Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has s

Investors were heartened on Friday by new Federal Reserve Chair Kevin Warsh's stated resolve to tame high inflation, but many on Wall Street remained unclear about how the U.S. central bank ​will react to economic changes in the months ahead.

Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he had sent previously about his economic outlook.

US Federal Reserve Chairman Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers must be confident that it is, otherwise the central bank has “work to do.” In this first speech since becoming chairman of the central bank in May,

Marvell Technology stock (NASDAQ: MRVL) sank nearly 8% in Friday premarket trading as investors looked past another solid quarter and focused instead on when its enormous Google AI-chip opportunity will materially lift revenue.

Strategists at a number of banks noted that investors’ eyes were firmly on news about the company’s recent partnership with Alphabet’s Google, with expectations ultimately left unmet.

Marvell ​Technology's shares fell 8% to $223.1 in premarket trading on Friday as concerns ‌about the potential upside from its AI chip deal with Google overshadowed better-than-expected results from the semiconductor designer.

The chipmaker raised nearly all the figures it gave to investors on Thursday. The one number it guided lower sent the stock down.

President Donald Trump has reached an awkward moment in his second term as the U.S.-Israel war against Iran began six months ago Friday

As the war with Iran approaches the six-month mark, Americans across the country are weighing its economic costs, personal consequences, and the prospect of a prolonged conflict.

Iran’s new leaders evince little faith in any agreement with Trump — after coming under attack twice while holding talks — and they may be bracing for another assault once the U.S. replenishes its supplies of interceptors.

The U.S. and Iran war has reached its six-month mark. The Treasury Department moves to open a UAE branch of Egyptian bank for doing business with Tehran.

Canada's economy ​rebounded sharply in the second quarter after six months of virtually no growth, aided by strong jump ‌in exports and solid domestic demand, data showed on Friday.

Gross domestic product increased at an annualized rate of 3.3% in the April-to-June period to 2.524 trillion Canadian dollars, the equivalent of US$1.822 trillion, Statistics Canada said. That marks the strongest expansion in more than three years.

Growth in Canada’s real gross domestic product accelerated to 3.3% in the second quarter, confirming a strong economic rebound after a yearlong slump brought on by US tariffs and a slowdown in immigration.

Canada's economy showed surprising resilience and beat expectations with strong 3.3% growth in the second quarter, but that was before punishing new 50 per cent U.S. tariffs kicked in. Growth is expected to continue but at a much lower rate.

The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.12 per share. The design software company posted revenue of $2.05 billion in the period, also beating Street forecasts.

Autodesk ADSK stock fell about 4% on Friday after the software company issued third-quarter and full-year earnings guidance that fell short of Wall Street expectations, despite beating estimates for its fiscal second quarter.

Autodesk Inc (NASDAQ:ADSK) shares fell more than 4% in pre-market trading on Friday after the design software company reported second-quarter results above analyst expectations but issued fiscal 2027 adjusted earnings guidance that came in slightly below consensus at the midpoint.

Autodesk (ADSK) reported $2.05 billion in revenue for the quarter ended July 2026, representing a year-over-year increase of 16.1%. EPS of $3.30 for the same period compares to $2.62 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.