Warsh pick doesn’t end talk that Powell could stay on to defend the Fed’s independence
Some Fed watchers say the choice of Warsh means it’s more likely that Powell will continue to stand in Trump’s way.
Author: Wine and Stocks
A luxury ‘phobia’ is gripping these consumers. It’s a red flag for brands like Chanel and Gucci.
In China, conspicuous consumption is out, and “local heroes” are in.
My untrustworthy and selfish brother is executor of our family estate. How do I stop him from cheating us?
“I am the third trustee appointed to my late parents’ trust.”
Kevin Warsh isn’t who investors think he is — how you can profit from their mistake
Trump’s nominee for Fed chair has been hawkish about easy money. But this president demands lower rates.
Trump throws down new tariff threats toward Canada and Mexico
Canada may face 50% tariff on aircraft, Trump says, while also ordering tariffs against countries selling oil to Cuba
OpenAI reportedly eyeing an IPO by year’s end, ahead of Anthropic
OpenAI is eyeing an initial public offering before the end of the year, hoping to beat rival AI startup Anthropic to the punch, the Wall Street Journal reported late Thursday.
Why Microsoft’s stock is getting punished after earnings
Investors focused on the balance between AI spending and AI revenue wanted more juice from Microsoft’s cloud business in the latest quarter.
Investors cheer the end of Southwest’s open-seating era, as airline forecasts a big 2026 profit
Southwest’s five-decade-long era of open seating ended on Tuesday.
Dollar tumbles to a four-year low as Trump claims it’s ‘doing great’
The U.S. dollar fell to its lowest level in four years on Tuesday despite President Donald Trump claiming it was “doing great” in a speech in Iowa.
These home buyers are suing one of the biggest mortgage lenders in America. Why you should pay attention.
A class-action lawsuit against mortgage-lending giant Rocket Companies accuses the company of illegally steering homebuyers toward using their services and away from cheaper alternatives.
