Author: Editor-In-Chief

Construction of the Mariner S. Eccles Federal Reserve Building on Monday, December 15, 2025 in Washington, DC, USA. Al Drago | Bloomberg | Getty ImagesFor the first time in this economic cycle, the market believes the Fed’s next action will be to raise interest rates.After unexpectedly high inflation over the past week, traders in the federal funds futures market are pricing in inflation as early as December, giving them much more certainty into early 2027, according to CME Group’s FedWatch tool.The index, which uses the price of 30-day federal funds futures contacts to measure probability, says the probability of a…

Starbucks is making the tough but necessary call to further reduce its workforce in order to achieve the next step in its turnaround: increasing profits. The coffee chain announced it would cut 300 U.S. jobs and close several local corporate offices as part of a broader restructuring tied to a $2 billion cost-cutting plan. This is the latest move in the company’s turnaround, dubbed “Back to Starbucks,” under CEO Brian Nicol, who took over in September 2024 with a mission to regain the global brand’s lost momentum. On Friday’s “Squawk on the Streets,” Jim Cramer said the move is Nicol’s…

Jim Cramer warns investors not to give up on Microsoft’s ability to remain competitive. Most of the analyst community agrees, and so does at least one billionaire hedge fund manager. “The main reason we don’t want to sell[Microsoft]is they actually have a balance sheet that allows them to do what they want to do,” Jim said on Friday’s show “Squawk on the Street.” “Tomorrow, they could do something so innovative that we say, ‘Why did we doubt them?'” Jim’s comments came after Bill Ackman’s hedge fund, Pershing Square, revealed that it has a significant stake in the software and cloud…

Smoke rises behind a building after an Israeli airstrike in the southern city of Tire on May 15, 2026. Khawant Haju | AFP | Getty ImagesThe US State Department announced Friday that Israel and Lebanon have agreed to a 45-day extension of the ceasefire declared by US President Donald Trump on April 16.”The April 16 cessation of fighting will be extended for 45 days to allow for further progress,” State Department spokesman Tommy Piggott said.The State Department called the Israel-Lebanon talks held in Washington on Thursday and Friday “very productive,” and announced that the two sides would resume negotiations on…

Published May 15, 2026May 15, 2026US President Donald Trump said China has agreed to buy 200 Boeing jets, and the order could grow to up to 750 jets, adding that the planes would be powered by GE Aerospace engines.President Trump told reporters on Air Force One on Friday that the deal includes “about 200 aircraft, with a commitment to deploy up to 750 if things go well.” Details about the deal, including what type of jet was ordered and when it would be delivered, were not immediately available.Recommended stories list of 4 itemsend of listNeither the Chinese government nor Boeing…

berlin, germanyReuters — German Chancellor Friedrich Merz said Friday that he would advise children not to live or study in the United States at this time, citing the rapidly changing social situation and limited opportunities even for highly educated people. The remarks highlight tensions between the United States and its European allies under President Donald Trump, including disputes over trade, the war in Ukraine and now Iran, which is straining the NATO alliance. Mertz infuriated Trump last month when he said the United States was being humiliated by the Iran war. A few days later, the U.S. government announced a…

Manchester United have opened talks with Michael Carrick over continuing as head coach beyond the end of the season and an agreement could be reached this weekend.The club’s hierarchy, director of football Jason Wilcox and CEO Omar Berrada, believe he is the right man to continue leading Man Utd after an impressive 15 games, having secured Champions League football and earning wins against Manchester City, Liverpool, Arsenal and Chelsea. It is understood that, even though there is still much to complete in legal and contractual issues, an agreement could be reached over Carrick’s future before United’s game against Nottingham Forest…

The Scottish Football Association has confirmed that John Beaton and his family spent Thursday night at home under police protection after the referee’s personal information was leaked online.It follows Beaton’s controversial decision to award Celtic a penalty following a VAR check against Motherwell on Wednesday night. Beaton ruled that Motherwell’s Sam Nicholson committed a handball when he fired a long throw into the box. Kelechi Iheanacho converted the ensuing penalty in the 100th minute to give Celtic a 3-2 win at Fir Park, with a point difference between them and Scottish Premiership leaders Hearts in Saturday’s title decider at Celtic…

OpenAI on Friday began previewing a new personal finance tool for ChatGPT Pro subscribers in the US, allowing subscribers to connect to their accounts and ask questions ranging from spending analysis to future financial planning. OpenAI has partnered with financial connectivity service Plaid to manage account connectivity. Users can connect to over 12,000 financial institutions, including Schwab, Fidelity, Chase, Robinhood, American Express, and Capital One. When users connect to these accounts, they see a dashboard of portfolio performance, spending, subscriptions, and upcoming payments. The new product comes just a month after OpenAI acquired the team at personal finance startup hiro,…

BEIJING, CHINA – MAY 14: US President Donald Trump and Chinese President Xi Jinping attend a welcoming ceremony at the Great Hall of the People in Beijing, China, on May 14, 2026. Alex Wong | Getty Images News | Getty ImagesBEIJING — U.S. President Donald Trump’s visit to China this week made a major contribution to strengthening the fragile trade ceasefire with China and stabilizing bilateral relations.The visit was delayed by more than a month because of the Iran war, but President Trump and Chinese President Xi Jinping concluded their two-day summit on Friday and announced plans to meet again…