Donald Trump is expected to nominate the former Federal Reserve governor Kevin Warsh as its next chair amid an extraordinary attempt by the president to tighten his grip on the US central bank and flout its longstanding independence. Trump told reporters on Thursday that he planned to announce his choice for chair of the Federal Reserve on Friday morning, hinting that “a lot of people think that this is somebody that could have been there a few years ago”. That fuelled speculation that he had chosen Warsh, who was considered for the Fed chair in 2017. There was a surge
Microsoft suffers $357 billion rout over AI spending fears
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Read moreDetails.jpg?width=1200&auto=webp&crop=3%3A2&ssl=1 "Trump-Iran latest: Tehran threatens to strike US bases after Trumps latest threat of military action")
