Warsh Becomes Frontrunner for Fed Chair as Trump Signals Preference to Retain Hassett

Washington, Friday, 16 January 2026.
Betting markets surged to 60% for Kevin Warsh as the next Fed Chair after President Trump signaled he cannot afford to lose rival contender Kevin Hassett from the White House.

Primary Metals Surge Drives Surprise December Rise in US Manufacturing

Inflation and Federal Policies Trigger Spike in Missed Small Business Payrolls

New AI Model Quantifies Investor Sentiment to Reveal Hidden Market Risks

Global Investors Push US Debt Holdings to Record $9.3 Trillion

Turbo Energy Faces Nasdaq Delisting Risk Over Financial Shortfall

Valencia, Friday, 16 January 2026.
With equity $1 million below the Nasdaq threshold, Turbo Energy faces a critical February 26 deadline to present a recovery plan and secure its continued market listing.

Toro Corp Completes $1.75 Special Dividend Distribution in Cash and Stock

Ardent Health Facing Class Action Lawsuit After Stock Plunges 33%

Denny's Enters Private Ownership Era Following $620 Million Acquisition

Genmab’s Epcoritamab Outperforms Standard Care in Pivotal Phase 3 Lymphoma Trial

Trump Administration Proposes Using 401(k) Funds for Home Down Payments

Washington D.C., Friday, 16 January 2026.
White House Economic Adviser Kevin Hassett announced today, January 16, 2026, that President Trump will unveil a finalized plan at Davos next week allowing Americans to leverage 401(k) retirement assets for residential down payments. This significant policy shift, which effectively shelves the previously discussed 50-year mortgage proposal, aims to immediately inject liquidity into the housing market by fundamentally redefining how tax-advantaged savings can be utilized prior to retirement.

Supreme Court Scrutinizes Presidential Authority to Direct Central Bank Policy

Trump and Governors Push Grid Operator to Shift AI Power Costs to Tech Giants

Trump Denies China Uses Wind Power as Beijing Installs Record-Breaking Turbine

Michigan Launches Strategic Initiative to Uncover Vast Geologic Hydrogen Reserves

India Pivots to Asian Markets to Offset Impact of New US Tariffs

New Delhi, Friday, 16 January 2026.
As US tariffs bite, India’s exports to China surged 67 percent in December. This strategic pivot demonstrates resilience, with overall merchandise exports rising despite protectionist headwinds.

Carney and Xi Strike Strategic Deal to Slash Tariffs and Restore Ties

UAE Capital Poised to Bridge UK’s £9 Billion Hydrogen Investment Gap

Iran’s Economic Collapse Ignites Historic Nationwide Protests

UK Risks Import Dependence as Historic Salt Industry Nears Collapse

Dodgers Shatter MLB Salary Records with $240 Million Kyle Tucker Deal

Los Angeles, Friday, 16 January 2026.
The reigning World Series champions have secured star outfielder Kyle Tucker with a four-year, $240 million contract, shattering MLB records by establishing an unprecedented $60 million average annual value.

Federal Prosecutors Charge 20 in Massive College Basketball Point-Shaving Scheme

McConaughey Trademarks 'Alright, Alright, Alright' to Combat AI Misuse

Dilbert Creator Scott Adams Dies at 68: From Corporate Satire to Political Controversy

Giants Move to Finalize Head Coaching Agreement with John Harbaugh