Fed Governor Miran still backs cuts, says interest rates could be 'about a point' lower this year

Federal Reserve Chair Jerome Powell spoke Monday at Harvard University.

Space is becoming the next battlefield. York Space Systems CEO Dirk Wallinger joined Bloomberg Open Interest to explain how wartime urgency is reshaping defense technology and shifting from slow, expensive systems to rapid deployment, constant iteration, and scalable satellite networks. As demand surges from the Pentagon, the race to dominate space-based infrastructure is accelerating fast. (Source: Bloomberg)

There’s a “tactical buying opportunity” as concerns about AI and regulatory matters lead Meta’s stock to trade at an unusually large discount to its historical average.

Federal Reserve chair Jerome Powell said that it is too soon to know what kind of economic impact will come from war with Iran. Speaking at an event at Harvard University, Powell told students that the Fed's rate decisions really only have a meaningful impact on demand, not supply. Powell did say that the rise in oil prices is a supply shock that could impact inflation expectations and that has to be carefully monitored. (Source: Bloomberg)