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Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
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Why Wall Street is unhappy with Trump's pick for Fed chair AxiosKevin Warsh Has a Tough Job Ahead. It's Not the First Time. The New York TimesKevin Warsh's Three Tasks: Shrink the Fed, Tame Inflation, Manage the President. The Wall Street JournalHow a Famed Economist Views Kevin Warsh for Fed Chair PoliticoWhy Gold and Silver Crashed After Trump Named Fed
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TikTok Superstar Khaby Lame's Big Deal—Which Saw Him Valued At $6.6 Billion—Raises Red Flags, Experts Say ForbesGetting deported by Trump can't stop top influencer Khaby Lame from notching a $975 million deal—including the rights to his AI avatar FortuneTikTok Creator Khaby Lame Makes $975 Million Deal For His Brand The Hollywood ReporterFrom a factory job to a $900 million business deal: Khaby Lame's rise is almost unreal Yahoo Creators
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DOJ concludes Epstein files review with release of 3.5 million records AxiosWhat 3 million new documents tell us about Trump's ties to Jeffrey Epstein CNNLatest Epstein revelations dig even deeper hole for Andrew BBCEpstein files: Trump, Howard Lutnick, Steve Tisch among prominent names that appear in latest Justice Department release CNBCBill Gates denies allegations a
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The West's water war arrives in Washington PoliticoFate of Colorado River hangs in balance as political battle brews The Washington PostWhat's at stake as Utah, 6 other states seek new Colorado River deal KSL.comGovernors Dive Into an Impasse Over Colorado River Water Use The New York TimesWill federal intervention save the Colorado River from federal control? Deseret News
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Canada's Poilievre sweeps Conservative party leadership test with 87.4% BBCPierre Poilievre Is Retained as Leader of Canada's Conservatives The New York TimesCanada's Conservatives keep Poilievre as leader despite election loss ABC NewsBell: Alberta separatism on the front burner, Poilievre scores 87.4% support Calgary Herald
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3 warning signs silver could be headed for a deeper plunge, according to a top commodities expert Business InsiderSilver price volatility: What to know and how to invest Yahoo FinanceSilver Is Paying for Its Excesses. Silver Miner Stocks May Be a Buy. Barron'sSilver Prices Crash 31% in Second Worst Day on Record The Wall Street Journal
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Sell America Is the New Trade on Wall Street The New York TimesDollar Slide a Sign of Global Investor Hedging, Federated Says Bloomberg.com‘Sell America': is US market supremacy under threat? The EconomistThe 'depreciation trade' is making a comeback, are U.S. assets facing a 'quiet exit'? ????Is the world losing faith in the US economy? ThePost.co.nz
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A US House special election in Texas is set to narrow the GOP majority even further CNNHouston runoff sets up next Democratic generational fight PoliticoHouse GOP majority on the brink as all-Democrat Texas special congressional election underway Fox News
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Big Food gets leaner with divestitures and breakups as consumers turn away from packaged snacks CNBCFood and Beverage M&A Industry Insights-Winter 2026 KrollBig deals catapult big food into new M&A era for 2026 Ingredients Network
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Partial government shutdown begins as funding lapses despite Senate deal CBS NewsUS government partially shuts down despite last minute funding deal BBCWhat to know about the partial government shutdown and its impact AP NewsSenate Passes Deal to Fund Government and Negotiate ICE Limits The New York TimesUS governmen
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12 powerful Alexa commands you should start using at home (no subscriptions required) ZDNET
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How Fear of ICE Upended Life in One Minnesota School District The New York TimesICE Is Circling Minnesota Schools, Looking For Children to Take HuffPostICE's Assault on a Minnesota School District The New YorkerFormer Manitobans living in Minnesota wracked with fear, disgust as turmoil continues to unfold Winnipeg Free PressMinnesota schools in ‘crisis mode' scramble to support students amid ICE surge Star Tribune
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Search Suspended for 6 Missing in Boat Off the Coast of Massachusetts The New York TimesCoast Guard searching for survivors after commercial fishing boat sinks off Massachusetts; 1 body recovered Fox NewsUS Coast Guard calls off search for Gloucester fishing vessel with 7 aboard The Boston Globe
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Why Super Bowl is all that matters for Seahawks, despite reports The Seattle TimesSources: Seahawks will go up for sale after Super Bowl LX ESPNExclusive | How NFL Pressure is Driving the Sale of the Super Bowl Favorites The Wall Street JournalDid the Patriots just start playing dirty with the Seahawks? Seattle SportsPaul Allen Estate refutes report that Seahawks will be sold after Super Bowl: 'The team is not for sale'
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ESPN: Seahawks could be sold after Super Bowl LX; Allen Estate says ‘not for sale' KIRO 7 News SeattleSources: Seahawks will go up for sale after Super Bowl LX ESPNSeahawks say team ‘not for sale' following report The Seattle Times
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Sen. Thom Tillis on Friday reiterated his intent to hold up President Trump's pick for Fed chair until the Justice Department ends its criminal probe of Jerome Powell.
