Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

Key Points

Treasury Secretary Scott Bessent confirmed that the list of candidates to replace Federal Reserve Chair Jerome Powell has been winnowed down to five.
President Donald Trump told reporters that he anticipates naming a replacement by the end of the year. Powell’s term doesn’t expire until May.

Source

Finance

Stocks making the biggest moves midday: JPMorgan, Moderna, Boeing, Cardinal Health, Chipotle & more

January 13, 2026

Check out some of the companies making the biggest moves midday: JPMorgan Chase — The largest bank in the U.S. dropped more than 3%, trading near session lows, after investment banking fees fell, missing expectations. JPM’s chief financial officer signaled that the banking industry could push back against President Donald Trump’s call for a one-year […]

Finance

Warren Buffett was still searching for that elephant in his final months as Berkshire CEO

January 13, 2026

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC In the final stretch of his tenure atop Berkshire Hathaway, Warren Buffett was still pursuing that elusive elephant. The 95-year-old legendary investor, who handed over the CEO reins to Greg Abel […]

Finance

JPMorgan is lower after better-than-expected results. Is it a buying opportunity?

January 13, 2026

Source