James Bullard: I'd accept Fed chair job 'if we set it up for success'
CNBC Television· 2025-08-12 20:45
I did talk to the Treasury Secretary uh last week and uh he said uh he was going to be out of the country, but uh the Wall Street Journal broke the story up. I I guess uh I don't know where they got their info, but I did talk to him. Uh we had a brief conversation and uh I told them uh it didn't sound like they had a process locked down yet, but I I told him I'd be happy to uh you know proceed however they wanted to proceed.in terms of it it would be more um I guess vetting is that is that what is that what ...
China Urges Local Firms to Avoid Nvidia H20 Chips | Bloomberg Tech 8/12/2025
Bloomberg Technology· 2025-08-12 20:44
>> “BLOOMBERG TECH” IS LIVE FROM COAST-TO-COAST. WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH. " COMING UP, BEIJING URGES LOCAL COMPANIES TO AVOID USING NVIDIA'S H20 PROCESSORS. MATT: ELON MUSK -- CAROLINE: ELON MUSK ACCUSES APPLE. >> AND WE WILL HAVE A DISCUSSION WITH THE CEO. CAROLINE: AND THE NASDAQ 100, THE S&P 500 WERE UP .6%. VOLATILE TRADE AS WE ADJUST THE CPI AND CONSUMER PRICE INFLATION COMING IN WHERE THE MARKET ANTICIPATED. THEY STILL THINK THEY HAVE ...
Tariff impact on CPI likely to grow in months ahead, says fmr. NEC Deputy Director Daniel Hornung
CNBC Television· 2025-08-12 20:41
For more on what today's data is telling us about the US economy, let's bring Daniel Hornung, former deputy director of the NEC and a current research fellow at MIT. Daniel, it's great to have you on. And let's start right there.What was your read through for CPI and specifically for core CPI which did on an annualized basis come in a little hotter than expected and actually at the highest since February. Um but all not necessarily spiking or or not necessarily spiking uh to the extent that I think some peo ...
LIVE!! SpaceX Starship 37 Testing
The Launch Pad· 2025-08-12 20:31
Watch LIVE as SpaceX tests Ship 37 on Starbase Pad A ahead of Starship Flight Test 10 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- OUR MISSION: Our mission is to inform and inspire the explorers of tomorrow; because space is better together. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- SUPPORT OUR WORK: Consider becoming a TLP Member and go behind the scenes at TLP! https://www.patreon.com/thelaunchpad https://www.youtube.com/thelaunchpad -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- CONNECT WITH US ...
Tariffs are “deflationary, not inflationary,” as long as it’s just a one-off circumstance.
Yahoo Finance· 2025-08-12 20:30
In the long run, tariffs, as long as it's just a one-off circumstance, are deflationary, not inflationary. So, you're just saying because of simple math. In other words, because tariffs push up prices, and then if you look a year out, you will not see those price increases persist.That's correct. I guess the concern is that they'll make their way through the system, be more persistent, and unanchor inflation expectations, right. And that that could have a persistent inflationary effect.I will not take excep ...
Why don't Republicans check Trump's power? 'Very few brownie points' in it for them
MSNBC· 2025-08-12 20:30
Joining us now, Punch Bull News co-founder and MSNBC political contributor Jake Sherman, managing editor of The Bull Work and MSNBC contributor Sam Stein, and independent journalist Phil Bump, the man with all the numbers. Jake, um I'm going to begin with you because I I ended there with the separation of powers. And the one thing that the founders foresaw is that if one of the branches overshot their authority, if they went too far, the other branches would come in and adjust it.they would have leverage ov ...
James Bullard: Tariffs don't really cause inflation
CNBC Television· 2025-08-12 20:24
I think uh uh the the committee put their uh rate cut program on pause when the tariff situation arose uh six months ago and now you have six months of evidence. Uh I don't really think tariffs cause inflation. Taxes don't cause inflation.And so what you're seeing in the data is very muted effects uh that are one-time increases in the price level. And so you're not really seeing anything. And the committee's coming around to the view, I think, that this is probably a one-time increase in the price level and ...
Investors are misinterpreting aseasonal buying as a summer melt-up, says 3Fourteen's Warren Pies
CNBC Television· 2025-08-12 20:18
For more on where stocks are heading from here, let's welcome in Warren Pies. He's the co-founder of 314 Research. Good to see you. >> Good to be here.>> You downgraded equities in July. >> That's correct. >> Yeah.I mean to be uh to give us a little bit of slack, we upgraded. We were overweight through it from May. Last time I was here, I was pretty bullish in May and we went down to benchmark weight.And so we just told our clients, look, if you've been following us, then you're ahead on the year. You're be ...
Ethereum Surging Towards All Time Highs
Benjamin Cowen· 2025-08-12 20:18
Hey everyone, and thanks for jumping back into the cryptoverse. Today we're going to talk about Ethereum as it appears set to target new all-time highs. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on Into the Cryptoverse Premium at into the cryptoverse.com. Link is in the description below where you can follow along more closely. Ethereum continues to show strength.And again, this shows you the power of Ethereum after it goes ...
Victims identified in Austin parking lot shooting
NBC News· 2025-08-12 20:15
The suspect right now is facing capital murder charges for a deadly shooting in a Target parking lot. Three people, including a four-year-old girl were killed on Monday in Austin, Texas. Police say it started when the suspect randomly attacked a Target worker who was collecting shopping carts.Police also say the suspect has a history of mental health issues, but did not elaborate. NBC News correspondent Priscilla Thompson joining us now live from Austin. Priscilla, we just got an update from police a short ...