Finance

Dollar slips as Powell probe raises Fed independence fears

Justice Department action weighs on U.S. currency The U.S. dollar fell on Monday after the Department of Justice threatened to indict Federal Reserve Chair Jerome...

U.S. stocks rise as tech and Walmart offset Fed concerns

Markets shrug off Powell investigation headlines U.S. stocks edged higher on Monday as gains in technology shares and Walmart helped investors look past concerns surrounding...

Stocks move on upgrades, court rulings and corporate news

Vertiv jumps after analyst upgrade Shares of Vertiv rose 8% after Barclays upgraded the data center infrastructure provider to overweight from equal weight. The bank...

Octopus Energy to Spin Off Kraken Ahead of Possible IPO

Standalone funding round values Kraken at $8.65 billion British renewable energy group Octopus Energy is preparing to spin out its artificial intelligence software arm, Kraken...

U.S. Consumer Confidence Ends Year at New Lows

Confidence index slides for fifth straight month U.S. consumers are closing the year in a noticeably pessimistic mood. The Conference Board reported that its consumer...

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