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   Warsh walks into the fire
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   Plus: A history of the 40-hour work week.
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          Monday, May 4, 2026
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          The Fed under Powell didn't bend to Trump. It's Kevin Warsh's turn
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          Federal Reserve Chair Jerome Powell developed a stiff spine overseeing the central bank for the last eight years. His successor Kevin Warsh will now 
grapple with a president who has an insatiable appetite for lower interest rates.
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          Warsh has a straight path to helm the Fed after clearing a rocky confirmation process that was frozen at one point. But he has his work cut out for him. There are lingering doubts, particularly among Democrats, that Warsh will share Powell's backbone in defending the Fed against Trump's endless attempts to slash interest rates quicker. His supporters, though, argue he's up to the job.
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          "Kevin Warsh understands the 
need for an independent Fed, and I think he will be a defender of the Fed," Sen. Mike Rounds of South Dakota, a member of the Senate Banking panel, told Quartz. "Everybody's different in the way they approach things ... I think Kevin Warsh will handle that job well."
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          During his confirmation hearing, Warsh declined to state definitively that Trump lost the 2020 election — a feature of the president's nominees — and was labeled a "human sock puppet" by Democratic Sen. Elizabeth Warren of 
Massachusetts.
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          "So far, he's batting zero on that," Sen. Warren told Quartz.
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14px">
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                   In a global economy, the ability to communicate across cultures isn't just a soft skill — it's a competitive advantage.
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                   Learning a new language sharpens how you think, broadens how you negotiate, and opens doors that stay closed for everyone else.
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          <h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;font-weight:bold">
           Will Warsh be Trump's Fed lap dog?
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border: 1px solid #105C8E; display: block; " target="_blank">
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                           <!--[if 
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                            Yes. It's the only reason he was nominated
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                           <!--[if mso]><a href="https://www.ne16.com/t/10691397/222404108/9695699/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNS0wNCUyMCUyOFVTJTI5&x=68d55a15" 
target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">Yes. It's the only reason he was nominated</a><![endif]-->
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                            No. Warsh is too professional to bow down
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                           <!--[if mso]><a href="https://www.ne16.com/t/10691397/222404108/9695700/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNS0wNCUyMCUyOFVTJTI5&x=8b0abde9" 
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                            Rate cuts are coming no matter what
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                           <!--[if mso]><a href="https://www.ne16.com/t/10691397/222404108/9695701/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNS0wNCUyMCUyOFVTJTI5&x=11d10ff9" 
target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">Rate cuts are coming no matter what</a><![endif]-->
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               <a data-linktext="Spirit Airlines prepares to shut down after bailout talks falter." data-linktype="Normal" style="color:#105C8E" target="_blank">
                Spirit Airlines prepares to shut down after bailout talks falter.
               </a>
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              The budget carrier was counting on a $500 million U.S. government lifeline to stay in business, but bondholders wouldn't sign off, according to The Wall Street Journal. Shares 
of Spirit fell by as much as 74% on the news.
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               <a data-linktext="Zuckerberg can't say Meta's layoffs will stop at 8,000 job cuts." data-linktype="Normal" style="color:#105C8E" target="_blank">
                Zuckerberg can't say Meta's layoffs will stop at 8,000 job cuts.
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              CEO Mark 
Zuckerberg told employees that the company has to downsize to make way for more investment in AI infrastructure, and couldn't say whether more reductions will happen over the next three years.
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              <img alt="Anadolu / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fapi%252Fmedia%252Ffile%252FGettyImages-2166909594.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3Nzc4ODkyNjguNTg4MDc2OH0:1wJqDM:mgDln8ZWErkTCjwuG6j5rGaaCNJZbXYOpBGaX6_Pa4w" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
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               <a data-linktext="Pentagon seals classified AI deals with everyone but Anthropic." data-linktype="Normal" style="color:#105C8E" target="_blank">
                Pentagon seals classified AI deals with everyone but Anthropic.
               </a>
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              Google, OpenAI, Microsoft, Amazon, SpaceX, Nvidia, and Reflection will operate within the Defence Department's most secure network tiers to support more 
military personnel. Anthropic has not been cleared as a supply-chain risk.
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Images" style="color:#105C8E" target="_blank" title="NurPhoto / Getty Images">
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               <a data-linktext="Wall Street had its best month since 2020 despite the oil shock." data-linktype="Normal" style="color:#105C8E" target="_blank">
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              The S&amp;P 500 advanced 10.4%
in April for its strongest monthly performance in more than five years. The Nasdaq also rose 15.3%, and the Dow gained 7.1%. Google and Caterpillar earnings pushed stocks higher for a fourth straight week.
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