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Federal Reserve Internal Divide Deepens as Kevin Warsh Takes Over from Powell Amid Sticky Inflation and No 2026 Rate Cuts in Sight

Federal Reserve Internal Divide Deepens as Kevin Warsh Takes Over from Powell Amid Sticky Inflation and No 2026 Rate Cuts in Sight

The Federal Reserve enters one of its most consequential leadership transitions in modern memory, with Kevin Warsh now installed as Chair, Jerome Powell remaining on the Board of Governors, and a Committee whose internal divisions have deepened materially through the spring. Markets are pricing zero rate cuts in 2026, sticky inflation has reasserted itself, and the 10-year Treasury

Home Depot Q1 2026 Revenue Beats, Comparable Sales Disappoint as Consumer Caution Persists

Home Depot Q1 2026: Revenue Beats, Comparable Sales Disappoint as Consumer Caution Persists

Home Depot reported first-quarter fiscal 2026 results on Tuesday that cleared Wall Street’s headline targets but told a more cautious story underneath — one of a consumer still spending, but spending selectively, and avoiding the large-ticket home improvement projects that historically drive the retailer’s margin performance. The Headline Numbers Revenue for the quarter ended May 3 came in

Wall Street Closes Lower as Treasury Yields Hit One-Year Highs Ahead of Nvidia Earnings

Wall Street Closes Lower as Treasury Yields Hit One-Year Highs Ahead of Nvidia Earnings

U.S. equity markets closed lower on Friday, May 15, 2026, as a spike in long-dated Treasury yields, rising oil prices, and renewed concerns over the U.S.-Iran conflict weighed on investor sentiment. The pullback set a cautious tone heading into a week dominated by Nvidia’s quarterly earnings report, which arrives Wednesday after the close and is expected to function

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