New York, Jan 30, 2026 (AFP) - US stocks dip as Trump announces Warsh Fed pick

NAMPA / AFP

2026-01-30

Wall Street stocks dipped early Friday as markets digested the nomination of Kevin Warsh as Federal Reserve chair and reviewed mixed corporate earnings. US President Donald Trump's decision to pick Warsh, a former Fed governor, follows a closely watched search for a successor to Fed Chair Jerome Powell, whom the president has repeatedly lambasted for not cutting interest rates more swiftly. Warsh "was actually a bit of an inflation hawk, which in......

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WINDHOEK, 30 January 2026 - Bank BIC Namibia has appointed Erastus Hoveka as its new chief executive officer, effective 02 February 2026. (Photo: Contributed)

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NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

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NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

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OTJIWARONGO, 30 January 2026 - More than 150 school principals, teachers and learners from across the Otjozondjupa Region on Friday gathered at Otjiwarongo to launch their 2026 education academic year. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

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WINDHOEK, 30 January 2026 - Deputy Governor of the Bank of Namibia (BoN), Leonie Dunn. (Photo by: Molly Weyulu) NAMPA

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WINDHOEK, 30 January 2026 - Prime Minister Elijah Ngurare addressed learners at Hochland High School on Thursday. (Photo: Contributed)

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