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Kevin Warsh Confirmed as Fed Chair as Inflation and Rate-Cut Pressure Intensify

Kevin Warsh was confirmed as Federal Reserve chair on Wednesday, May 13, 2026, placing President Donald Trump’s nominee at the center of a high-stakes debate over inflation, interest rates and the independence of the U.S. central bank. The Senate approved Warsh in a 54–45 largely party-line vote, clearing the way for the former Federal Reserve official to succeed Jerome Powell. The confirmation followed uncertainty tied to a Justice Department investigation involving Powell, whi

Finance & Economics

14 May 2026 00:51 AM

Kevin Warsh Confirmed as Fed Chair as Inflation and Rate-Cut Pressure Intensify

Kevin Warsh was confirmed as Federal Reserve chair on Wednesday, May 13, 2026, placing President Donald Trump’s nominee at the center of a high-stakes debate over inflation, interest rates and the independence of the U.S. central bank. The Senate approved Warsh in a 54–45 largely party-line vote, clearing the way for the former Federal Reserve official to succeed Jerome Powell. The confirmation followed uncertainty tied to a Justice Department investigation involving Powell, whi

Finance & Economics

US stock futures rise after Trump announces UK trade deal and AI chip rollback

Stock futures rose sharply on Thursday following an announcement from President Donald Trump that the United States and the United Kingdom have finalized a major trade agreement. This development sparked enthusiasm across Wall Street, especially in technology stocks, and contributed to a strong premarket rally. Futures tied to the Dow Jones Industrial Average gained 303 points, a 0.7% increase, while futures on the S&P 500 and Nasdaq

Stock Market

08 May 2025 09:12 AM

US stock futures rise after Trump announces UK trade deal and AI chip rollback

Stock futures rose sharply on Thursday following an announcement from President Donald Trump that the United States and the United Kingdom have finalized a major trade agreement. This development sparked enthusiasm across Wall Street, especially in technology stocks, and contributed to a strong premarket rally. Futures tied to the Dow Jones Industrial Average gained 303 points, a 0.7% increase, while futures on the S&P 500 and Nasdaq

Stock Market

Asia-Pacific Stocks Struggle Amid Trump’s Pressure on Fed and Powell’s Response

Asia-Pacific markets traded mixed on Tuesday, reflecting investor caution after a turbulent session on Wall Street. The instability stemmed from renewed political pressure by U.S. President Donald Trump on Federal Reserve Chairman Jerome Powell. Trump's latest comments criticizing Powell’s leadership and calling for lower interest rates reverberated through global markets, reigniting concerns about central bank independence and its role in shaping monetary policy.

Stock Market

22 Apr 2025 07:16 AM

Asia-Pacific Stocks Struggle Amid Trump’s Pressure on Fed and Powell’s Response

Asia-Pacific markets traded mixed on Tuesday, reflecting investor caution after a turbulent session on Wall Street. The instability stemmed from renewed political pressure by U.S. President Donald Trump on Federal Reserve Chairman Jerome Powell. Trump's latest comments criticizing Powell’s leadership and calling for lower interest rates reverberated through global markets, reigniting concerns about central bank independence and its role in shaping monetary policy.

Stock Market

Stock Market Tumbles as Inflation, AI Uncertainty, and Consumer Worries Weigh on Investors

The stock market suffered a sharp sell-off on Friday as fears over inflation, declining consumer confidence, and doubts about artificial intelligence investments combined to push major indexes lower. The S&P 500 dropped 2%, making it the second-worst trading day of 2025 for the broad-based index, while the Nasdaq Composite tumbled 2.7%, breaching its lowest point for the year. The Dow Jones Industrial Average also slumped, losing 1.7% as investors reacted to concerning economic signals.

Money & Investments

29 Mar 2025 08:20 AM

Stock Market Tumbles as Inflation, AI Uncertainty, and Consumer Worries Weigh on Investors

The stock market suffered a sharp sell-off on Friday as fears over inflation, declining consumer confidence, and doubts about artificial intelligence investments combined to push major indexes lower. The S&P 500 dropped 2%, making it the second-worst trading day of 2025 for the broad-based index, while the Nasdaq Composite tumbled 2.7%, breaching its lowest point for the year. The Dow Jones Industrial Average also slumped, losing 1.7% as investors reacted to concerning economic signals.

