A major border crossing for any new Federal Reserve chair has been the outstanding Department of Justice investigation into current Chair Jerome Powell. The DOJ had, at the behest of Donald Trump, been running an investigation into Powell and the Fed to see if they had lied to Congress about a $2.5 billion renovation of the central bank’s Washington, D.C. headquarters. In a highly unusual move, Powell delivered a “rare rebuke,” describing the action as part of an effort by Trump to pressure policymakers to lower interest rates, as the New York Times recapped in a larger report on Friday.Senator…

Vertiv stock is up 86% since the beginning of 2026 in the wake of huge growth in order backlog reported in February and a first-quarter 2026 financial report that exceeded consensus estimates and raised full-year guidance.What is behind the surge in shares of this provider of power supplies, liquid cooling…

The Philadelphia Phillies suffered their eighth-straight loss on Wednesday, falling to the Chicago Cubs in for the third-straight game and taking possession of Major League Baseball’s worst skid as a division rival earned a win.With the New York Mets ending their own 12-game losing streak by besting the Minnesota Twins,…

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