Kevin Warsh takes office as new Fed Chair
Kevin Warsh has been officially sworn in as the Chair of the Federal Reserve. His appointment comes at a critical juncture for the US economy. The transition follows intense political discussions regarding the independence of the central bank.
Stephen Colbert has aired his final broadcast of 'The Late Show' on CBS. The farewell episode drew millions of viewers as the host bid goodbye to his audience. The departure leaves a major vacancy in the CBS late-night lineup.
SpaceX is moving forward with plans for one of the largest initial public offerings in history. The potential US$75 billion IPO is attracting global attention but also sparking liquidity concerns. The company also faces critical launch tests as it approaches this milestone.
CEOs are increasingly leveraging AI to modernize sectors like healthcare, manufacturing, and chipmaking. Companies such as Lenovo are investing heavily in AI computing ecosystems. Experts suggest that successful AI adoption is becoming a leadership challenge rather than just a technical one.