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Federal Reserve Leadership in Flux: Powell and Warsh to Meet
The Federal Reserve's upcoming FOMC meeting raises speculation of Jerome Powell's early departure and Kevin Warsh's potential confirmation as Chair.
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Federal Reserve Shifts Toward Rate Hikes as Inflation Hits 3.3%
Fed officials pivot from rate cut talks to potential hikes due to persistent inflation and geopolitical tensions.
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Justice Department Drops Investigation into Fed Chair Jerome Powell
The DOJ ends its criminal probe into Powell, clearing the way for Kevin Warsh's confirmation as Fed Chair.
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Powell to Stay on Fed Board Amid Trump Legal Challenges
Jerome Powell remains on the Fed Board as Trump's legal battles and Senate resistance complicate Kevin Warsh's confirmation as Chair.
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KKR Commits $10 Billion to AI Power Plants, Bolstering US Tech Infrastructure
KKR invests $10 billion in AI-focused power plants and data centers, supporting Google and other major tech firms.
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Rent Now, Pay Later? The Housing Affordability Crisis Goes Fintech
How fintech firms like Esusu and Flex let tenants split rent, but consumer advocates see predatory lending.
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Spirit Airlines Shuts Down After Failed $500 Million Bailout with Trump Administration
Spirit Airlines ceases operations, grounding all flights, impacting 17,000 employees after failed bailout talks.
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Alphabet Surges $420B, Closing Gap on Nvidia as Top US Company
Alphabet's market cap jumped $420 billion, now within 6% of Nvidia. Geopolitical pressures on Nvidia's chip exports boost Alphabet's diversified appeal.