Will he stay or will he go? Powell is not saying whether he’ll stay on Fed board when chair term ends

Key Points

Fed Chair Jerome Powell will have two years left on his term as governor when his chairmanship ends in May.
Powell has so far repeatedly refused to say whether he will remain with the Fed in a decision that pits the personal against the professional.
It’s a key question being asked on Wall Street for 2026 as Fed watchers try to game out whether appointees of President Donald Trump will have control of the Fed’s Board of Governors.

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Finance

Meet the 2026 stock market. It’s the same AI-reliant market of 2025

January 2, 2026

Key Points The first trading day of 2026 kicked off Friday, with tech leading the way as it had last year. The Magnificent Seven stocks are all higher, with Nvidia and Alphabet advancing more than 1%, each. Semiconductors are rising as a group, with Broadcom gaining more than 1.5%. “The winners, in our view, are […]

Finance

Stocks making the biggest moves premarket: Baidu, Wayfair, Tesla, Taiwan Semiconductor & more

January 2, 2026

Check out the companies making the biggest moves in premarket trading: Baidu — The Chinese tech giant jumped 12% after it said it plans to spin off its semiconductor unit , Kunlunxin, and list it in Hong Kong. Wayfair , RH , Williams-Sonoma — The home goods retailers rose following President Donald Trump’s decision to […]

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