News

U.S. Navy: USS Ford prepares to re-engage in Iran operations.

In the week ending April 6, foreign central banks held US$37.791 billion in US Treasury bonds, compared with the previous value of -US$23.177 billion.

Alphabet's (GOOG.O) chief financial officer and chief accounting officer Amy Tunnel O'Toole will resign on April 9.

The Dow Jones Index closed down 61.01 points, or 0.13%, at 46504.73 points on April 2 (Thursday);The S&P 500 Index closed up 7.37 points on April 2 (Thursday) points, an increase of 0.11%, to 6582.69 points;The Nasdaq Composite Index closed up 38.23 points, or 0.18%, to 21879.18 points on April 2 (Thursday).

U.S. Securities and Exchange Commission (SEC) documents show that Morgan Stanley (MS.N) CEO Edward Peake's total compensation in 2025 will be $37.2 million.

U.S. stocks closed on Thursday, with the Dow Jones Industrial Average initially closing down 0.13%, the S&P 500 Index rising 0.1%, and the Nasdaq Composite Index rising 0.18%.

According to CBS: U.S. Defense Secretary Hegseth has asked Army Chief of Staff General Randy George to resign and retire immediately.

Fed's Williams: Haven't spoken to Fed Chairman nominee Warsh yet as confirmation of nomination moves forward.

Fed's Williams: The Fed is focused on its mission, not politics.

Fed's Williams: There are clear reasons for some of the recent changes in private credit amid market repricing.

Fed Williams: Locking up cash in private credit structures helps limit broader risks.

Fed's Williams: The Fed is paying close attention to the private sector and sees no systemic risks.

Fed's Williams: Achieving 2% inflation target is crucial.

Fed's Williams: The Fed's 2% inflation target balances the central bank's goals.

The White House: Under President Trump’s revised Section 232 metal tariffs, certain metal-intensive industrial and power grid equipment will be subject to a 15% tariff.

Fed's Williams: The economy is in a state of low hiring, low firings, and stable unemployment.

Fed's Williams: In terms of employment, hiring is expected to decrease.

Fed's Williams: Uncertainty and two-way risks have increased, and monetary policy is "in a good position" to manage risks.

Market News: Microsoft (MSFT.O) has adjusted its artificial intelligence sales strategy to focus on selling Copilot instead of offering it for free as part of a software bundle.

U.S. officials: Large pharmaceutical companies have 120 days to make announcements to avoid 100% tariffs.