Business & Markets — June 22, 2026

Warsh quietly remakes the Fed. New Fed Chair Kevin Warsh has launched internal task forces to rethink monetary policy operations. Markets are only beginning to price in what those structural changes could mean.

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SK Hynix tops Samsung in market value. SK Hynix overtook Samsung Electronics Monday to become South Korea’s most valuable listed company, driven by AI chip demand and its dominance in high-bandwidth memory.

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SpaceX shares retreat from IPO rally. SpaceX stock fell for a second consecutive trading day Monday, cooling a post-IPO rally that followed the company’s market debut on June 12.

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India pushes for preferential US tariff terms. Top U.S. trade officials travel to India Tuesday for two days of talks, with New Delhi seeking better tariff terms than those offered to other Asian economies.

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Explosion at Qatar gas terminal injures 54. A blast at Qatar’s Ras Laffan industrial complex injured at least 54 people and left 18 missing, disrupting operations at a key global LNG export facility.

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