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White House confident Warsh will lead Fed in May
3+ week, 15+ hour ago (229+ words) WASHINGTON, April 9 (Reuters) - White House economic adviser Kevin Hassett said on Thursday that he was "confident Kevin Warsh would start as Federal Reserve "chairman in May and that he did not expect current Fed chairman "Jerome Powell to remain on…...
High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods
1+ hour, 32+ min ago (809+ words) Consumers are paying for the Iran war's disruption of global energy production as the conflict enters its third month. Steeper gasoline, diesel and jet fuel prices are making driving and air travel more expensive. Many companies warn there's more to…...
US stocks rally to the finish of their best month since 2020, even as oil prices whipsaw
1+ hour, 3+ min ago (353+ words) NEW YORK (AP) " The U. S stock market motored to more records Thursday as profits keep piling up for'Alphabet, Caterpillar and other big businesses. The gains came after the latest whipsaw moves for oi...
Bessent, Powell summon Wall Street CEOs for emergency meeting over Anthropic AI risks amid Pentagon dispute
2+ week, 6+ day ago (605+ words) Fox News senior national correspondent Rich Edson says the model currently "has no plans" to be publicly available on "Special Report." Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street bank heads to Washington, D. C. , on Tuesday…...
Kevin Hassett on Powell: 'It's time for him to move on"
2+ hour, 1+ min ago (181+ words) White House National Economic Council Director Kevin Hassett joins 'Varney & Co.' to discuss the Fed's independence, Jerome Powell's future at the central bank and the state of the economy. Britney Spears charged with driving under the influence of alcohol and…...
Breathing Room for Shipping Companies Hit by 'Middle East Crisis'. .. Up to 2. 5 Billion Won in Unsecured Support
2+ day, 19+ hour ago (137+ words) Published 28 Apr. 2026 11: 51(KST) Updated 29 Apr. 2026 07: 26(KST) The government will provide liquidity support for shipping companies affected by the prolonged Middle East war, including unsecured loans of up to 2. 5 billion won per company. The Ministry of Oceans and Fisheries and Korea…...
Jamie Dimon warns 8 risks are building "like tectonic plates" beneath the US economy " and a financial earthquake could be next
3+ week, 7+ hour ago (903+ words) This year, the U. S. is celebrating 250 years as an independent nation. But, as Jamie Dimon laid out in his 2026 annual letter to shareholders, there are large, unresolved, multi-year risks ahead (1, 2). "I think some of the larger risks are much like tectonic…...
Jamie Dimon Warns Trump's Iran War Will Harden Inflation and Risks a Recession
3+ week, 3+ day ago (194+ words) JPMorgan Chase CEO Jamie Dimon's annual letter to shareholders on Monday included a dire warning about the potential longer term economic impacts of President Donald Trump's war in Iran. He went on to warn of rising prices and hardening inflation…...
Jamie Dimon Warns Investors Over Risks From War and Threat of Rising Inflation
3+ week, 3+ day ago (246+ words) In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, said investors and businesses faced a series of challenges. By Andrew Ross Sorkin Bernhard Warner Sarah Kessler Michael J. de la Merced Niko Gallogly Brian O'Keefe Ian…...
Jamie Dimon warns of a 'skunk at the party' for markets if inflation builds
3+ week, 3+ day ago (339+ words) JPMorgan released Jamie Dimon's annual letter to shareholders on Monday. Dimon warned that inflation could be rising, driven by factors including wars and government debt. The CEO also said that some of the economic tailwinds might be mildly inflationary. Jamie…...