Shippers are avoiding the Strait of Hormuz following recent vessel seizures, according to the Wall Street Journal. The move follows heightened security concerns in the critical maritime chokepoint.

Sen. Thom Tillis will move forward with Kevin Warsh's Federal Reserve nomination after the Justice Department dropped its probe into current Chair Jerome Powell.

Senator Thom Tillis has agreed to advance the nomination of Kevin Warsh for the Federal Reserve following the Justice Department's decision to drop its investigation into current Chair Jerome Powell.

Kevin Warsh on track to become next Federal Reserve chair when Jay Powell's term ends May 15.

Kevin Warsh is now on track to become the 17th chair of the Federal Reserve when Jay Powell's term concludes on May 15.

Ticketmaster trial emails show staff called customers 'stupid' and 'robbing them blind' with fees on parking and rentals.

Emails disclosed in the Live Nation-Ticketmaster antitrust trial reveal employees disparaging customers as 'stupid' and boasting about 'robbing them blind' with extra charges on parking and lawn chair rentals.

UK to introduce major financial services reform bill in King’s Speech on May 13, FT reports.

The UK government will introduce a major financial services reform bill in the King’s Speech on May 13, the Financial Times reported.