August 7, 2026

Kevin Warsh debuts as Fed chair, holding interest rates steady

Kevin Warsh debuts as Fed chair, holding interest rates steady

Kevin Warsh held his first news conference since taking over as the Federal Reserve chair. With inflation at its highest level in three-plus years, Warsh and his colleagues held interest rates steady.

Kevin Warsh debuts as Fed chair, holding interest rates steady

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Volkswagen to add ‘import fee’ to cars sold in US

Volkswagen to add ‘import fee’ to cars sold in US

Volkswagen plans to implement an ‘import fee’ on cars sold in the U.S., a move aimed at offsetting rising costs and aligning with trade regulations. This fee could impact pricing for consumers, raising concerns about affordability in a competitive market.