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Jerome Powell to Step Down as Fed Chair by May 15, Kevin Warsh Set to Take Over
Jerome Powell will conclude his term as Fed Chair by May 15, 2026, with Kevin Warsh expected to succeed him, according to prediction markets.
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PIMCO CIO Warns Iran War Could Force Fed Rate Hike
PIMCO CIO warns Iran conflict may force Fed rate hikes, signaling a shift from expected cuts due to soaring energy prices.
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Kevin Warsh on Track to Succeed Powell as Fed Chair by May 15
Prediction markets show a 93.5% probability of Kevin Warsh's confirmation as Fed Chair by May 15, succeeding Jerome Powell.
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S&P 500 Hits New Record, Tech and AI Stocks Lead the Charge
The S&P 500 closed at an all-time high of 7,398.93, driven by gains in key tech and AI stocks despite oil prices surpassing $100 per barrel.
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FIRE: The Blueprint for Financial Freedom
Explore the FIRE strategy for achieving financial independence and early retirement through disciplined saving and investing.
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FBI Busts Decade-Long Insider Trading Ring, 30 Charged Across US, Russia, and Israel
The FBI and SEC charged 30 individuals in a massive insider trading scheme exploiting M&A deals, with defendants including lawyers and fugitives abroad.
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Global Gold ETFs Surge with $6.6 Billion Inflow in April
Global gold ETFs see a $6.6 billion inflow in April, reversing March's outflows amid a weakening US dollar and strong central bank demand.
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Pakistan to Issue First Panda Bond Next Week, Finance Minister Says
Pakistan plans to issue its first yuan-denominated Panda Bond worth $250 million next week, backed by Asian development banks.