Federal Reserve & Treasury - President Trump's lawyers are seeking court approval to allow his dismissal of Fed Governor Lisa Cook to proceed before the next week's rate-setting meeting [1] - Treasury Secretary Scott Bessant has reportedly met with several candidates for the next Fed chair, including Larry Lindsey, Kevin Worsh, and James Bullard [2] - Bessant will wait until the FOMC blackout period concludes next week before interviewing current Fed officials [3] Company Performance & Guidance - Adobe's earnings and revenue exceeded expectations, and its guidance also topped estimates [4] - RH (formerly Restoration Hardware) is under pressure as revenue fell short, and the company lowered its full-year guidance due to ongoing tariff uncertainty [4] - RH had affirmed its guidance just three months prior but did not reaffirm it this time [4][5] - RH's new forecast does not account for the tariff investigation into furniture entering the United States, announced by President Trump last month [5] - Super Micro has commenced volume shipments of its Nvidia Blackwell Ultra products to customers globally [5]
5 Things To Know: September 12, 2025
CNBC Television·2025-09-12 11:07