President Trump Selects Kevin Warsh as New Fed Chair After an extended selection process and rampant speculation from Wall Street investors, President Trump finally made his Jerome Powell’s replacement as Chair of the Federal Reserve. Until the very last few hours, betting markets such as PolyMarket had Rick Rieder, a Wall Street legend and the CIO of Global Fixed Income at BlackRock (BLK), as the...
President Trump Selects Kevin Warsh as New Fed Chair After an extended selection process and rampant speculation from Wall Street investors, President Trump finally made his Jerome Powell’s replacement as Chair of the Federal Reserve. Until the very last few hours, betting markets such as PolyMarket had Rick Rieder, a Wall Street legend and the CIO of Global Fixed Income at BlackRock (BLK), as the frontrunner. Rieder, who is seen as a massive ‘dove’, seemed like the obvious choice after months of President Trump denouncing current Federal Reserve Chair Powell as too ‘hawkish.’ However, with a handful of hours left, Warsh’s odds spiked and, ultimately, he was chosen. Image Source: Polymarket Who is Kevin Warsh? Like Treasury Secretary Scott Bessent, Kevin Warsh is a close colleague and friend of investing legend Stanley Druckenmiller. Warsh has been a partner at Stanley Druckenmiller’s ‘Duquesne Family Office’ for nearly a decade and a half, communicating regularly and often bouncing ideas off each other. Prior to his time with Druckenmiller, Warsh served as the youngest-ever member of the Federal Reserve Board of Governors. Precious Metals Slammed: Is Warsh a ‘Hawk’? Kevin Warsh has a reputation on Wall Street as a ‘hawk’ for his outspoken criticism of the Fed and concern about inflation during the 2008 Global Financial Crisis. Based on Friday’s action, markets agree. Friday, precious metals and precious metals ETFs such as the SPDR Gold Shares ETF (GLD) and the iShares Silver Trust ETF (SLV) were slammed amid “hawkish” Fed fears. In fact, intraday, silver fell nearly 40%, marking one of the worst single-session losses over the past century. Image Source: TradingView Warsh is a Departure from the Keynesian Era At this juncture, Wall Street can only work off presumptions about Kevin Warsh’s previous statements. Based on his historical statements, Warsh might not be as much of a “hawk” as Wall Street fears, but he is also a departure from the “Keynesian” era, which wa...
(RTTNews) - Li Auto Inc. (LI, 2015.HK) announced that it delivered 27,668 vehicles in January 2026, bringing cumulative deliveries to 1,567,883 as of January 31, 2026. The Company operated 547 retail stores across 159 cities, along with 547 servicing centers and authorized servicing shops in 221 cities. In addition, Li Auto had 3,966 super charging stations equipped with 21,945 charging stalls in ...
(RTTNews) - Li Auto Inc. (LI, 2015.HK) announced that it delivered 27,668 vehicles in January 2026, bringing cumulative deliveries to 1,567,883 as of January 31, 2026. The Company operated 547 retail stores across 159 cities, along with 547 servicing centers and authorized servicing shops in 221 cities. In addition, Li Auto had 3,966 super charging stations equipped with 21,945 charging stalls in China. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
What to know about Artemis II's 'wet dress rehearsal' toggle caption Miguel J. Rodriguez Carrillo/AFP via Getty Images Preparations are underway to begin critical testing of NASA spacecraft for the Artemis II mission that will send four astronauts around the moon. Fuel testing is set to begin Monday, NASA says. The fueling phase of prelaunch testing known as a "wet dress rehearsal" was delayed bec...
What to know about Artemis II's 'wet dress rehearsal' toggle caption Miguel J. Rodriguez Carrillo/AFP via Getty Images Preparations are underway to begin critical testing of NASA spacecraft for the Artemis II mission that will send four astronauts around the moon. Fuel testing is set to begin Monday, NASA says. The fueling phase of prelaunch testing known as a "wet dress rehearsal" was delayed because of freezing temperatures at the launch pad located at NASA's Kennedy Space Center in Florida. Here is what to know about preparations and the mission. What exactly is a wet dress rehearsal? A wet dress rehearsal is a designated time before launch when engineers and crew conduct testing of the spacecraft. During this final test, the Orion spacecraft that will house the astronauts and the Space Launch System (SLS) rocket will be checked over the course of a detailed countdown schedule. Sponsor Message A countdown clock began at 8:13 p.m. ET on Saturday, counting down to the simulated liftoff on Monday evening. On Monday, more than 700,000 gallons of fuel containing liquid oxygen and liquid hydrogen is scheduled to be loaded into the rocket. Launch teams will also practice removing the fuel from the rocket and will conduct a launch countdown. A simulated launch window will start at 9 p.m. ET and is expected to last until 1 a.m. The Orion spacecraft has been powered up for several days because of the cold weather and engineers are preparing to charge its flight batteries, NASA said on Sunday. The chance for the Artemis II mission launch, which was scheduled to occur as early as this coming Friday, will now take place no earlier than next Sunday, according to NASA. There are also launch opportunities in March and April. The mission is set to last for 10 days and will send astronauts around the Earth and then around the moon before heading back to Earth. It's the first crewed mission to fly to the moon in more than 50 years. The Artemis II mission is a step toward the goal o...
The John F Kennedy Center, a world-class venue for the performing arts in Washington DC, will halt entertainment events for two years starting on 4 July during renovations, Donald Trump posted on Sunday on Truth Social. The Kennedy Center, which has seen a wave of performers cancel events in recent months as well as the lowest ticket sales in years, has been in turmoil since the president orchestr...
The John F Kennedy Center, a world-class venue for the performing arts in Washington DC, will halt entertainment events for two years starting on 4 July during renovations, Donald Trump posted on Sunday on Truth Social. The Kennedy Center, which has seen a wave of performers cancel events in recent months as well as the lowest ticket sales in years, has been in turmoil since the president orchestrated a leadership overhaul in the beginning of his term. In his Truth Social post, Trump claimed he had been reviewing the venue for one year to decide between a full closure and reopening or partial closure during its reconstruction. “Based on these findings, and totally subject to Board approval, I have determined that the fastest way to bring The Trump Kennedy Center to the highest level of Success, Beauty, and Grandeur, is to cease Entertainment Operations for an approximately two year period of time, with a scheduled Grand Reopening that will rival and surpass anything that has taken place with respect to such a Facility before,” Trump wrote on the social media platform Truth Social. Trump began his takeover of the Kennedy Center in February 2025, overhauling the board who immediately named him chair of the institution. The president spoke of his plans for the venue in February, saying: “We’re going to make sure that it’s good and it’s not going to be woke. There’s no more woke in this country.” The center historically has hosted more than 2,000 events a year, according to the website, although many performers have pulled out of planned shows since Trump’s shakeup began. Hamilton producer Jeffrey Seller said in a March social media post that “our show simply cannot, in conscience, participate and be a part of this new culture that is being imposed on the Kennedy Center”. Actor and producer Issa Rae, Grammy-winning musician Rhiannon Giddens, Peter Wolf, and rock band Low Cut Connie also called off Kennedy Center performances. Other notable artists have reacted to Trump ...