Federal Reserve Chair Jerome Powell is likely nearing the end of his tenure and must decide whether to remain at the Fed amid a criminal investigation into Fed headquarters renovations. The Justice Department has referred the probe to the Fed's inspector general, removing itself from the case for now. Powell has vowed to stay until the investigation concludes, but this decision could affect the Fed's perceived independence and policymaking during a sensitive period. Meanwhile, President Trump has threatened to fire Powell if he doesn't leave after his chair term ends, and the confirmation of Powell's successor, Kevin Warsh, faces delays due to the investigation. Markets are closely watching Powell's next moves, especially as Warsh favors lower interest rates and potential changes in Fed operations.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Garmin introduced the G2000 PRIME, a new integrated flight deck designed for high-performance Class I/II piston and electric aircraft. It features large, edge-to-edge touchscreen displays with advanced multi-touch capabilities, faster processors, and...
UniFirst Corporation has been recognized on Selling Power's 60 Best Companies to Sell For list for the 23rd consecutive year, highlighting its strong sales culture and support for sales professionals. The list evaluates companies on compensation, tra...
Traders on Polymarket have significantly reduced their bets on a Tesla-SpaceX merger announcement this year, with the chance of a deal by September 30 now at 11%, down 28 points, and by December 31 at 24%, down 19 points. This decline contrasts with ...
Aurora Spine Corporation and CornerLoc have formed a Strategic Commercial Alliance to enhance physician access to minimally invasive spine and sacroiliac (SI) joint fusion technologies across the United States. This partnership combines Aurora Spine'...
