Kevin Warsh clears key Senate hurdle to replace Fed chair Powell A Senate committee advances Trump’s pick as doubts linger over the Fed’s independence and Powell’s future The Guardian - US · Apr 29
Stocks Pressured as Soaring Crude Prices Raise Inflation Concerns The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.20%. June E-mini S&P futures (ESM26 ) are down -0.15%, and June E-mini Nasdaq futures... Barchart · Apr 29
Stocks Fall on AI Jitters and Surging Crude Oil Prices The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.49%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.01%. June E-mini S&P futures (ESM26 ) fell -0.46%, and June E-mini Nasdaq futures... Barchart · Apr 28
Secretary of War faces Senate grilling over $1.5T budget even as GOP senators quietly await his exit Secretary of War Pete Hegseth is heading to Capitol Hill this week to defend the Pentagon’s $1.5 trillion budget request, but the real drama might not be the numbers. It’s the growing chorus of GOP senators who are done waiting for him to leave. The Mary Sue · Apr 28
AI Fears and Surging Crude Oil Prices Weigh on Stocks The S&P 500 Index ($SPX ) (SPY ) today is down -0.66%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.30%. June E-mini S&P futures (ESM26 ) are down -0.63%, and June E-mini Nasdaq futures... Barchart · Apr 28
Fed Expected To Keep Rates Unchanged Ahead Of Potential Leadership Change The Federal Reserve is expected to keep interest rates unchanged after its meeting end on Wednesday, according to a new report. International Business Times · Apr 28
Stocks Pressured by AI Fears and Soaring Crude Oil Prices The S&P 500 Index ($SPX ) (SPY ) today is down -0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.78%. June E-mini S&P futures (ESM26 ) are down -0.44%, and June E-mini Nasdaq futures... Barchart · Apr 28
April Fed Meeting: Updates and Commentary The April Fed meeting was Jerome Powell's last as chair of the central bank, but he's not leaving the central bank just yet. Kiplinger · Apr 27
Tech Earnings Optimism Powers Stocks Higher The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.12%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.01%. June E-mini S&P futures (ESM26 ) rose +0.14%, and June E-mini Nasdaq futures... Barchart · Apr 27
Nasdaq Notches Another New All-Time High: Stock Market Today Two of the three main U.S. equity indexes hit new all-time highs at the start of a big week for earnings and interest rates. Kiplinger · Apr 27
By Dropping Her Criminal Probe of Jerome Powell, Jeanine Pirro Confirms Its Political Motivation Even Republican critics of the Federal Reserve chairman's performance rejected the notion that he had broken the law by lying about the renovation of the central bank's headquarters. Reason · Apr 27
Only Half Of Economists Believe Kevin Warsh Would Be An Independent Fed Chair: Poll Only half of Americans believe Kevin Warsh would maintain the Federal Reserve's independence should he be confirmed as chair, according to a new poll. International Business Times · Apr 27
Republicans Senators are growing more frustrated with Pete Hegseth and want to see Trump ‘move on’: report Hegseth’s high turnover of military leadership leads Republican senators to warn he wouldn’t pass confirmation today The Independent UK · Apr 27
Stocks Slip as Higher Oil Prices Spur Inflation Concerns The S&P 500 Index ($SPX ) (SPY ) today is down -0.12%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. June E-mini S&P futures (ESM26 ) are down -0.14%, and June E-mini Nasdaq futures... Barchart · Apr 27
Barchart · Apr 27 Stocks Pressured by Higher Oil Prices The S&P 500 Index ($SPX ) (SPY ) today is unchanged, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.10%. June E-mini S&P futures (ESM26 ) are down -0.02%, and June E-mini Nasdaq futures (NQM26...
International Business Times UK · Apr 27 Pete Hegseth Faces GOP Revolt as Senators Warn of 'Hollowing Out' at Pentagon Senate Republicans are turning on Defence Secretary Pete Hegseth, accusing him of hollowing out top military ranks and mishandling senior personnel changes at the Pentagon.
International Business Times · Apr 27 GOP Sen. Says He Won't Block Nomination Of Kevin Warsh As Fed Chair After DOJ Drops Investigation Of Jerome Powell Republican Senator Thom Tillis said he will support Kevin Warsh's nomination as Federal Reserve chair, paving the way for his confirmation.
Barchart · Apr 27 Stocks Set for Muted Open as Investors Await Big Tech Earnings and Fed Meeting; Middle East Developments in Focus June S&P 500 E-Mini futures (ESM26) are down -0.09%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.06% this morning as investors refrain from making big bets at the start of a busy week featuring earnings from major tech names, the Federal Reserve’s interest rate decision, and a raft…
Roll Call · Apr 27 This week: King Charles to address Congress amid a packed legislative agenda In a more normal week, a reauthorization of surveillance powers, a budget resolution or the farm bill might take center stage on the House floor. This week, the House is scheduled to do all that as well as host a joint meeting of Congress to hear from King Charles III.…
Euronews · Apr 27 Key US senator lifts block on Fed chair nominee Kevin Warsh The Republican senator who had effectively blocked confirmation of President Donald Trump’s pick to lead the Federal Reserve said on Sunday he was dropping his opposition after the Department of Justice ended its investigation of the current central bank chair.
The Independent UK · Apr 26 GOP thorn in Trump’s side says he’ll confirm Fed pick Warsh despite threat of Powell probe still looming DoJ’s decision to end ‘bogus’ probe vindicated Thom Tillis, who had power to hold up the nomination of Trump’s preferred candidate indefinitely
Axios · Apr 26 Tillis will support Warsh, clearing way for Trump's Fed pick "It is time for the Federal Reserve to move beyond this distraction and return its full attention to its mission."
The Times of India · Apr 25 US justice dept closes criminal investigation into Fed chief Jerome Powell, clearing hurdle for Trump nominee Kevin Warsh The Justice Department has closed its investigation into Federal Reserve Chair Jerome Powell regarding headquarters renovation cost overruns. This move removes a hurdle for Kevin Warsh's confirmation as Fed chair. The probe's closure allows scrutiny to continue through the Inspector General's office, with potential for criminal investigation restart if warranted.
Kiplinger · Apr 24 Nasdaq, S&P 500 Reach New All-Time Highs: Stock Market Today The leader of the AI revolution helped carry two of the three main U.S. equity indexes to new highs heading into the weekend.
The Guardian - US · Apr 24 US justice department drops criminal investigation against Jerome Powell Move will remove obstacle for confirmation of Kevin Warsh, Trump’s pick to replace Powell as Federal Reserve chair