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Kevin Warsh, Donald Trump's nominee to lead the US Federal Reserve, pledged to protect central bank independence during his confirmation hearing. This hearing is crucial as Warsh seeks to succeed Fed Chair Jerome Powell, whose…
After more than a decade criticizing the U.S. central bank, former Federal Reserve Governor Kevin Warsh faces a mark-to-market moment in a Senate hearing on Tuesday. Lawmakers will likely press Warsh to flesh out his…
Financial markets are in a buoyant mood as U.S. President Donald Trump signals confidence that the war in Iran will end soon, with talks probably on the cards again this weekend. Investors will learn more…
Stocks surged Friday, extending a record-setting run that’s sending the S&P 500 Index toward its biggest monthly gain since 2020. This follows the re-opening of the Strait of Hormuz, which is expected to ease an…
“Earnings don't move the overall market; it's the Federal Reserve Board. Focus on the central banks, and focus on the movement of liquidity,” stated Stanley Druckenmiller. Liquidity determines how easily money flows through the financial…
The small-cap Russell 2000 hit its first intraday record high on Friday since the U.S.-Iran conflict erupted, joining other major indexes at all-time highs and suggesting the recent equities rally is broadening beyond large companies.…
U.S. wholesale prices surged last month as the Iran war drove up the cost of energy. Excluding volatile food and energy prices, core producer prices rose a modest 0.1% from February and 3.8% from a…
U.S. equity markets ended the session at fresh record highs on Wednesday, with both the S&P 500 and the Dow Jones Industrial Average posting new closing peaks as investors set aside concerns about political pressure…
