Kevin Warsh’s contentious path to becoming the next Federal Reserve chair finally came to an end as the Senate confirmed him on Wednesday.

Warsh, a former central bank official and aide to former President George W. Bush, has been a critic of the institution for years. He told CNBC last July that he supported “regime change” at the Fed, and said President Donald Trump was “right to be frustrated” with Jerome Powell’s refusal to lower interest rates more quickly.

Warsh, whose wife is billionaire Jane Lauder, will likely be the richest person ever to hold the position.

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Nvidia’s stock rallied Wednesday, sending its market cap to $5.5 trillion for the first time—a record in the history of publicly traded companies.

In the high-profile trial between Elon Musk and OpenAI, the attorneys for CEO Sam Altman asked the jury to disregard part of his testimony Tuesday after Musk’s lawyer made “unsubstantiated allegations.”

President Donald Trump met with Chinese President Xi Jinping in Beijing on Thursday, calling Xi a “great leader,” as Xi warned Taiwan could become a flashpoint between the two countries.

Startup NVision Quantum Technologies has developed a new imaging system for cancer cells that will enable oncologists and their patients to get faster feedback on whether a therapy is working. The company said Wednesday it raised $55 million in new funding, bringing its valuation to more than $250 million—and, per its namesake, it also has........

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