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The 55-year-old economist had been considered for Fed chair during Trump's first term.
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Pressure was building on Iran on Friday as President Donald Trump weighed a military strike on the Islamic Republic while U.S. allies in the region, including Israel and several Arab nations, urged restraint
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President Donald Trump announced conservative economist and former Fed governor Kevin Warsh as his pick to be the new Federal Reserve chairman.
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President Trump on Friday named Kevin Warsh to succeed Jerome Powell as Fed chair, ending an odyssey that has seen unprecedented turmoil around the central bank.
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The leaders of both countries have recently visited Beijing seeking to strengthen economic ties, as tensions with the United States rise.
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;Resize=(620)) Federal prosecutors can't seek the death penalty against Luigi Mangione in the killing of UnitedHealthcare CEO Brian Thompson, a judge ruled Friday, foiling the Trump administration's bid to see him executed for what it called a "premeditated, cold-blooded assassination that shocked America."
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Trump asked Putin to hold off hitting power facilities in Kyiv and other towns, but the Kremlin says the pause on strikes expires Sunday.
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Asia-Pacific markets traded mostly lower after U.S. President Donald Trump said that he will announce his choice for the next Federal Reserve chair on Friday.
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The US fought IS with the Kurds for years. Now, Donald Trump is siding with Syria's new leader.
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Russia has not confirmed it agreed to Trump's request, but Ukraine's president said he expected Vladimir Putin's promise to be kept.
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President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
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In the beachside state of Goa, officials and oil executives envisioned new energy pacts and multilateral relationships as a counterbalance to Trump's America.
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Starmer is on a 4-day visit to China this week, the first trip by a British leader in eight years, signaling an attempt at resetting the bilateral ties.
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President Donald Trump announced Thursday a plan to impose additional tariffs on countries that provide oil to Cuba, declaring a national security emergency.
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Democrats and the White House agreed to fund the Department of Homeland Security for two weeks while they negotiate restrictions on an immigration crackdown. Senators said they hoped to vote on the deal on Friday.
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A new executive order declares that Havana constitutes a "national emergency," allowing Trump to levy tariffs on any country that delivers oil to Cuba.
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The Treasury Department announced a general license authorizing U.S. firms to trade Venezuelan oil after Caracas approved a law to improve terms for foreign investors.
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;Resize=(620)) Jan. 29, 2026 | B.C.'s premier calls a meeting between Alberta separatists and Trump officials ‘treason' as Ottawa and the provinces try to unite for U.S. trade talks.
Tracking a young Canadian math whiz-turned-international crypto fugitive. And, how AI-powered breast scanners could help save lives.
Watch The National 9pm EST Sun-Fri
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Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
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Time is running out for Iran to make a deal, President Donald Trump warned Wednesday, as he urged the Islamic Republic to negotiate on nuclear weapons or face the force of a "massive armada" of American ships."Like with Venezuela, it is, ready, willing, and able to rapidly fulfill its mission, with speed and violence, if necessary," Trump said in a post on Truth Social, adding that the fleet was "moving quickly, with great power, enthusiasm, and purpose."
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