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Yahoo
8 minutes ago
- Yahoo
Aaron Rodgers' Malibu workout photo with several Steelers goes viral
Aaron Rodgers has been making up for lost time — training and building chemistry with several of the Steelers' talented pass catchers in Malibu. In rare Rodgers fashion, the Steelers QB took to Instagram and posted a group photo from their summer workout — which has since gone viral and can be seen below: DK Metcalf previously confirmed there would be a California workout taking place with Rodgers, but it's awesome to see wide receivers Scotty Miller, Ben Skowronek, Calvin Austin III, Roman Wilson, and tight end Pat Freiermuth make the trip as well. Advertisement Missing from the Malibu-based workout was none other than newly acquired Pro Bowl TE Jonnu Smith — who has taken to social media to post a hype video for his upcoming Steelers season. The Steelers offense is shaping up to be an exciting unit to watch in 2025, but one can't help but wonder if there's still a move or two Pittsburgh can make before the season begins. For up-to-date Steelers coverage, follow us on X @TheSteelersWire and give our Facebook page a like. This article originally appeared on Steelers Wire: Steelers QB Aaron Rodgers' Malibu workout photo goes viral
Bloomberg
11 minutes ago
- Bloomberg
Stock Movers: Datadog, FedEx, Synopsys
On this episode of Stock Movers: - Software company Datadog (DDOG) will be added to the S&P 500 index next week, replacing Juniper Networks Inc. after its recent acquisition by Hewlett Packard Enterprise Co. - FedEx (FDX) is double-upgraded to outperform at BNP Paribas Exane, with the broker saying the stock is 'arguably oversold,' expecting the firm's relative operational outperformance vs. rival UPS to continue. UPS is meanwhile upgraded to neutral from underperform. - Synopsys (SNPS) and Cadence Design both gain 6.1% in premarket trading after the US lifted export license requirements for chip design software sales in China, clearing the way for the companies to resume services in the world's second-biggest economy.
Yahoo
11 minutes ago
- Yahoo
Trump: Fed's Powell 'should resign immediately'
President Trump said Jerome Powell 'should resign immediately' in a Truth Social post Wednesday night, increasing a White House pressure campaign on the Federal Reserve chairman that is intensifying this week. Trump started the week with public criticisms of the Fed and Powell for not lowering rates, posting a note he sent to Powell telling the Fed chair "Jerome—You are, as usual, 'Too Late'" and arguing that he has "cost the USA a fortune." His press secretary held up the note at the White House on Monday so reporters could see it. His Treasury Secretary Scott Bessent then in separate TV interviews compared the Fed to an old person who is afraid of falling after having stumbled once and — referring to concerns Powell and other Fed officials have voiced about inflation from Trump's tariffs — said "I guess this tariff derangement syndrome happens even over at the Fed." When Trump used Truth Social Wednesday night to urge Powell's resignation, referring to him again with the nickname 'Too Late,' he linked to a news story that detailed calls made by yet another member of his administration — Federal Housing Finance Agency director Bill Pulte — for Congress to investigate Powell over statements made to Senate lawmakers about renovations to the Fed's headquarters. Pulte has also called on Powell to resign. 'I am asking Congress to investigate Chairman Jerome Powell, his political bias, and his deceptive Senate testimony, which is enough to be removed 'for cause,'' Pulte said Wednesday in a post on X. When Powell testified before Senate lawmakers last month, Republican senators asked him about media reports that described the expenses and features of the Fed renovation project in Washington, D.C., and Powell said the reports were 'misleading and inaccurate in many, many respects.' Republican Sen. Cynthia Lummis said in a statement to Yahoo Finance that 'This is the Federal Reserve, not a modern-day Palace of Versailles, and it's clear his inability to set aside his own biases in favor of sound policies proves it's time for new leadership at the Fed,' echoing a statement she also posted on X. 'I am happy President Trump is considering new leadership at the Fed.' There is now a short list of people who could succeed Powell as the next Federal Reserve chair when his term is up next May, according to people close to the administration. They include former Fed governor Kevin Warsh, National Economic Council Director Kevin Hassett, Treasury Secretary Scott Bessent, former World Bank president David Malpass, and current Fed governor Christopher Waller. Trump told reporters Tuesday that "I have two or three top choices," roughly a week after saying "I know within three or four people who I'm going to pick." Powell has said that his removal from the job before his term is up next May is not permitted by law, and that he intends to serve out the full time. Trump has delivered mixed messages about whether he would try to remove him, saying in an April 17 post that 'Powell's termination cannot come fast enough!' before saying April 22 that he had 'no intention of firing him.' When asked Tuesday during a monetary policy conference in Portugal if Trump's attacks made it more difficult for Powell to do his job, the Fed chairman said, "I'm very focused on just doing my job." He added that "the things that matter are using our tools to achieve the goals that Congress has given us — maximum employment, price stability, financial stability — and that's what we focus on 100%." Powell's response was met with applause from other participants on the panel and the audience in the room. He also said on Tuesday, 'I want to hand over to my successor an economy in good shape. That's what keeps me awake at night.' When asked if he would serve out his term as a Fed governor until 2028, he declined to say: 'I have nothing for you on that today." On Tuesday, Powell didn't rule out an interest rate reduction at the Fed's next meeting on July 28-29, but he noted the central bank would have cut rates by now if not for the tariffs introduced by the Trump administration. "We went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs," he said. The Fed lowered rates by a full percentage point in 2024 but has held rates steady so far in 2025 as it waits to see if inflation will pick up this summer due to the tariffs. "I wouldn't take any meeting off the table or put it directly on the table," Powell said when asked about the possibility of a cut in July. "It's going to depend on how the data evolved." Click here for in-depth analysis of the latest stock market news and events moving stock prices Sign in to access your portfolio
