expected to be ​imposed on semiconductors but that it was important to protect the sector with duties to facilitate reshoring of ‌chip production. Greer, ⁠speaking at a Micron Technology memory chip plant expansion ⁠project in the Washington, DC suburbs, said that any tariffs USTR's long-awaited ​Section 232 ​national security ​investigation aimed at ‌protecting the U.S. semiconductor sector needed to be properly sequenced to promote U.S. output.

Aluminum Supply Shocks Are Changing The Game For Alcoa
Trefis89d agoneutral
Aluminum Supply Shocks Are Changing The Game For Alcoa

Aluminum usually doesn’t get the spotlight like gold or copper, but right now the market is unusually tight. A mix of Middle East supply disruptions, shipping issues, and U.S. tariffs has pushed prices higher and given Alcoa (NYSE:AA) a massive boost. The stock is up nearly 134% over the past year and is now trading close to its highs around $70.

The Federal Government Ghosts Grok
Moby89d agoneutral
The Federal Government Ghosts Grok

Government AI inventory showed Grok appearing in just three of four hundred vendor examples with ChatGPT, Gemini, and others outpacing.

Amazon allegedly made millions from this now illegal policy
TheStreet89d agoneutral
Amazon allegedly made millions from this now illegal policy

If it seems like everything is expensive these days, it might not be just because of inflation. When tariffs were raised, those costs were either passed onto consumers or companies. And now that some of the tariffs from the past year have been deemed unconstituitional, companies want their money ...

Scott Melker explains why the Fed was secretly designed for banks
Yahoo Finance Video89d agoneutralVIDEO
Scott Melker explains why the Fed was secretly designed for banks

Scott Melker discusses the history and structure of the Federal Reserve and presents bitcoin as a decentralized alternative. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

The Tax Math That Makes These Dividend Stocks Worth $10,080 More Per Year
24/7 Wall St.89d agoneutral
The Tax Math That Makes These Dividend Stocks Worth $10,080 More Per Year

At the 24% federal bracket, a portfolio throwing off $42,000 in dividend income hands roughly $10,080 to the IRS every year. Inside a Roth, that number goes to zero. The math is identical on both sides of the fence. The wrapper is the only variable. That is the entire premise of asset location: put the ... The Tax Math That Makes These Dividend Stocks Worth $10,080 More Per Year

Joe Saladino: “Touch Your Portfolio Just Once a Year. That’s It.”
24/7 Wall St.89d agoneutral
Joe Saladino: “Touch Your Portfolio Just Once a Year. That’s It.”

The instinct to do something when markets convulse is almost universal, and almost always expensive. That tension was on full display in April 2026, when tariff announcements rattled global markets and brokerage inboxes lit up with panicked questions. Joe Saladino, speaking on Paula Pant’s Afford Anything podcast, offered a counterintuitive prescription: pick a date on ... Joe Saladino: “Touch Your Portfolio Just Once a Year. That’s It.”

Treasury Yields Rise on Hawkish Waller, Falling Consumer Sentiment
Barrons.com89d agobearish
Treasury Yields Rise on Hawkish Waller, Falling Consumer Sentiment

Treasury yields rise as Fed governor Waller turns hawkish and U.S. consumer sentiment falls more than expected. Waller says a prolonged Middle East conflict increases the risk of energy inflation spreading across the economy, hence the Fed should stop signaling a rate cut as its most likely next move.

Boring Beats Brilliant: How a Utilities ETF Has Quietly Trounced the S&P 500 in Every Recession This Century
24/7 Wall St.89d agobullish
Boring Beats Brilliant: How a Utilities ETF Has Quietly Trounced the S&P 500 in Every Recession This Century

Utility stocks have been in the market limelight recently, and a big reason comes down to rising electricity demand from the artificial intelligence (AI) build-out. Data centers consume an enormous amount of power, and as hyperscalers race to expand infrastructure, investors have started piling into utility companies expected to benefit from rising electricity demand, transmission ... Boring Beats Brilliant: How a Utilities ETF Has Quietly Trounced the S&P 500 in Every Recession This Century

China’s 200-Jet Purchase Tied To Trade Talks Might Change The Case For Investing In Boeing (BA)
Simply Wall St.89d agoneutral
China’s 200-Jet Purchase Tied To Trade Talks Might Change The Case For Investing In Boeing (BA)

Earlier this week, China confirmed an order for 200 Boeing aircraft as part of broader US-China trade discussions aimed at extending a one-year truce and coordinating reciprocal tariff reductions on at least US$30.00 billion of goods on each side. This deal effectively reopens the Chinese market to Boeing after a prolonged freeze, tying future aircraft demand to ongoing trade talks and institutionalized mechanisms for managing bilateral commerce and investment. We’ll now examine how this...