Kevin Warsh took the oath as chair of the Federal Reserve in a White House ceremony where President Trump urged him to support economic growth while preserving the Fed’s independence.
President Trump called on Federal Reserve Chair Kevin Warsh to act independently, distancing him from political pressure after months of criticism toward the previous chair over interest rate decisions.
Kevin Warsh begins his tenure as Federal Reserve chair amid President Trump’s demands for rate cuts, inflation concerns, and institutional tensions within the Fed.
New York City’s chief financial officer warns AI may eliminate thousands of jobs this year, urging proactive local policies to manage both risks and opportunities.
Terraform Labs accuses Jane Street and traders of exploiting a private Telegram group to trade TerraUSD ahead of its depegging, triggering significant market losses.
Recent spikes in U.S. Treasury yields linked to geopolitical tensions have increased borrowing expenses, impacting mortgage rates, credit cards, and auto loans for consumers.
Chennai Super Kings faced a challenging IPL 2026 campaign marked by injuries and inexperience, as captain Ruturaj Gaikwad highlights the squad’s ongoing rebuild and resilience.
The Federal Reserve introduced a plan for restricted payment accounts aimed at fintech and crypto-linked banks, while pausing Tier 3 application decisions pending regulatory review.
Grocery shoppers turn to select stores for quality steaks that balance taste and price during grilling season, offering options from budget-friendly to premium cuts.
Kolkata Knight Riders secured a vital victory over Mumbai Indians, with key performances from Manish Pandey and Rovman Powell keeping their IPL 2026 playoff hopes alive.
The US Treasury imposed new sanctions on a crypto money-laundering ring led by key figures tied to the Sinaloa Cartel’s fentanyl operations, including several Ethereum addresses.
The increase in government bond yields in Japan and the US signals mounting economic uncertainty, further challenging crypto assets amid inflation and geopolitical tensions.