Politics

This week’s jobs report could come with a shock, lawmakers contend with another government shutdown, Bitcoin hits 10-month low, and more news to start your day.

The hedge fund manager is in the unusual position of having mentored two of the most powerful financial leaders in Washington.

Under Kevin Warsh, President Donald Trump’s pick for Federal Reserve chair, the central bank will likely accommodate Uncle Sam’s spending needs. No wonder so many giant start-ups are eyeing stock offerings this year.

Lieutenants to an Abu Dhabi royal secretly signed a deal with the Trump family to purchase a 49% stake in their cryptocurrency venture, The Wall Street Journal reported, citing company documents and people familiar with the matter.

It’s unclear how quickly lawmakers in the House of Representatives will be able to vote on the bill.

Several portfolio managers reached Friday said they viewed Warsh as unlikely to cater to Trump’s whims or dramatically alter the Fed’ stance.

Under ordinary circumstances, President Donald Trump’s choice of Kevin Warsh to lead the Federal Reserve likely would fly through the Senate confirmation process.

Deputy Attorney Todd Blanche said Friday that the search of the Fulton County elections office was part of a criminal investigation.

Kevin Warsh is among the top three contenders for the next chair. He spoke with Barron’s about rates, inflation, Powell, and more.

Trump picks Warsh to lead the Fed, senators reach a deal to avert government shutdown, Apple’s earnings beat expectations, and more news to start your day.

Policymakers say they want price stability but pursue all the wrong fixes, Mickey D. Levy and Michael D. Bordo write in a guest commentary.

The president apparently moved up his timing after saying the pick would come next week.

Adjusted earnings per share and net revenue for the quarter ended Dec. 31 both surpassed Wall Street’s expectations.

The yellow metal is on a seemingly unstoppable rally.

The oil industry needs a clear path forward for Venezuela’s political future, Jerry Haar writes in a guest commentary.

Federal Reserve Chair Jerome Powell painted an upbeat picture of the economy at his latest press conference, suggesting the Fed could take its time in cutting interest rates.

There is no particular deadline by which the president must nominate a new chair to replace Jerome Powell at the Federal Reserve.

If foreign investors really start to dump U.S. assets, this number could be the reason.

Canada has gotten tough with the U.S. But the country is dependent on the U.S., so is it worth it? Canadian markets are calm so far.

Global markets became increasingly concerned about tensions between the U.S. and Iran.

Casino operator shares fell after robust earnings. Why Macau is behind it.

Fed Chair Powell is confident on the economy, Meta’s AI spending is set to spike, Tesla’s future is all about artificial intelligence, and more news to start your day.

Faced with a $12 billion deficit, New York’s new mayor laid out his plans to pay that down.

Markets have thrived despite unprecedented changes from the U.S. It may not last.

Options market activity shows traders are betting heavily on a weaker dollar.