Takeaways from Kevin Warsh’s first meeting as Fed chairman.
Related Stories
Leaders face big questions over 24-team CFP
Leaders of the College Football Playoff took a deeper dive into conversations about a 24-team field at a meeting Wednesday in Denver, but there are still more questions than answers about the logistics of what the field would look like if it began in 2027, executive director Rich Clark told ESPN. "We did have some discussion about 16 [teams], but I will say that the majority of the discussion was about 24," Clark said. "I think 16 is -- from some of the operational elements -- we probably...
The Fed threw investors a curve ball on Wednesday. Here’s how stocks, bonds, gold and the dollar reacted.
U.S. stocks stumbled on Wednesday, adhering to a long tradition of weak performance in the aftermath of a new Federal Reserve chairman’s first meeting at the helm.
Barings’ High-Yield Playbook in a Warsh-Led Fed Era
Jun 17th, 2026 Barings’ High-Yield Playbook in a Warsh-Led Fed Era Kelly Burton, High Yield Portfolio Manager at Barings, discussed the current dynamics in the high-yield credit market, emphasizing strong institutional demand for double B and single B rated credits with yields between 6-8%. Despite elevated yields expected to persist regardless of Federal Reserve actions, Burton noted a complex macroeconomic environment influenced by inflationary pressures, partly driven by geopolitical...
Here's how much the the Iran war cost -- and how its effects will linger
More than three months after the U.S. and Israel launched their war on Iran, the costs and aftereffects are felt around the world.(Image credit: