Global Stocks Hold Steady After Four-Day Rally: Markets Wrap
(Bloomberg) — A gauge of global equities held firm after four days of gains, following a recovery fueled…
Fed cuts: ‘Weaker job growth and lower inflation’ could push Powell to reduce interest rates
U.S. markets are closed today for Thanksgiving, but S&P 500 futures were flat this morning after the index…
Treasuries Rally Stalls After Surprise Decline in Jobless Claims
A four-day rally in Treasuries stalled on Wednesday, with the 10-year yield at 4%, as fresh US labor…
Citadel CEO warns US retirees may pay ‘steep’ price for Trump’s Fed attacks. How to protect your nest egg
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I’m a CEO who’s built, scaled and turned around companies. The next arms race in business isn’t about supply chains or rate cuts — it’s about predictability
After 20 years spent building, fixing and scaling companies, I’ve learned the hardest thing to manufacture isn’t growth…
Scott Bessent wants the Fed to fade into the background after tension with Jerome Powell
There have rarely been years when the Federal Reserve has been so carefully watched by the White House,…
Hassett Emerges as Frontrunner in Trump Fed Chair Audition
Kevin Hassett (Bloomberg) — White House National Economic Council Director Kevin Hassett is seen by advisers and allies…
More Than 1 in 3 Americans Will Delay Retirement Due to Financial Challenges — Here’s Why
Saving for retirement is one of the most important financial moves you can make, but also one of…
Lubbock banker and coin collector give two cents on end of penny production
LUBBOCK, Texas (KCBD) – The United States Treasury has decided making cents no longer makes sense, minting the…
Analyst who called the dot-com bubble says Americans are turning a deaf ear to AI warnings—and a worse meltdown than 2008 looms
Albert Edwards, the outspoken Global Strategist at Société Générale—a figure who even refers to himself as a “perma…
The Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say
The typically consensus-driven Federal Reserve is looking more and more divided lately, so much so that next month’s…
US employers cut more than a million jobs this year, a sharp rise compared to 2024. Is the weak job market here to stay?
Forget ghosts and ghouls this fall: October’s job cuts are what’s really spooking economists. Research from the executive…