Fed Governor Miran submits resignation, throws support behind Warsh as new chair

Miran served as a contrarian voice on the rate-setting Federal Open Market Committee.

Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed

Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is "going to keep pumping."

What's good for Cisco is good for Broadcom. 3 reasons both stocks are soaring

Cisco investors aren't the only victors from the network company's blowout earnings.

Nearly 40% chances of stagflation by end of 2026, traders say

Traders are not optimistic about the state of economy by the end of this year, placing high chances of stagflation, a mix of high inflation and unemployment.

Iran retains at most 'very moderate' strike capability, US admiral says - Reuters

Iran retains at most 'very moderate' strike capability, US admiral says  Reuters

A Starbucks upgrade tackles a thorny issue pushed by the stock's skeptics

TD Cowen is optimistic that Starbucks is on its way to mounting a successful turnaround, but execution is key.

Cisco CEO says tech is entering a 'networking supercycle' as stock pops 14% on strong AI demand

Shares headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler orders guidance for the fiscal year

65% of workers have avoided using AI for moral, environmental, privacy or other reasons: CNBC survey

Workers and students in the U.S. say they're skeptical of AI due to moral, privacy or accuracy concerns, the CNBC and SurveyMonkey Quarterly AI and Jobs Survey finds.