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Odds of Trump tapping David Zervos for Fed chief jump on Kalshi after CNBC report

Users on prediction market Kalshi are increasing their chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve Chair.

Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder, sources say

The size of the Fed Chair candidate list and the process described suggest a decision is not imminent and could take a considerable amount of time.

Here’s the inflation breakdown for July 2025 — in one chart

The consumer price index rose 2.7% in July on an annual basis. There's some evidence tariffs are putting upward pressure on inflation, economists said.

Using my phone as a Paris guidebook cost me $50 — here's how to save on your bill when traveling abroad

There are many ways to prevent a higher phone bill when traveling internationally.

EV sales soar as Trump axes $7,500 tax credit: 'People are rushing out' to buy, analyst says

Consumers are acting ahead of a fast-approaching Sept. 30 deadline to claim the tax break for electric vehicles.

How dealmaking king Goldman Sachs aims to dominate another corner of Wall Street

In a new interview with CNBC, a Goldman executive breaks down a key area of growth for the banking behemoth and more.

Bank of England chief says no rift with UK government as Revolut licence delay draws scrutiny

Bank of England Governor Andrew Bailey denied that relations between the central bank and government had soured over delays to Revolut's bank license.

Record-setting market: Using ETFs to help avoid hefty tax bills

A major exchange-traded fund provider is getting ready to launch a fund designed to ease investors' tax burdens.

Imposter scams cost older adults $700 million in 2024, FTC finds: Some victims are ‘clearing out' their 401(k)s

Americans age 60 and older are increasingly reporting being victims of imposter scams, sometimes losing their life savings.

Trump to nominate economic advisor Stephen Miran to be new Fed governor, replacing Kugler

Trump on Thursday announced he has selected Stephen Miran, chair of the Council of Economic Advisors, to serve on the central bank.

Prediction markets have a new favorite for the next Fed chair — Christopher Waller

Waller's chance on Kalshi has exceeded the previous front-runners, former Fed official Kevin Warsh and current National Economic Council Director Kevin Hassett.

Trump order will allow alternative assets like cryptocurrencies, private equity in 401(k)s

The executive order will direct the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined-contribution plans that are governed by ERISA.
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