Latest Economy intelligence from 9 public ZettaWire signals, led by: BREAKING: The U.S. Senate confirms Kevin Warsh as the next chair of the Federal Reserve. Warsh will serve a four-year term leading the central bank.
The U.S. Senate has confirmed Kevin Warsh to serve a four-year term as the next chair of the Federal Reserve Board of Governors.
Jerome Powell concludes his final press conference as Chair of the Federal Reserve.
President Donald Trump stated that a US naval blockade against Iran could persist for months, an announcement that triggered a surge in oil prices to their highest level in over four years.
Spirit Airlines has initiated an orderly wind-down of its operations, resulting in the cancellation of all flights. The company has advised passengers to refrain from traveling to airports.
The United Arab Emirates has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC).
US credit card stress has reached its worst level since the 2008 financial crisis, with outstanding balances surging to $1.3 trillion and average interest rates hitting 22%.
Gold has replaced US Treasuries as the world's top reserve asset, according to the European Central Bank.
Donald Trump announced plans to suspend the 18-cent federal gasoline tax to address rising fuel costs, while warning that the ceasefire agreement with Iran is currently on "life support."
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