Economy

Trump finally makes his Fed chair pick

Investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates.

Everything you need to know about Kevin Warsh, Trump's pick to lead the Federal Reserve

Kevin Warsh, a former Fed governor, has emerged as Donald Trump’s pick to lead the Federal Reserve. Here’s his background, views and why it matters.

Producer prices rose 3% in 2025 as inflation lingered

Inflation, as measured by the producer price index, rose 3% the year ending in December, the Bureau of Labor Statistics reported Friday, more than many economists had expected.

Trump nominates Kevin Warsh to be next Fed chairman

President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to be the next chairman of the central bank’s Board of Governors.

Will talk of 'Trump Boom' backfire at the ballot box?

Treasury Secretary Scott Bessent is promising that 2026 will be the year of the “Trump boom,” but some economists wonder if President Donald Trump’s chief economic messenger is writing checks that the White House can’t cash.

Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell

President Trump named Kevin Warsh to succeed Jerome Powell as Fed chair, ending an odyssey that has seen unprecedented turmoil around the central bank.

Microsoft stock is flat the day after sinking 10%. Here's why

Microsoft's stock saw its biggest daily decline since 2020 on Thursday after investors were dismayed by its cloud computing business not growing enough.

Who’s turning up for oil rig work in post-Maduro Venezuela?

A long history of underinvestment, extreme political risk, and organized crime. These are just some of the issues that U.S. oil and minerals companies might face if they were to set foot into Venezuela now that there appears to be a ray of light following the removal of the country’s dictator, Nicolas Maduro.

Silver plunges 30% in worst day since 1980, gold tumbles as Warsh pick eases Fed independence fear

Gold and silver prices plunged on Friday, following weeks of gains as investors poured money into safe havens.

World leaders flock to Beijing, hedging against U.S. disruptions

Nations that avoided China in recent years are now sending their leaders to Beijing for meetings with Chinese President Xi Jinping.

Gold and silver stumble after record run. Is now the time to enter the market?

Gold and silver prices fell sharply on Friday, snapping a powerful rally that had carried both metals to record highs in recent weeks.

European markets close higher after busy week of corporate earnings

European stocks closed higher on Friday, as international relations and corporate earnings remained in focus.