Is Christine Lagarde Leaving the ECB? What Is Confirmed
No verified evidence confirms that Christine Lagarde is leaving the ECB early. Her non-renewable eight-year term is scheduled to end on October 31, 2027.
Stock Market Today: Dow Rises as Nasdaq Futures Fall
Dow futures point higher while S&P 500 and Nasdaq futures decline after Alphabet’s results revive concerns about AI spending, margins, and future returns.
Eli Lilly Raises Outlook on Strong Zepbound, Mounjaro Demand
Eli Lilly exceeded quarterly expectations and raised its sales outlook as strong demand for Zepbound and Mounjaro reinforced its position in metabolic health.
Fed Holds Rates as Oil Tops $115: Market Impact
The Fed kept rates unchanged as oil rose above $115, creating a policy challenge involving inflation, growth, markets, businesses, and household budgets.
Fed Holds Rates in Split Vote Before Midterms
The Federal Reserve held interest rates steady in a split decision before the midterm elections. Kevin Warsh said politics played no role in the vote.
Microsoft Profits Rise as Layoffs Reshape Its Workforce
Microsoft reported stronger profits soon after announcing thousands of layoffs. The contrast highlights how AI, restructuring, and changing technology demand are reshaping jobs.
Weil Gotshal Plans to Dissolve After Rapid Decline
Reuters and Yahoo Finance report that Weil Gotshal plans to dissolve, but the formal timeline, causes, and effects on clients, lawyers, and staff remain unclear.