US stocks today: Chip stocks lift Nasdaq, S&P to record closing highs; hot inflation kills rate-cut hopesUS stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter ...
US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome PowellKevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are ...
US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April dataChicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving...
Fed up or down with Don? How independent Trump nominee Kevin Warsh will be as Fed chair matters far beyond the USA major global financial moment is approaching as attention turns to the US Federal Reserve leadership transition and its wider impact on m...
Trump flouts lower court rulings in unprecedented display of executive powerPresident Donald Trump's administration has repeatedly ignored federal court orders. This defiance spans various policy areas, from immigra...
Kevin Warsh wanted a family fight at the Fed. It has already started.The Federal Reserve is experiencing a period of significant disagreement among its policymakers. This dissent comes as Kevin Warsh is set t...
US stocks today: Fed chief nominee Warsh clears key hurdle in Senate confirmation processKevin Warsh's nomination to lead the Federal Reserve advanced through the Senate Banking Committee along party lines. This move comes as Pr...
Powell’s Final Act? Fed decision looms under political and economic strainThe US Federal Reserve is widely expected to keep interest rates unchanged following its latest policy meeting on Wednesday, in what could ...
US Fed expected to keep rates steady as Iran war effects rippleThe US Federal Reserve opened its two-day meeting on Tuesday with policymakers expected to keep interest rates steady, as the war on Iran's...
US Stocks: US market indexes enter earnings-heavy week on cautious footingWall Street indexes edged lower as investors awaited a busy earnings week and remained cautious due to stalled U.S.-Iran peace talks. Despi...
US Stock Market: DOJ ends Powell probe, prompting Tillis to greenlight Fed Chair nominee WarshSenator Thom Tillis has cleared the path for Kevin Warsh's confirmation as Federal Reserve chair. This follows the Department of Justice's ...
Gold price crashes amidst US-Iran war ceasefire: Check latest gold rateGold rate today: Investors now await the U.S. Federal Reserve's interest rate decision, after its two-day meeting, on Wednesday.
Gold falls on firm dollar, oil-driven inflation fears as US-Iran talks stallGold prices dipped as a stronger dollar and escalating oil prices fueled inflation and higher interest rate concerns. Stalled U.S.-Iran pea...
Kevin Warsh at Fed may not deliver big policy shift, no quick rate cutsPresident Trump expects new Federal Reserve chair Kevin Warsh to cut interest rates. However, Warsh faces challenges like rising inflation ...
U.S. Fed interest cut prediction: Can Americans expect lower borrowing costs for mortgages, auto loans, business loans? All you need to knowInterest rate cut by Fed: Sentiment among U.S. consumers remains sour. A survey by the University of Michigan found weaker sentiment in Apr...
Trump's Fed nominee Kevin Warsh calls for 'regime change' at Fed, new inflation approachThe hearing quickly turned contentious, and the pace of Warsh's confirmation process through the Senate remained in doubt.
US Fed chair nominee Kevin Warsh says he will not be controlled by TrumpKevin Warsh, nominated for the Federal Reserve leadership, assured senators he would maintain central bank independence and not be controll...