This Fed horse race has swung a bunch of different ways since the process began last September. Kevin Walsh is a former Fed governor, has a reputation as a bit of a maverick. He believes, basically that the Fed needs kind of a housecleaning.This isn't the first time you've heard me in the last decade say we need regime change at the Fed. It's not just about a person. It's about an approach to economics. It's about approach to what they're doing.And I'm troubled when I see them moving the goalposts. He's mos ...

We're at risk of a government shutdown because of a federal immigration action in Minnesota. Now, in the past few weeks, we've seen two US citizens killed who were protesting the US federal immigration response in Minnesota. Those citizens were Renee Goode and Alex Peretti.Democrats in the Senate were ready to vote for this package of bills to fund about half of the government. But now, after the pair of killings in Minnesota, they're threatening to withhold their votes unless Senate Republicans remove the ...

In the wake of violent confrontations between federal agents and protesters over President Donald Trump's immigration policy, corporate leaders are now starting to do something they've rarely done in the first year of Trump 2.0%: disagree with the president. I think they should change their approach to immigration. I've said it.JPMorgan CEO Jamie Dimon publicly criticized Trump's immigration policy, making an apparent reference to videos of confrontations between ICE agents and their targets. Of course, I d ...

Five years ago, retail investors betting on GameStop were derided as "dumb money." The events were synonymous with stock market gambling. Consensus on Wall Street was that most individual traders would retreat after Covid, but those assumptions have been proved wrong. Average investors are now outperforming the market and becoming much more influential than many predicted.Professional traders have been forced to pay close attention to retail traders, who are now influencing market structure and fueling the ...

After the surge of ICE agents came to Minnesota, Renee Good was shot and killed by a federal agent. She was in her car. That alone sparked a lot of outrage.And then this weekend, with the killing of Alex Pretti, ICU nurse, I think the two shootings combined really led to Washington, D. C. , and a number of lawmakers raising significant concerns.ICE stands for Immigrations and Customs Enforcement. It was something that began after the 9/11 attacks, with the goal to really bolster national security, keep Amer ...

After years of safety crises, production delays and quality defects, Boeing finally seems to be turning a corner. Boeing’s net orders for 2025 were for 1,173 planes, the first time it outsold Airbus since 2018. Boeing delivered 600 planes, also the most since 2018 but still falls behind Airbus which delivered 793. Investors are also optimistic, Boeing stock has gained about 40% over the last 12 months. Analysts say while the company does seem to be finally on the right path, it still has a long way to go. C ...

Meta is giving Corning up to $6 billion for fiber-optic cable in its AI data centers, in a deal reported first by CNBC. Famous for making iPhone glass for Apple, the 175-year-old U.S. company is now at the heart of the AI infrastructure boom, with demand for fiber sending its stock up more than 70% in the last year. CNBC went to North Carolina for an exclusive interview with Corning CEO Wendell Weeks about a new type of fiber he helped invent for AI, plus a look at an expansion that Corning says will make i ...

Have you noticed cafes popping up inside your favorite retail stores. I'm at the Uniglo store on Fifth Avenue in New York City, and behind me is a coffee bar tucked away in the back corner of the store. Customers can order a matcha or a latte while they shop.There's even a seating area. Ralph Lauren and Capital 1 were some of the pioneers of the retail coffee concept. They opened their first locations in New York City over a decade ago.Capital 1 told CNBC that it now operates 65 cafes nationally and Ralph L ...

The most important asset for Tesla is Musk. Many of these investors see the success of Tesla inextricably linked to Elon Musk. You hire a CEO to advance your company and grow your company.And look at what happened with shares of Tesla. You are rewarded if he meets the metrics that are laid out. Tesla CEO Elon Musk was just awarded the biggest CEO package ever.With a potential value of $1 trillion, Musk is already worth more than $650 billion following the release of that 2018 pay package. After a lengthy le ...

The U.S. private credit market is projected to grow from $3 trillion at the start of 2025 to nearly $5 trillion by 2029. Private credit is lending by non-bank financial institutions to businesses that take place outside of the public markets. There are so many advantages to private credit.There's the speed, the flexibility, the reach in companies that haven't really been reached before. Private credit typically provides loans to companies that are otherwise unable to obtain them through banks or public debt ...