
Senate Confirms Kevin Warsh as Federal Reserve Chair
The Senate confirmed Kevin Warsh as the next Federal Reserve chair, with support from Republicans and at least one Democrat.

The Senate confirmed Kevin Warsh as the next Federal Reserve chair, with support from Republicans and at least one Democrat.

A Manhattan judge ruled that prosecutors can use a gun and notebook as evidence against Luigi Mangione but must suppress other items from his backpack.

Financial markets showed mixed signals this week as rising Treasury yields pressured some sectors while tech stocks experienced varied performance amid ongoing AI optimism.
A Manhattan federal jury ruled that Live Nation and its Ticketmaster subsidiary illegally monopolized the live event ticketing market after a lawsuit by dozens of states.

Semiconductor and technology stocks faced significant declines this week, with over $1 trillion in market value erased as investors rotated toward defensive sectors.
A refund system launches Monday for businesses that paid tariffs the Supreme Court found Trump imposed without constitutional authority.
Warren Buffett's Berkshire Hathaway announced plans to acquire U.S. homebuilder Taylor Morrison in a deal valued at approximately $6.8-8.5 billion.

U.S. and global bond yields have surged to their highest levels since 2023 amid growing concerns about persistent inflation and potential Federal Reserve policy shifts.

Publicis Groupe announced plans to acquire American data company LiveRamp in a deal valued between $2.2-2.5 billion, marking significant consolidation in advertising technology.
Oil giant BP's board unanimously removed Chairman Albert Manifold citing serious concerns about governance standards, oversight and conduct.
Inflation concerns mount as oil prices and travel costs surge, prompting central bank consideration of rate hikes and company efforts to attract price-sensitive consumers.

Financial markets face multiple pressures from Middle East tensions, European economic concerns, and shifting investment patterns across various industries.

Rising energy costs from ongoing conflict push U.S. gasoline prices toward $4 per gallon while German inflation reaches highest level in over a year.

Asian markets declined and oil reached four-year highs as central banks face pressure from rising energy costs and economic uncertainties.

The United States announced a loan of 53.3 million barrels from its Strategic Petroleum Reserve as gas prices continue to pressure consumers.
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