To The Moon

Jerome Powell kicked off his final press conference as Federal Reserve chair going over the economic developments highlighted in the Federal Open Market Committee's statement. He mentioned the recent pickup in inflation and the high level of uncertainty in the economic outlook because of the conflict in the Middle East. The economy is expanding at a solid pace, he noted.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .

A crude-oil tanker unloads at the oil terminal of the port in Qingdao, in China's eastern Shandong province, on April 28, 2026.Oil futures rallied further on Wednesday, with the key contract nearing its highs since the early days of the Iran war, as little progress has been made on getting oil tankers through the Strait of Hormuz.Brent for June delivery rose as high as $115.43 a barrel, as the West Texas Intermediate contract rose over 3%.The Brent contract traded as high as $119.20 when the war started.President Donald Trump, in the early hours, posted a mock image of him carrying a machine gun with the caption, "No more Mr. Nice Guy," as he assailed Iran's unwillingness to come to an agreement on nuclear weapons.Iranian news outlets, meanwhile, played down the risk from its own oil infrastructure being damaged if storage is filled up due to the U.S. blockade of Iranian ships. U.S. Energy Secretary Chris Wright on Tuesday said that the issue could bring the Iranians back to the nego

WASHINGTON, April 27 (Reuters) - Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell's last meeting as head of the U.S. central bank, with energy prices...

US President Donald Trump was evacuated from the White House Correspondents' Dinner on Saturday night after multiple gunshots were heard in the ballroom.

Oil futures declined, erasing earlier gains, as officials in Pakistan said a second round of US-Iran talks was expected.Brent futures fell as much as 0.41% to $104.64 a barrel in London. WTI also declined.

Big tech stocks continued to rally on Friday. AMD up over 13%; SMCI, TSMC up over 4%; Micron up 3%; Oracle up over 2%; Broadcom, Palantir, Microsoft up over 1%.

AI software shares slid on Thursday. ServiceNow down 16%; Atlassian down 11%; Figma down 9%; Workday down 8%; Snowflake, Tempus AI down around 7%.

Trump: Ordered Navy to Shoot Any Boat Putting Mines In Hormuz