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Bloomberg

Highlights From Fed Chair Warsh's First News Conference

Federal Reserve Chair Kevin Warsh spoke at his first news conference since being appointed the central bank's chair. The Fed's policy-setting Federal Open Market Committee decided to leave rates unchanged and vowed to deliver price stability. Here are some of the key moments from Warsh's news conference.

Read more: Highlights From Fed Chair Warsh's First News Conference
Bloomberg

Chef Kwame Onwuachi on New Las Vegas Restaurant, Tatiana

James Beard award wining Chef Kwame Onwuachi, chef of hit restaurants Tatiana, Dōgon, and more, talks about the opening of his new restaurant in Las Vegas, Maroon. He discusses how the infusion of his Afro-Caribbean culture into his restaurants has connected to so many people. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Read more: Chef Kwame Onwuachi on New Las Vegas Restaurant, Tatiana
Bloomberg

US Looks to Expand Nuclear Power as AI Drives Up Energy Demand

Ho K. Nieh, chair of the US Nuclear Regulatory Committee, said that the NRC has taken 'major steps' to reform its framework for licensing nuclear plants and how it conducts regulatory checks as the Trump administration looks to increase the amount of nuclear energy projects in the United States. Nieh said that despite reforms the NRC remains a 'strong regulator' and could not yet reveal which regulations were under review.

Read more: US Looks to Expand Nuclear Power as AI Drives Up Energy Demand
Bloomberg

Warsh Says FOMC Had 'Good Family Fight' on Fed Policy as Rates Stay Steady

Andrew Szczurowski, strategic income portfolio manager at Morgan Stanley Investment Management, said that it is still to be determined if Kevin Warsh will follow through on hawkish signals he gave in his first press conference as Federal Reserve chair as the Fed held rates steady. Szczurowski, who was joined by Bloomberg Economy's Stuart Paul, said that despite the decision to hold rates, the FOMC remains very divided as members disagree on the direction the Fed should take interest rates.

Read more: Warsh Says FOMC Had 'Good Family Fight' on Fed Policy as Rates Stay Steady