Money & Investments

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

Business

16 Dec 2024 06:34 AM

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

Business

Equity Indices Decline as Markets Anticipate US Interest Rate Cut

Benchmark equity indices experienced a decline, snapping a two-day winning streak as market participants adopted a cautious approach ahead of the highly anticipated interest rate cut from the US Federal Reserve. This would mark the first rate cut since 2020, following a series of eight consecutive meetings where rates remained unchanged. The India VIX, a measure of market volatility, increased by 6.2%, closing at 13.37. Information technology stocks significantly impacted the indice

Business

18 Sep 2024 08:32 AM

Equity Indices Decline as Markets Anticipate US Interest Rate Cut

Benchmark equity indices experienced a decline, snapping a two-day winning streak as market participants adopted a cautious approach ahead of the highly anticipated interest rate cut from the US Federal Reserve. This would mark the first rate cut since 2020, following a series of eight consecutive meetings where rates remained unchanged. The India VIX, a measure of market volatility, increased by 6.2%, closing at 13.37. Information technology stocks significantly impacted the indice

Business

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#us-federal-reserve

Kevin Warsh Confirmed as Fed Chair as Inflation and Rate-Cut Pressure Intensify

Kevin Warsh Confirmed as Fed Chair as Inflation and Rate-Cut Pressure Intensify

US stock futures rise after Trump announces UK trade deal and AI chip rollback

US stock futures rise after Trump announces UK trade deal and AI chip rollback

Asia-Pacific Stocks Struggle Amid Trump’s Pressure on Fed and Powell’s Response

Asia-Pacific Stocks Struggle Amid Trump’s Pressure on Fed and Powell’s Response

Stock Market Tumbles as Inflation, AI Uncertainty, and Consumer Worries Weigh on Investors

Stock Market Tumbles as Inflation, AI Uncertainty, and Consumer Worries Weigh on Investors

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Equity Indices Decline as Markets Anticipate US Interest Rate Cut

Equity Indices Decline as Markets Anticipate US Interest Rate Cut

Anthropic H-1B Filings Show AI Base Salaries as High as $1.38 Million

US H-1B debate intensifies as Krishnamoorthi pushes expansion plan

Milma Approves ₹4 Per Litre Milk Price Hike In Kerala From May 20

Toyota, Lexus, Subaru Recall 94,000 Cars Over Defroster Fault

J&K Assembly Erupts Over Gulmarg Fashion Show Held During Ramzan

Operation Mahadev: 3 Militants Gunned Down Outside Srinagar

West Bengal Elections: BJP Achieves Historic Win

Amazon Web Services to Invest $8.2 Billion in Maharashtra to Expand Cloud Infrastructure

Trump diagnosed with chronic venous insufficiency, says White House

Street Fighter Trailer Out: Vidyut Jamwal, Jason Momoa Lead Action-Packed Reboot

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Anthropic H-1B Filings Show AI Base Salaries as High as $1.38 Million

US H-1B debate intensifies as Krishnamoorthi pushes expansion plan

Milma Approves ₹4 Per Litre Milk Price Hike In Kerala From May 20

Toyota, Lexus, Subaru Recall 94,000 Cars Over Defroster Fault

J&K Assembly Erupts Over Gulmarg Fashion Show Held During Ramzan

Operation Mahadev: 3 Militants Gunned Down Outside Srinagar

West Bengal Elections: BJP Achieves Historic Win

Amazon Web Services to Invest $8.2 Billion in Maharashtra to Expand Cloud Infrastructure

​Trump diagnosed with chronic venous insufficiency, says White House

Street Fighter Trailer Out: Vidyut Jamwal, Jason Momoa Lead Action-Packed Reboot

#us-federal-reserve

Kevin Warsh Confirmed as Fed Chair as Inflation and Rate-Cut Pressure Intensify

Kevin Warsh Confirmed as Fed Chair as Inflation and Rate-Cut Pressure Intensify

US stock futures rise after Trump announces UK trade deal and AI chip rollback

US stock futures rise after Trump announces UK trade deal and AI chip rollback

Asia-Pacific Stocks Struggle Amid Trump’s Pressure on Fed and Powell’s Response

Asia-Pacific Stocks Struggle Amid Trump’s Pressure on Fed and Powell’s Response

Stock Market Tumbles as Inflation, AI Uncertainty, and Consumer Worries Weigh on Investors

Stock Market Tumbles as Inflation, AI Uncertainty, and Consumer Worries Weigh on Investors

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Equity Indices Decline as Markets Anticipate US Interest Rate Cut

Equity Indices Decline as Markets Anticipate US Interest Rate Cut

Anthropic H-1B Filings Show AI Base Salaries as High as $1.38 Million

US H-1B debate intensifies as Krishnamoorthi pushes expansion plan

Milma Approves ₹4 Per Litre Milk Price Hike In Kerala From May 20

Toyota, Lexus, Subaru Recall 94,000 Cars Over Defroster Fault

J&K Assembly Erupts Over Gulmarg Fashion Show Held During Ramzan

Operation Mahadev: 3 Militants Gunned Down Outside Srinagar

West Bengal Elections: BJP Achieves Historic Win

Amazon Web Services to Invest $8.2 Billion in Maharashtra to Expand Cloud Infrastructure

​Trump diagnosed with chronic venous insufficiency, says White House

Street Fighter Trailer Out: Vidyut Jamwal, Jason Momoa Lead Action-Packed Reboot

Popular Cities

Trump diagnosed with chronic venous insufficiency, says White House

Trump diagnosed with chronic venous insufficiency, says White House