
Fed Chair Powell to Remain Until Warsh Confirmation Complete
Federal Reserve Chairman Jerome Powell announced he will continue in his role until Scott Warsh is confirmed as his successor.

Federal Reserve Chairman Jerome Powell announced he will continue in his role until Scott Warsh is confirmed as his successor.
Malaysian convenience store chain KK Mart is preparing to meet investors for an IPO that could value the company at $750 million.

A 25-year-old man died after a shooting in London while four people were arrested in connection with a death in Berkshire.
Annual home insurance costs fell from £218 to £198 year-on-year in January, with London and Scotland experiencing the most significant reductions.

Federal regulators filed suit against Wisconsin over the state's enforcement actions against prediction market platforms, claiming exclusive jurisdiction.

U.S. stocks showed mixed performance following recent gains, while Barclays raised its 2026 S&P 500 target to 7,650 amid ongoing Middle East and inflation concerns.

At least 16 colleges announced closures for 2025 amid declining enrollment and financial struggles, including a historically black college filing for bankruptcy.
Activist investor Nelson Peltz is in discussions to secure financing for a potential take-private acquisition of restaurant chain Wendy's.

Financial leaders express concerns about market volatility and recession risks amid recent stock market movements.
U.S. stock markets opened higher Monday with major indices reaching record levels despite ongoing Middle East conflicts and elevated commodity prices.
Levi Strauss posted 14% revenue growth and raised fiscal year guidance while GoPro announced plans to eliminate 145 employees in restructuring.

Treasury Secretary Scott Bessent confirmed a proposed executive order requiring banks to collect citizenship information is being developed.

Payment giant Mastercard announced plans to acquire stablecoin infrastructure company BVNK in a deal valued at up to $1.8 billion.
Convenience chain 7-Eleven plans to close 645 locations in North America during fiscal year 2026, outpacing 205 planned openings.
Mining giant BHP has selected Brandon Craig, head of its Americas operations, to succeed Mike Henry as chief executive officer.
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