Julian Hebron
Senator Tillis reiterates opposition of Trump Fed chair pick Warsh until DOJ's criminal allegations against Powell are resolved
59% of consumer spending is by top 20% of earners (near record high), and 41% is by bottom 80% (record low) — per Moody’s analysis of Fed data
The modern world is built in Detroit so maybe that’s where the Davos World Economic Forum will relocate. So says Larry Fink.
Battle for Fed independence escalates as DOJ goes after Fed, and Powell holds ground
CNBC creative lead Robert Poulton explains why new logo drops peacock design and aligns with on-air market graphics
Lisa Cook AG letter says: “There is no fraud, no intent to deceive, nothing whatsoever criminal or remotely a basis to allege mortgage fraud”
Here's a detailed table from Reuters about every U.S. economic data release coming up in October, and which ones will go vs. which ones will be delayed by government shutdown
Jobs & inflation data releases would pause in a government shutdown, which makes Fed and Wall Street market outlook jobs more difficult. Here’s a rundown.
Mortgage docs show Bessent once agreed to occupy two different houses as his 'principal residence' at the same time. Trump wants to fire Fed governor Cook for a similar issue. Neither situation is clear proof of fraud.
Lisa Cook can for now remain at the Fed for September 17 FOMC meeting, where it's expected to cut rates to bolster a cooling job market. Trump may appeal to Supreme Court right away.
A federal court ruled that Fed governor Lisa Cook can keep job while she fights president Trump’s efforts to fire her. Case still likely to end up in Supreme Court.
The Treasury secretary's quiet tensions with housing finance chief Bill Pulte exploded at a private dinner in Washington, DC last week.
Reuters says public records show that close relatives of the U.S. housing finance regulator accusing a Fed governor of improperly claiming primary residence on two properties have declared the same status on two homes in two different states
Anthropic’s $1.5b deal with authors may accelerate a shift toward licensing copyrighted material needed to train AI models, legal experts say
Fed Chair Powell may see paltry 22k new August jobs as caused by lower immigration, unemployment rising to 4.3% — highest since October 2021 — will likely lead to Sept 17 rate cut of 0.25% or 0.5%.
