President Donald Trump announces Kevin Warsh as his pick for new Federal Reserve chairman in a Truth Social post.
President Donald Trump on Friday nominated Kevin Warsh to serve as the next chairman of the Federal Reserve, setting up a confirmation process that could prove contentious as it moves through the Senate.
» Read more about: Lawmakers react to Trump nominating Kevin Warsh for Federal Reserve chairman »
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With artificial intelligence (AI) infrastructure spending forecast to keep soaring, Nvidia remains well-positioned to benefit.
» Read more about: Nvidia Stock Price Target: Where Will It Be in 5 Years? »
Broadcom (AVGO) powers the digital world with cutting-edge semiconductors and software. The company produces chips for data centers, networking, broadband, wireless devices, and infrastructural solutions connecting everything from your smartphone to massive cloud systems. Key products include Wi-Fi chips, Ethernet switches, optical transceivers, and custom controllers, fueling AI growth and high-speed connectivity.
Founded in 1991,
» Read more about: Cathie Wood Just Bet $26 Million on Broadcom Stock. Should You Buy AVGO Too? »
Gold’s rise has caught the eye of noted technology investor Cathie Wood, who says the precious metal is the real ongoing market bubble—not artificial intelligence.
Wood’s remarks came Thursday as gold surged to a new all-time high above $5,600 while hitting a new record percentage of the U.S.
» Read more about: Gold Is the Real Bubble, Says Ark Invest's Cathie Wood—Not AI »
C3 Bullion describes its mission as operating in the space between investors and gold mines by providing capital and expertise to gold producers in return for physical gold from the mines the firm works with. C3 Bullion says this is a happy medium between buying gold bars or investing in gold ETFs – or stepping into the mining sector itself.
» Read more about: C3 Bullion's Aim Is To Bring Gold to the People »
When rates begin to fall, securities like bonds tend to look less effective and attractive due to their low yields. And as investors get closer to retirement, fixed-income securities like bonds may make up a bulk of their portfolios.
But retirees may benefit from high-yield dividend exchange-traded funds (ETFs) that can deliver a strong stream of income as well as capital growth.
» Read more about: The Safest Dividend ETFs to Hold When Interest Rates Start Falling »
After President Trump on Friday nominated former Federal Reserve governor Kevin Warsh to lead the central bank, market participants quickly began speculating what his chairmanship would mean for the path of interest rates this year.
If confirmed by the Senate, Warsh will face a deeply divided Fed at a time when the 19-member committee has set up the potential for a long pause in cutting rates.
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