President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led … Read more
Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve … Read more
A jeweller shows gold and silver bars at his shop in downtown Kuwait City on Jan. 12, 2026. Yasser Al-zayyat | Afp | Getty Images Gold and silver prices fell Friday, after hitting record highs a day earlier, as investors book profits after a record-breaking rally this year. Spot gold prices declined over 4% to … Read more
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images The S&P 500 reached a milestone level on Wednesday, hitting 7,000 … Read more
Megacap earnings results next week could lift a stock market that’s broadened out to include a larger number of winners. Earnings kick into high gear next week, with four of the so-called Magnificent Seven companies set to report: Meta Platforms , Microsoft , and Tesla report Wednesday, while Apple posts Thursday. But the group isn’t … Read more
Starbucks could see positive catalyst next week, says Deutsche Bank It’s a big week next week for Starbucks, which is set to report earnings on Wednesday and host an investor day on Thursday. Deutsche Bank anticipates the possibility of some downside risk to the coffee chain’s full-year 2026 guidance, but thinks long-term targets could surprise … Read more
Rick Rieder, BlackRock’s senior managing director, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks Wednesday from President Donald Trump. In a CNBC interview, Trump called Rieder “very … Read more
U.S. President Donald Trump reacts as he leaves the congress centre during the World Economic Forum (WEF) annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | AFP | Getty Images President Donald Trump on Wednesday gave an interview to CNBC’s Joe Kernen on the sidelines of the World Economic Forum in Davos, Switzerland. … Read more
Lisa Cook, governor of the US Federal Reserve, and U.S. President Donald Trump. Ting Shen | Bloomberg | Getty Images | Jonathan Ernst | Reuters The Supreme Court is set to hear oral arguments on Wednesday morning in a case over whether President Donald Trump has the power to fire Federal Reserve Gov. Lisa Cook … Read more
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve in Washington, Dec. 10, 2025. Chip Somodevilla | Getty Images News | Getty Images The saga over President Donald Trump’s efforts to reshape the Federal Reserve has another twist to it, revolving over whether … Read more