U.S. Senate Republicans expressed concern on Monday about the Trump administration's threat to indict Federal Reserve Chair Jerome Powell, as two lawmakers threatened to ​retaliate by blocking President Donald Trump's central bank nominees and a third called for the federal ‌probe to end quickly. At issue, the senators said, was confidence in the Fed, the world's most important central bank, which sets interest rates in the U.S. and is seen by global investors as a critical

Eutelsat, the satellite operator backed by the French and the British governments, has placed an order with Airbus for 340 satellites to refresh and extend its OneWeb low-Earth-orbit network, the two companies said on Monday. The additional satellites are intended to keep the service running by gradually swapping out the earliest vehicles as they reach the end of their working lives, according to Eutelsat. Learn More

The S&P 500 paused near record highs on Monday as ​gains in artificial intelligence stocks and Walmart helped the index recover from an early slide driven by concerns ‌over the Federal Reserve's independence. The three main indexes opened lower after the Trump administration threatened to indict Fed Chair Jerome Powell over his Congressional testimony on a renovation project. Learn More