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admin wrote a new post, 'We shouldn't ignore this:' Longtime investor Rebecca Patterson warns Trump could damage Fed independence 2 weeks, 3 days ago
President Trump’s efforts to fire Federal Reserve Governor Lisa Cook could jeopardize the central bank’s independence, according to longtime investor Rebecca Patterson.
“We shouldn’t ignore this at all. […]
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admin wrote a new post, Here's what it really means for Trump to get control of the Federal Reserve board 2 weeks, 4 days ago
President Donald Trump’s effort to sack Federal Reserve Governor Lisa Cook is about more than firing someone: It’s a maneuver that, if successful, would mark a seismic shift for an institution that for ages had […]
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admin wrote a new post, Fed's Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further 2 weeks, 5 days ago
Federal Reserve Governor Christopher Waller reiterated his support for an interest rate cut in September and opened the door to a potentially larger move if the labor market continues to weaken.
In a speech […]
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admin wrote a new post, How Italy's banking M&A wave started crashing 2 weeks, 5 days ago
By late spring, Italy’s banking world was swept up in a storm of convoluted takeover bids and counterbids involving a swathe of the country’s major lenders. Three months later, only one high-profile bid is […]
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admin wrote a new post, Affirm's stock soars 15% on earnings, revenue beat 2 weeks, 5 days ago
Affirm shares rose 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected earnings and revenue for the fiscal fourth quarter.
Here’s how the company […]
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admin wrote a new post, Lisa Cook hints clerical error to blame for any mortgage application discrepancy 2 weeks, 5 days ago
Federal Reserve Governor Lisa Cook’s lawsuit against Donald Trump challenges his ability to remove her from office, but only briefly addresses the central accusations that she committed mortgage fraud.
One part […] -
admin wrote a new post, Fed's John Williams stresses independence as Trump moves to fire Lisa Cook 3 weeks ago
New York Federal Reserve President John Williams on Wednesday stressed the importance of central bank independence as President Donald Trump looks to exert control over monetary policy.
In a CNBC […]
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admin wrote a new post, Wealthy Americans are traveling to Europe to dodge tariffs on luxury goods 3 weeks ago
Jamie and her husband are traveling to Switzerland in December for a ski vacation. But hitting the slopes isn’t the only motivator: The couple say they are also trying to sidestep steep U.S. tariffs on Swiss […]
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admin wrote a new post, Trump's Cook firing will likely end up in the Supreme Court's hands 3 weeks ago
President Donald Trump’s unprecedented attempt to fire Federal Reserve Board Governor Lisa Cook will likely end up in the hands of the Supreme Court, according to Wall Street economists and analysts.
Trump on […] -
admin wrote a new post, Lamborghini CEO says tariffs are causing even the wealthiest buyers to pause 3 weeks ago
Uncertainty around tariffs has caused even the wealthiest buyers of Lamborghini supercars to hold off on their purchases, CEO Stephan Winkelmann told CNBC.
While the White House recently announced an […]
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admin wrote a new post, Markets are sure the Fed will cut in September, but the path from there is much murkier 3 weeks, 1 day ago
Friday’s booming rally turned into Monday’s reality check as investors weighed just how aggressive the Federal Reserve will be on lowering interest rates and how the moves might impact the broader business and […]
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admin wrote a new post, This under-the-radar ETF trend may be flashing a warning signal for the market 3 weeks, 3 days ago
There’s worry retail investor exuberance in the exchange-traded fund space is flashing a warning signal for markets.
As individuals pour billions of dollars into some of the riskiest pockets of the […]
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admin wrote a new post, Here's what current and former Fed officials are saying about Lisa Cook investigation 3 weeks, 4 days ago
Current and former Federal Reserve officials struck a common note when asked about Lisa Cook’s situation: It’s imperative the central bank’s independence is preserved.
Cook, a Fed governor nominated in 2022 by […]
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admin wrote a new post, Cleveland Fed's Hammack casts doubt on interest rate cuts amid inflation worries 3 weeks, 4 days ago
Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat.
In a CNBC interview, the policymaker did not share […] -
admin wrote a new post, Watch live: Fed Chair Powell delivers important policy speech at Jackson Hole 3 weeks, 4 days ago
[The stream is slated to start at 10 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.]
Federal Reserve Chair Jerome Powell delivers […] -
admin wrote a new post, Powell indicates conditions 'may warrant' interest rate cuts as Fed proceeds 'carefully' 3 weeks, 4 days ago
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that is making the job difficult for monetary […]
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admin wrote a new post, Wage growth is doing something odd in 2025 — the last time it happened was around the Great Recession 3 weeks, 4 days ago
Wage growth is doing something odd these days.
Typically, wages grow at a faster clip each year for workers who switch jobs, compared to those who stay in their current role.That makes sense: Workers […]
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admin wrote a new post, Former Walmart U.S. CEO Bill Simon questions stock drop: 'It was about as good of a quarter as any retailer could have in any environment' 3 weeks, 5 days ago
Walmart’s former U.S. CEO Bill Simon thinks Thursday’s stock drop is bizarre.
The big-box retailer lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. Walmart ended […]
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admin wrote a new post, Household robots are about to get a big price cut — if China’s top 'robovac' player has its way 3 weeks, 5 days ago
BEIJING — Household robots for cleaning are about to quickly become an affordable reality.
At least that’s what Quan Gang, president of Beijing-based robot vacuum cleaner company Roborock, has in mind as he s […]
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admin wrote a new post, Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here's what Wall Street expects 3 weeks, 5 days ago
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history.
What’s […] - Load More
