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.
Wealth inequality and the ‘K-shaped’ economy are more striking than ever, data shows
The K-shaped economy is as apparent as ever and isn’t going away anytime soon, economists say.
New cars are increasingly becoming a luxury amid K-shaped economy concerns
The market has increasingly been pricing millions of Americans out of the new-vehicle market, including by cutting entry-level vehicle lines such as small cars.
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.
Trump to announce Fed chair nominee Friday; Kevin Warsh may be his pick, according to reports
President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
Trump, two sons, Trump Org sue IRS, Treasury for $10 billion over tax records leak
The Miami federal court lawsuit says the IRS and Treasury failed to prevent the leak of Trump’s tax records by former IRS employee Charles Littlejohn.
Apple can’t secure enough chips as iPhone demand surges, memory prices rise
Apple on Thursday said iPhone sales in the March quarter could be even better than the company’s forecast if it could secure enough chips to meet demand.
Elon Musk’s $20 billion spending plan signals ‘Tesla of yesterday is gone’
Tesla expects to more than double capital spending in 2026 as it invests heavily in robotics and driverless technology.
Microsoft lost $357 billion in market cap as stock plunged most since 2020
As investors sold shares of Microsoft on Thursday, the $3.22 trillion company dragged down the software complex and the S&P 500 index.
Apartment rents just dropped to the lowest level in 4 years
Apartment rents are falling sharply due to weaker economic conditions and growing job losses.
