Good evening, this is Markets Desk with the stories moving markets and the economy right now.
Jerome Powell's tenure at the Federal Reserve ended May fifteenth, with Kevin Warsh stepping in as the seventeenth Fed chair. Analysts are already flagging the likelihood of friction between Warsh and President Trump, particularly over rate policy. If that tension spills into public view, bond markets could reprice quickly and equities would feel the turbulence first.
Shifting to energy, NextDecade's decade-long gamble on Texas liquefied natural gas is finally delivering. Operating near the U.S.-Mexico border along the Brownsville Ship Channel, the company is on the verge of becoming Texas's top natural gas exporter. After surviving legal battles, financial skeptics, and the death of its founder, the one-thousand-acre Rio Grande LNG complex is now a serious player in global energy supply chains.
And on the labor and technology front, a forty-million-dollar high school facility in Huntsville, Alabama is partnering with Toyota to train students for skilled trades paying forty dollars an hour. As artificial intelligence continues displacing white-collar roles, this program represents a broader rethinking of workforce strategy, betting that precision manufacturing and technical trades remain stubbornly human in ways that software simply cannot replicate.
That's the tape. Markets Desk, signing off the floor.
