Hassett likely to be Trump’s pick for Fed chief, though Warsh is more qualified, CNBC survey finds

Hassett likely to be Trump’s pick for Fed chief, though Warsh is more qualified, CNBC survey finds

White House economic adviser Kevin Hassett speaks next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025.  Leah Millis | Reuters President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Federal Reserve chair, according to respondents to a…

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Surprise year-end income could derail plans for 0% capital gains

Surprise year-end income could derail plans for 0% capital gains

Akio Maeshima | Digitalvision | Getty Images Year-end financial planning is tricky — and surprise portfolio income can derail your tax strategy, experts say. As the calendar winds down, some investors are eyeing “tax gain harvesting,” or strategically selling profitable brokerage account assets during lower income years. Depending on earnings, you could qualify for the…

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Activist investor Standard Investments halves stake in Johnson Matthey

Activist investor Standard Investments halves stake in Johnson Matthey

Key Points Activist investor Standard Investments has halved its stake in London-listed Johnson Matthey after a six-month campaign to overhaul the company. Based in New York, Standard Investments is the investment arm of Standard Industries, a privately held industrial company that owns the specialty chemicals company W.R. Grace. Standard began agitating late last year by…

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