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Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell

By CHRISTOPHER RUGABER and JOEY CAPPELLETTI 

WASHINGTON (AP) — The Senate confirmed President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world’s most powerful central bank at a fraught moment for the global economy.

Warsh, 56,

 » Read more about: Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell  »

Nvidia becomes first-ever company to cross $5.5 trillion market value as analysts issued a ‘stock warning’ for May 21

Nvidia crossed a market value of $5.5 trillion on Wednesday, May 13 after its shares rose around 3% in afternoon trading, further strengthening its position as the world’s most valuable company. The rally came as Nvidia CEO Jensen Huang was traveling with US President Donald Trump to China ahead of meetings with Chinese President Xi Jinping.

 » Read more about: Nvidia becomes first-ever company to cross $5.5 trillion market value as analysts issued a ‘stock warning’ for May 21  »

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