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SHOCKING: 35 - You Need To See This

Senate confirms Trump’s Fed chair nominee Kevin Warsh as Powell’s replacement

IN FULL

The Independent UK

Warsh clinches Senate approval to be Fed's next chair as inflation intensifies

In a pivotal moment for the economy, the US Senate has officially confirmed Kevin Warsh as the chair of the Federal Reserve, just as inflation escalates. With President Donald Trump advocating for reduced interest rates, Warsh's leadership will be crucial at the next central bank meeting, where policymakers are wrestling…

The Economic Times

Kevin Warsh Confirmed As Next Chairman Of The Federal Reserve, Replacing Jerome Powell

The Senate confirmed on Wednesday Kevin Warsh as the next chair of the Federal Reserve, replacing Jerome Powell.

International Business Times

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US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome Powell

Kevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are rising. The Fed faces internal disagreements. President Trump has pressured the Fed for lower interest rates. Warsh promises independence. He faces challenges in managing…

The Economic Times

Kevin Warsh confirmed to lead Federal Reserve

He becomes Fed chair at a moment of resurgent inflation, public discontent with the economy and attacks on the central bank's independence.

Axios

US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell

Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower rates

The Guardian - US

Trump Fed chair nominee Kevin Warsh is confirmed by Senate as Jerome Powell vows to stay on board

Kevin Warsh stressed that the president did not make him pledge to cut interest rates to secure his nomination to head the Federal Reserve

The Independent UK

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3 Sectors That Look Most Vulnerable Ahead of May 15

A new Fed chair takes over May 15 as inflation stays elevated and three key market sectors flash bearish signals. Here's what investors need to watch.

MarketBeat

The U.S. inflation problem is getting worse

The PPI for final demand rose 1.4% in April alone, and is up 6% over the last 12 months.

Axios

Warsh confirmed to lead Federal Reserve

The Senate confirmed Kevin Warsh on Wednesday to become chairman of the Federal Reserve for a four-year term. The 54-45 vote concludes the process two days before Fed Chair Jerome Powell’s term ends. The Senate confirmed Warsh on Tuesday to a 14-year term on the board, effective as of Feb. 1, 2026.…

Roll Call

US stock market today: Why is Dow Jones crashing while the S&P 500 and Nasdaq rise? Dow falls 260 points as inflation heats up and Trump heads to China

US stock market today: Dow Jones, S&P 500, and Nasdaq moving in opposite directions. Dow falls 260 points today as inflation heats up and President Donald Trump arrived in China for a major summit with Xi Jinping. S&P 500 and Nasdaq pushed higher, led by another powerful rally in chip…

The Economic Times

Chip Stock Strength Lifts the Broader Market

The S&P 500 Index ($SPX ) (SPY ) today is up +0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. June E-mini S&P futures (ESM26 ) are up +0.12%, and June E-mini Nasdaq futures...

Barchart

Dollar Climbs as Inflation Fears Push Bond Yields Higher

The dollar index (DXY00 ) climbed to a 1.5-week high today and is up by +0.22%. The dollar is moving higher today on the stronger-than-expected US Apr PPI report, which was hawkish for Fed policy. The dollar also has safe-haven support on concerns that the US-Iran ceasefire may break down...

Barchart

Stocks Pressured by Signs of Resurgent Inflation

The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.05%. June E-mini S&P futures (ESM26 ) are down -0.20%, and June E-mini Nasdaq futures...

Barchart

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International Business Times UK

Donald Trump Tells Black reporter 'You Are Not a Smart Person' After Questioning New White House Ballroom Doubled Cost

Donald Trump clashed with a Black female reporter over the doubling cost of his White House ballroom project, sparking criticism and highlighting ongoing racial tensions.

Barchart

Stock Index Futures Gain as Tech Stocks Rebound, U.S. PPI Data and Trump-Xi Summit in Focus

June S&P 500 E-Mini futures (ESM26) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.79% this morning, buoyed by gains in technology stocks, while investors gear up for crucial U.S. producer inflation data and the highly anticipated Trump-Xi summit.

International Business Times UK

Trump Called Two Female Reporters 'Dumb' and 'Stupid' in Minutes — Here Is Every Woman Journalist He Has Attacked

President Trump called MS NOW's Akayla Gardner 'dumb' and a second reporter 'stupid' within minutes on 12 May, adding to a growing list of women journalists he has publicly insulted.

The Economic Times

US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April data

Chicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving in an unfavourable direction. He noted inflation remains sticky despite a stable labour market, reinforcing caution among policymakers as the Federal Reserve continues to assess its rate path amid mixed economic…

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The Economic Times

Silver jumps Rs 17,000/kg, gold soars to Rs 1.62 lakh/10g after centre hikes import duty. What should investors do?

Gold and silver prices surged on MCX after the government hiked customs duty on precious metal imports to 15%. This led to significant jumps in July 2026 silver futures and June 2026 gold futures. The move follows a rise in U.S. consumer inflation, impacting global market sentiment and reducing expectations…

The Economic Times

Dollar near one-week high as hot U.S. inflation fans Fed hike bets, peace talks stall

Global markets felt the heat as a surprising U.S. inflation surge boosted Treasury yields, weakening the euro and sterling. Rising oil prices, fueled by Middle East tensions, further dampened investor sentiment. The U.S. dollar index held firm, reflecting a cautious risk appetite as equity markets lacked upward momentum. Meanwhile, the…

The Economic Times

Global Market Today: Asian stocks track Wall Street lower on US CPI

Asian stocks declined as US inflation accelerated, influenced by rising oil prices following the conflict in Iran. This prompted an increase in Treasury yields and boosted bets on a Federal Reserve rate hike in 2027. Elevated oil prices and inflation risks now threaten the recent equity rebound, particularly impacting chipmakers.

International Business Times UK

Donald Trump Lashes Out at Female Reporter in Ugly Scene Just Hours Before Departing for Beijing

US President Trump insulted female journalists questioning his administration's spending on renovations, sparking controversy over his treatment of women in the media.

Barchart

Stocks Settle Mixed on Tech Weakness and Inflation Pressures

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.87%. June E-mini S&P futures (ESM26 ) fell -0.16%, and June E-mini Nasdaq futures...

Kiplinger

Investors Pull in on Chip Stocks After Hot Inflation: Stock Market Today

The shutdown of the Strait of Hormuz is showing up on these shores in the form of the hottest CPI inflation print in three years.

The Economic Times

US stocks today: S&P 500, Nasdaq end lower as inflation, Iran tensions weigh

US stocks closed lower as hotter-than-expected inflation and escalating US-Iran tensions weighed on sentiment. The S&P 500 and Nasdaq retreated from record highs, led by tech weakness, while Dow held steady. Rising oil prices and fears of prolonged inflation reduced hopes of Fed rate cuts and lifted rate-hike bets.

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