As regime change looms at the Fed, one candidate emerges as frontrunner for chair

Key Points

National Economic Council Director Kevin Hassett has been dubbed the clear favorite for the next Federal Reserve chair.
Asked Sunday about the situation, Trump told reporters aboard Air Force One, “I know who I am going to pick, yeah. We’ll be announcing it.”
Whomever the actual pick is will take over a Fed that is currently torn over the future course of interest rates and is facing calls for aggressive reforms.

Source

Finance

A 5 million percent return in 60 years leaves Warren Buffett’s legacy unmatched

January 1, 2026

Key Points Warren Buffett has handed over the CEO reins to Greg Abel after a six-decade run. From 1964 to 2024, Berkshire delivered a compounded annual gain of 19.9%, nearly double the S&P 500’s 10.4%. As Buffett relinquishes the helm, investors are increasingly focused on what disappears with him. Source

Finance

Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more

December 31, 2025

Check out the companies making the biggest moves midday: Nike — Shares of the sneaker giant rose around 4% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. Corcept Therapeutics — Shares […]

Finance

Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more

December 31, 2025

Check out the companies making headlines before the bell. Intel — The technology stock rose 1%. Earlier this week, Nvidia completed its $5 billion equity investment in Intel. Taiwan Semiconductor Manufacturing — Shares ticked up 1% after Reuters reported that Nvidia asked the semiconductor firm to boost its H200 production in response to Chinese orders […]