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With Jerome Powell's term ending in May, Treasury Secretary Bessent reveals the shortlist has narrowed to four. Here's who could become the next leader of the world's most powerful central bank.
Treasury Secretary Scott Bessent finds himself caught between loyalty to President Trump and protecting market stability as the DOJ investigation of Fed Chair Jerome Powell intensifies.
Tech sector layoffs continue into 2026 with 5,285 workers affected in the first two weeks of January as companies prioritize AI investments and efficiency.
Traditional sportsbook stocks crashed as prediction market Kalshi hit $2 billion in weekly volume. Sports betting now accounts for 91% of Kalshi's trades.
Reports suggest the Maduro regime controlled 650,000 Bitcoin worth $61 billion. If seized, this windfall could triple the US Strategic Bitcoin Reserve overnight.
Tesla reported its second consecutive year of delivery declines as the company's robotaxi ambitions face mounting skepticism. Waymo delivered 14 million autonomous rides in 2025.
American Express reports Q4 earnings January 30. With affluent spending holding steady, what the credit card giant's results reveal about the economy's upper tier.
Crude oil stabilizes near $59 as traders digest easing Iran tensions and prepare for a challenging 2026 with surplus supply expected to push prices lower.
The landmark trade deal commits Taiwanese semiconductor companies to massive US investments in exchange for tariff reductions, with TSMC planning Arizona expansion.
Meta announced 1,500 layoffs in its Reality Labs division as the company shifts investment from metaverse development to AI-powered wearables.
The Supreme Court will hear oral arguments on President Trump's attempt to fire Federal Reserve Governor Lisa Cook, in a case that could fundamentally alter central bank independence.
Goldman Sachs and Morgan Stanley reported record quarterly results with investment banking fees surging over 20%, signaling a major M&A renaissance in 2026.