Nominee Kevin Warsh's desire to aggressively shrink the Federal Reserve's multi-trillion dollar holdings collides with a financial system now structurally dependent on ample liquidity, making rapid contraction a high-risk endeavor, analysts say.
India's latest budget proposal maintains its stringent 30% tax on crypto gains and 1% TDS, while introducing a new penalty regime for non-compliance with transaction reporting, including daily fines and a flat $545 charge for errors.
Russia's former president Dmitry Medvedev cautions that the potential lapse of the last major U.S.-Russia nuclear arms treaty without a successor could plunge the world into an unprecedented era of strategic instability unseen since the Cold War.
President Trump's nomination of former Fed Governor Kevin Warsh to lead the central bank sets the stage for a pivotal confirmation battle, raising questions about monetary policy direction and the erosion of the Fed's political firewall.
Economist Peter Schiff, famed for foreseeing the 2008 collapse, now predicts a severe market correction driven by high mortgage rates and unsustainable prices, potentially triggering widespread defaults. While today's market fundamentals differ, his warning underscores deep-seated affordability concerns.
President Trump nominates former Fed governor Kevin Warsh to lead the central bank, setting the stage for a potential shift in monetary policy and a test of the institution's famed independence.
Bitcoin struggles to find a floor, trading near November lows as the nomination of Kevin Warsh for Fed Chair fails to spark a rally. Persistent outflows from US spot ETFs and a broader risk-off mood compound the pressure, raising fresh doubts about the cryptocurrency's 'digital gold' narrative.
As Jerome Powell prepares to hand over the reins, his public counsel to a successor underscores the delicate balance between central bank independence and democratic accountability. With Kevin Warsh named as his replacement, the Fed may be poised for a significant shift in philosophy and approach.
The U.S. Federal Trade Commission has issued warnings to 42 prominent law firms, suggesting their diversity, equity, and inclusion hiring initiatives could violate antitrust laws by potentially restricting competition for talent.
U.S. equity markets slipped Thursday as Treasury yields climbed following President Trump's announcement that he will nominate former Fed Governor Kevin Warsh as the next central bank chair. The move, seen as potentially less dovish, overshadowed positive economic data and corporate earnings.
President Trump nominates Kevin Warsh, a former Fed governor with a history of advocating for lower interest rates and expressing favorable views on Bitcoin, to lead the Federal Reserve, a move that could reshape monetary policy and digital asset markets.
President Donald Trump has announced his intention to nominate Kevin Warsh, a former Federal Reserve governor and seasoned financial crisis veteran, to chair the central bank. The move signals a potential shift in monetary policy direction and reignites debates over Fed independence.
President Donald Trump's selection of former Fed Governor Kevin Warsh to lead the central bank is widely seen as a move to accelerate the rollback of post-crisis financial rules and align regulatory policy more closely with White House objectives, analysts say.
The United Nations has condemned the seizure of critical telecommunications equipment from its offices in Sanaa by Houthi forces, warning the move severely hampers humanitarian efforts for millions of Yemenis amid a worsening crisis.
Progress Software Corporation (PRGS) sees bullish sentiment from Wall Street following its Q4 2025 results, with analysts highlighting its growing recurring revenue and strategic positioning in the enterprise software market.
U.S. stock index futures trimmed early declines after President Donald Trump nominated former Fed governor Kevin Warsh to lead the central bank, a move seen as injecting moderate policy views amid economic uncertainty.
Reuters reveals that senior U.S. diplomats suppressed graphic cables from aid officials detailing catastrophic famine and devastation in northern Gaza in early 2024, preventing the warnings from reaching top Biden administration leadership.
SAP SE's stock plunged to a yearly low following a cautious sector outlook from JPMorgan, which highlighted AI's potential to disrupt traditional SaaS business models, despite the company reporting robust annual earnings.
President Donald Trump is set to announce his nominee for Federal Reserve Chair on Friday, with multiple reports indicating former Fed governor Kevin Warsh is the leading candidate to succeed Jerome Powell, a move already rippling through currency markets.
President Trump is preparing to nominate former Fed Governor Kevin Warsh to lead the central bank, according to people familiar with the discussions, a move that triggered immediate market reactions as investors assessed the potential policy shift.
