President Donald Trump has nominated Kevin Warsh, a former Federal Reserve governor and advocate for central bank reform, to chair the Fed, following his sustained public criticism of Jerome Powell's interest rate policy.
Former Federal Reserve Governor Kevin Warsh, known for his hawkish stance but recently aligned with Trump's calls for lower rates, has been nominated by the former president to chair the Fed. The move, if confirmed, could test the institution's independence amid political pressure and an ongoing Justice Department probe.
Barclays has initiated coverage on Bloom Energy (NYSE: BE) with an 'Equal Weight' rating and a $153 price target, citing strong fundamentals but suggesting the market has already priced in its near-term growth trajectory, particularly from AI data center demand.
President Donald Trump has nominated Kevin Warsh, a former Federal Reserve governor and longtime critic of its recent policy, to be the next chair of the central bank, setting up a potential shift in monetary policy amid ongoing tensions over interest rates and Fed independence.
President Donald Trump has nominated Kevin Warsh, a former Federal Reserve governor and critic of current monetary policy, to succeed Jerome Powell as Chair of the Federal Reserve, setting the stage for a potential shift in the central bank's direction.
President Donald Trump announced his intent to nominate Kevin Warsh, a former Federal Reserve governor and longtime critic of current policy, as the next Fed chair. The move, seen as an effort to align the central bank more closely with White House priorities, could redefine its historic independence and monetary policy direction.
Amid a volatile market chasing tech momentum, one investment firm is placing a significant bet on the steady, regulated growth of diversified energy provider Chesapeake Utilities, highlighting a strategic shift towards tangible infrastructure assets.
Israel announces the Rafah border crossing will reopen this Sunday for limited travel between Gaza and Egypt, marking a significant shift in access for the enclave's 2 million residents after an eight-month Israeli control of the vital gateway.
Israel announces the reopening of the Rafah border crossing with Egypt this Sunday, permitting limited two-way movement for Palestinians after nearly 24 months of tight restrictions. The move is seen as a key development in international ceasefire efforts.
As one of the oldest cryptocurrencies, Dogecoin faces a critical juncture. With its price down over 80% from its 2021 peak and questions about its long-term utility mounting, investors are weighing whether the iconic digital asset has a future or is fading into irrelevance.
Hilltop Holdings (HTH) delivered a strong fourth-quarter performance, beating earnings estimates and announcing an 11% dividend increase alongside a new $125 million share repurchase program, fueling a rally in its stock price.
Avino Silver & Gold Mines Ltd. sees its shares rally after high-grade drill results from its La Preciosa project in Mexico not only validate its geological model but also prompt a review of mining methods for greater efficiency.
Personal finance authority Suze Orman cuts through the noise with six straightforward, often challenging, principles for achieving financial security. From emergency funds to retirement planning, her no-nonsense guidance demands attention.
The new campus in McBee, SC, aims to bolster North American supply chains for critical minerals, starting with a 2,000-ton annual processing capacity for magnet scrap.
Ark Invest's Cathie Wood suggests the recent historic rally in gold may be a late-cycle bubble, pointing to valuation metrics that have surpassed levels seen in the 1930s. The warning follows a sharp, cross-market sell-off that dragged down precious metals and cryptocurrencies.
The protective packaging leader's 2025 recycling achievement, driven by customer partnerships and its EmeraldPak product, marks a significant step in its 'Stairway to Green' initiative and underscores growing industry momentum for closed-loop systems.
President Trump's laissez-faire stance on the dollar's slide to a four-year low risks backfiring on his core promise to lower living costs, as analysts warn a weak currency could fuel inflation and thwart rate cuts.
Exclusive: A newly revealed State Department cable directs embassies worldwide to audit all assistance programs against stringent new rules prohibiting funding for groups involved in abortion services, diversity initiatives, and gender identity advocacy, expanding a long-contested policy to nearly $30 billion in foreign aid.
Tencent Holdings has received regulatory approval to import Nvidia's advanced H200 AI chips, a significant move that enhances its competitive edge in cloud and AI services while navigating ongoing US technology restrictions.
German defense giant Rheinmetall has inked a significant, multi-year framework agreement to supply the Dutch armed forces with a range of hand grenades, deepening a strategic partnership that now spans artillery shells to infantry ordnance amid heightened European security concerns.
