Wholesale prices rise sharply and show new Fed chief could confront stubborn inflation

The cost of wholesale goods and services rose sharply at the end of last year, underscoring the battle against inflation is far from over as President Trump gets set to name a new chairman of the Federal Reserve.
Comcast posts mixed quarter as broadband pressures weigh on business
Comcast’s broadband business continues to be under pressure due to the rise of competitors, particularly in the 5G space.
Trump says he’ll announce his Fed pick Friday morning. Kevin Warsh seen getting president’s nod for the key economic post.

President Donald Trump said he’ll announce his nominee to chair the Federal Reserve on Friday morning — and prediction markets have turned sharply toward a former Fed governor for the post.
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How investment firms of the ultra-rich partner with PE funds to find top deals and save on fees
By co-investing with PE firms, family offices source deals at a lower cost and faster pace.
Trump sues IRS, Treasury for $10 billion over leak of his tax returns

President Donald Trump filed a $10 billion lawsuit Thursday against the Internal Revenue Service and the Treasury Department — with the potential for U.S. taxpayers to pay for it.
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Stocks, gold and copper see big swings that show investors have few places to hide

The volatility seen across asset classes on Thursday may give investors a hint at what’s to come and leave them with fewer places to hide.
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Why Southwest Airlines’ stock is soaring toward its best day in 17 years

Wall Street cheered news that Southwest’s transformation appears to be taking hold.



