Banking Committee's Sen. Rounds liked Warsh's 'tone' in first testimony as Fed chairman

CNBC • U.S. • Jul 16, 2026

Federal Reserve Chair Kevin Warsh was on Capitol Hill for two days of testimony this week.

Here are the five big takeaways from this week's Fed meeting

The Federal Reserve on Wednesday followed through on expectations for no interest rate change.

Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quar…

Meta's Reality Labs unit, which develops virtual reality and wearable devices, continues losing money.

Value has outperformed this year, as investors pivoted toward companies more exposed to the real economy.

Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian N…

Investors are looking to see if Microsoft follows Alphabet in raising its capital spending plans