Advisers are suggesting Treasury Secretary Scott Bessent as a potential successor to Jerome Powell as Federal Reserve chair. While Kevin Warsh, a former Fed official, is also under consideration, Bessent’s leadership in economic initiatives and trade negotiations positions him as a strong contender. Trump is expected to announce his decision soon.
Concurrent Gainers: 8 smallcap stocks that gain for 5 days in a row
Over the five trading sessions ending December 12, the Sensex closed lower, declining 0.52%, or 445 points, to settle at 85,268. The benchmark finished in