Blackstone CEO Schwarzman to back Trump, Axios reports

Blackstone CEO Schwarzman to back Trump, Axios reports

(Reuters) – Blackstone CEO Stephen Schwarzman will support Donald Trump as the former president looks to return to the White House, Axios reported on Friday. Schwarzman, one of the biggest political donors on Wall Street, plans to donate to Trump and various...

Nasdaq jumps as Nvidia results drive up chip stocks

By Ankika Biswas and Lisa Pauline Mattackal(Reuters) – The tech-heavy Nasdaq and the benchmark S&P 500 opened at record highs on Thursday as chip stocks rallied after Nvidia’s upbeat revenue forecast, but persistent worries about U.S. inflation kept...

US existing home sales fall for second straight month in April

WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on demand, dealing another setback to the housing market.Home sales slipped 1.9% last month to a seasonally adjusted annual rate of 4.14...