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Norges flows to cap upside – BNY

BNY’s Geoff Yu expects a challenging near-term backdrop for Norwegian Krone (NOK) despite solid Norwegian fundamentals and potential Norges Bank tightening. He argues that upcoming changes in Norges Bank FX transactions, with a likely return to NOK selling as oil revenues stay strong, could offset any hawkish policy impulse and…

Dissents, oil shocks, and the future of the Fed: 3 takeaways from Powell’s last rate decision as chair

After eight years, Jerome Powell is clocking out. Loading audio narration… The Federal Reserve opted to hold rates steady at its third meeting of 2026, which was Powell’s last as head of the central bank. From oil shocks to Fed leadership, here are Business Insider’s biggest takeaways from the decision.Highest vote split since the 1990sThe Federal Open Market Committee had four dissenting votes in Wednesday’s rate call — the most since October 1992. Governor Stephen…

Finance news

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Elon Musk blasts OpenAI ‘bait-and-switch’ during heated Day 2 testimony

“What the hell is going on?” Loading audio narration… That’s what Elon Musk told a federal California jury Wednesday he texted Sam Altman after learning in early 2023 that tech giant Microsoft invested $10 billion in OpenAI.Musk, who cofounded OpenAI with Altman more than a decade ago, said he blasted…

Business

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LARRY KUDLOW: Time to say goodbye, Jay Powell

So I guess the Fed chairman, Jay Powell, is not going off quietly into the night. Today is his last meeting as chairman, but he announced his ungentlemanly decision to stay on as a Fed board member for who knows how long. “I’ve said that I will not leave the…

Markets

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Google’s subscriptions business is booming — and AI is a big reason

Google said it now has 350 million paying subscribers across its services — another boost to what is becoming an increasingly important part of the search giant’s business. Loading audio narration… The company’s subscriptions, platforms, and devices business grew 19% year over year in the first quarter of 2026, Google…

Investing

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