JPMorgan’s Michele Says Fed Market Message Is to Brace for Hikes

Jun 17, 2026 | Markets

JPMorgan Asset Management’s Bob Michele expressed surprise at the hawkish tilt from the Federal Open Market Committee under new Chairman Kevin Warsh, saying policymakers sense more risk from inflation pressures than Wall Street had expected. “Half the committee is...

US Manufacturing Output Stalls for the First Time This Year

Jun 15, 2026 | Markets

US manufacturing production stalled in May after four months of gains as a drop in chemical and petroleum output masked ongoing strength in categories tied to the data center boom. Factory output was little changed last month after an upwardly revised 0.7% advance in...

Private Markets Titans Fight Back in Court of Public Opinion

Jun 13, 2026 | Private Credit, Private Markets

Private capital’s problems are more perception than reality. Executives returned to that claim repeatedly this week, as they gathered in Berlin for SuperReturn, the leading European conference for the $11 trillion private equity and private credit industries....

JBS to Close Pennsylvania Beef Plant Amid Cattle Shortage

Jun 12, 2026 | Markets

JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattle shortage. In addition to the beef production facility in Souderton, Pennsylvania, the world’s largest meat supplier also said it is closing a...

What Stock Traders Can Expect From SpaceX’s Trading Debut

Jun 12, 2026 | Markets

Investors will soon have a sense of how SpaceX shares will perform after the largest initial public offering ever — but they may need to wait several hours to get in on the trading action. Shares of the rocket, satellite internet and artificial intelligence giant will...