Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes
WASHINGTON — President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office. Yet Americans shouldn’t pencil in lower borrowing costs for mortgages, auto loans, or business loans just yet.
The odds of Kevin Warsh becoming chair by the time Jerome Powell’s term ends May 15 shot higher Friday when U.S.
Read MoreHere's What the Average Retiree Actually Brings Home From Social Security After Medicare in 2026
Social Security and Medicare are distinct programs tied to the Social Security Administration (SSA), but they share a close financial relationship because many Social Security recipients have their Medicare Part B premiums automatically deducted from their monthly benefits.
Although the SSA doesn’t consider anything about Medicare when calculating your benefit,
Read MoreIf You Live on Social Security Alone, You May Qualify for These 4 Things
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The average Social Security retirement benefit alone often isn’t enough to cover the full cost of living for many older Americans.
As of February 2026, the average monthly benefit for retired workers was about $2,076, according to the Social Security Administration (SSA),
» Read more about: If You Live on Social Security Alone, You May Qualify for These 4 Things »
Read MoreDon’t count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes
WASHINGTON (AP) — President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office. Yet Americans shouldn’t pencil in lower borrowing costs for mortgages, auto loans, or business loans just yet.
The odds of Kevin Warsh becoming chair by the time Jerome Powell’s term ends May 15 shot higher Friday when U.S.
Read MorePowell to stay on Federal Reserve board as policy makers hold rates steady
End of Justice Department’s Powell probe could clear way for Kevin Warsh’s confirmation as Fed chair 04:00
Federal Reserve Chair Jerome Powell said on Wednesday that he plans to remain as a board governor after his term ends in May, announcing the move after the central bank again left its benchmark interest rate unchanged amid rising inflation due to the Iran war.
» Read more about: Powell to stay on Federal Reserve board as policy makers hold rates steady »
Read MoreThe Burst
Market Commentary: The Meteoric Rise of Eli Lilly
Did you know that Eli Lilly and other pharmaceutical companies have sold approximately 10.6 million shots of obesity drug doses in the U.S. in a single month? The rise of these injectable weight loss medications is so powerful that it’s causing investors to question the future of even staple food and beverage stocks.
While this aspect alone could secure Eli Lilly as the pharmaceutical golden goose you’ve been looking for there is much more than meets the eye.
» Read more about: Market Commentary: The Meteoric Rise of Eli Lilly »
Read MoreThe Ivy
1 Under-the-Radar Small Cap Set To Pop?
Applied Optoelectronics (NASDAQ: AAOI) isn’t well known and why would it be trading at less than a half a billion dollars in valuation. But it has seen a surge recently in insider buying as those in-the-know seem to be betting on future prospects.
This small-cap company has positioned itself as a critical supplier to major data center operators and telecommunications firms,
» Read more about: 1 Under-the-Radar Small Cap Set To Pop? »
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