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Stock Market News, Jan. 30, 2026: Silver Plunges, Nasdaq Falls Following Trump Fed Pick The Wall Street JournalWhy Wall Street is unhappy with Trump's pick for Fed chair Axios3 things to know about Kevin Warsh, Trump's pick for Fed chair PBSHow a Famed Economist Views Kevin Warsh for Fed Chair Politico
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The federal tax collector seems poised to run out of funding on Saturday, just days after it started processing 2025 income-tax returns.
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President announces former Fed governor as his nominee to succeed Jay Powell
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Iran wants to make deal rather than face military action, Trump says BBCTrump faces a weakened Iran but that doesn't make his choices any easier CNNTrump's Armada Is Getting in Place. Now He Must Decide What to Do With Iran. The Wall Street JournalTrump says Iran already has US terms as military strike clock ticks Fox News
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Trump taps career staffer to lead statistics agency whose chief he fired The Washington PostTrump Picks Veteran Staffer to Head Bureau of Labor Statistics The Wall Street JournalTrump nominates Brett Matsumoto for BLS commissioner The HillDonald Trump nominates economist Brett Matsumoto to head statistics agency Financial TimesTrump Names ‘Data Nerd' to Lead Labor Statistics
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Texas May Be Losing Its Grip as America's Fastest-Growing State The New York TimesCensus: Texas led U.S. in population growth in 2025, but immigration slowed The Texas Tribune2024 State-to-State Migration Flows Statistics Now Available Census.govThe states people have moved to - and left - the most: Census data The Hill
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It was a choppy start to the short trading week, with stocks spending time in both positive and negative territory Tuesday. Bears gained the upper hand in the afternoon, though, with the three major indexes ending another day in the red.
SEE MORE The ESG Investing Backlash
Although this week's economic calendar is fairly thin, data from the Institute for Supply Management (ISM) this morning showed that activity in the services sector ticked up to 56.9% in August - the highest level since April - from July's 56.7%.
"This is the most recent piece of data to suggest the economy remains resilient and as such the market takeaway is that this gives the Fed more room to continue raising rates," says Michael Reinking, senior market strategist for the New York Stock Exchange. "Futures markets are now pricing in a 75% chance of a 75 basis-point hike later this month from a coin flip late last week." A basis point is one-one hundredth of a percentage point.
In reaction to today's ISM data, the 10-year Treasury yield rose to its loftiest level since mid-June. This, in turn, weighed on shares in the communication services (-1.3%) and technology (-0.6%) sectors, with names such as streaming giant Netflix (NFLX, -3.4%) and chipmaker Intel (INTC, -2.8%) seeing notable declines.
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As for the major indexes, the tech-heavy Nasdaq Composite fell 0.7% to 11,544, its seventh straight loss.
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Editor's note: This is part five of a seven-part series. It dives more deeply into the first strategy for mitigating a retirement tax bomb, which is to shift retirement savings from pre-tax to after-tax accounts, including Roths and HSAs. If you missed the introductory article, you may find it helpful to start here.
If you're facing a retirement tax bomb, there are three main strategies to defuse it: shifting retirement savings from pre-tax accounts to Roth and HSA accounts, implementing asset location, and executing Roth conversions.
I consider shifting your savings to be the first line of defense, because it's the easiest solution to implement. However, to really get the job done, you'll likely need to implement all three strategies.
There are two flavors to shifting savings, one uses Roth retirement accounts, while the other uses health savings accounts (HSAs).
Shift Retirement Plan Contributions from Pre-Tax to Roth
Perhaps the easiest solution to implement is simply changing your retirement plan contributions from pre-tax to Roth. You'll lose the tax deduction in the current year, and you may have to explain to your accountant why you made the change. However, any company match is tax-deferred, so even if you switch to 100% Roth, the employer match and your investment return means the tax-deferred account will still grow.
SEE MORE Find Out in 5 Minutes If You Have Enough to Retire
Many of my clients aren't aware they have a Roth option in their 401(k)/403(b), or they mistakenly think they can't contribute to one because of i
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