'It sounds like a direct examination': LISTEN to former Trump defense lawyer interview Maxwell
MSNBC· 2025-08-22 21:20
We come on the air with breaking news and major developments in the Jeffrey Epstein case. In just the last hour, the Justice Department has released transcripts and audio from the questioning of Epstein co-conspirator Galain Maxwell by Deputy Attorney General Todd Blanch, who, as you will recall, was once the president's personal defense attorney. We are still here combing through all of it. Our panel of reporters and experts are going to help us go through it bit by bit. The other major development today, ...
Markets relieved Powell didn't tell a neutral story, says BMO Private Wealth's Carol Schleif
CNBC Television· 2025-08-22 21:19
Well, joining us now, Vincent Reinhardt, chief economist at BNY Investments, and Carol Schlife, chief market strategist at Beimo Private Wealth. It's great to have you both here. Vincent, I'm going to start this conversation with you because I was speaking to Loretta Mester earlier today on the exchange, and she said that she was a little surprised how straightforward Pal was in terms of signaling uh his willingness to cut rates next month, but she did also say she thought this would be a hawkish cut if we ...
Dow closes at a new record & why a rate cut in September is likely, but not guaranteed
Yahoo Finance· 2025-08-22 21:15
That is the closing bell on Wall Street. And now it's market domination overtime. We're giving you full team coverage of all the moves to get you up to speed on the action for today's trade.Lou Bassin, Prairie Operating Company, EVP of Market Strategy, as well as Yahoo Finance's very own Jared Blickery joining us now to break down the move today. Jared, my friend, let's start with you on that close. Yeah, let's talk about POW here.We got the POW put in effect. A lot of traders love the uh the hint at Septem ...
Dow surges more than 800 points to post record close as Powell speech fuels rally
CNBC Television· 2025-08-22 21:15
Stocks soaring today on the back of Fed Share Pal's speech. Investors noting the speech was more doubbish than expected. Markets ending the day in the green, but off the highs, though still some strong gains here.The Dow hitting an all-time high. The S&P just a few points away from a new record. 6467 is the number to watch there.And it doesn't look like as we settle out here, we're just shy of it. With today's gain, the Dow and the S&P 500 ending in the green for the week. This is their third weekly gain in ...
Zelenskyy ready to discuss ‘territorial issue’ with Putin: Ukrainian first deputy foreign minister
NBC News· 2025-08-22 21:12
Back earlier today, I spoke exclusively to Russia's top diplomat, Sergey Lavrov, about President Trump's push for a Putin Zalinski summit. Lavrov told me bluntly, there is no meeting plan. Take a listen to some of what he had to say.So bottom line, bottom line, there's no meeting. President Putin said clearly that he is ready to meet provided this meeting is really going to have an agenda, presidential agenda. So that's a big if.There's no meeting planned, Mr. . Foreign Minister. That's a big if.There's You ...
Ghislaine Maxwell says she ‘never witnessed’ Trump in any inappropriate setting in DOJ tapes
NBC News· 2025-08-22 21:11
Welcome back. We're following breaking news. The Justice Department has just released the transcript and audio recordings of its interview with Jeffrey Epstein's associate, Galain Maxwell.Deputy Attorney General Todd Blanch releasing the information from his two-day interview with Maxwell conducted last month. Maxwell telling Blanch she never witnessed now President Trump acting inappropriately. Actually never saw the president in any type of massage setting. I never witnessed the president in any inappropr ...
Axiom Space CEO on retiring the International Space Station
Bloomberg Television· 2025-08-22 21:08
The ISS is set to retire by the end of 2030. How confident are you in that timeline. And what risks does Axiom face if NASA extends its life longer than expected.>> Yeah, I'm I'm pretty confident it will come down. It's already been extended, right. Originally, I think the uh expiration date was a 20 2024 and Congress has stretched it out.Um it's it's a piece of equipment, right. It was designed with a certain lifespan. Some parts are newer than others.uh but the whole thing was designed to come down as one ...
Rate CUTS Are Coming And Markets Are Ready To RIP
From The Desk Of Anthony Pompliano· 2025-08-22 21:00
Interest Rate Policy - The market anticipates a 25 basis point interest rate cut in September following guidance from Jerome Powell [1] - The Federal Reserve's decision-making will be data-dependent, assessing economic outlook and risk balance [1] - A friend of the company suggests that cutting rates into an economy where PMIs are going higher is just going to help the market in a significant way into the end of the year [1] - The company friend does not think the Fed should do a 50 basis point cut [1] Labor Market - The labor market is now considered more important than inflation in the Fed's decision-making [1] - Estimates suggest potential benchmark revisions for labor, indicating 500,000 to 900,000 job losses [1] - The labor market is more fragile than the 42% jobless rate suggests [2] Market Reaction & Economic Impact - Stocks surged 80 points and Bitcoin gapped up from $112,000 to $116,000 in response to the news [2] - Lower interest rates are generally viewed as beneficial for businesses, consumers, and investors, potentially leading to economic growth [2] - History suggests that a period of 5 to 12 months between Fed cuts is typically bullish for stocks, with the S&P 500 rising in 10 out of 11 instances [2]
FBI's search of Bolton will have 'extraordinary chilling effect': Dem Rep.
MSNBC· 2025-08-22 21:00
Joining us now, Democratic Representative Mikewigley of Illinois, a member of the House Intelligence Committee. What is your reaction, sir, to this search. >> Sure.I mean, uh, there are no such thing as coincidences. Uh, this is extraordinary. Uh, I didn't agree with, uh, Ambassador Bolton's Bolton pretty much ever in his time working with the president, but you have to admire his conviction here.the fact that he knows this president and he knows the risks that are involved with criticizing him, there's an ...
What the search of John Bolton's house means for the average American.
NBC News· 2025-08-22 21:00
We know this isn't happening in a vacuum. Both President Trump and President Biden faced investigations into their own handling of classified docks. This is certainly a shift in in how the government handles these sorts of situations, right.Why what should the average American take away from here. For 50 years since Watergate, presidents stayed out of criminal investigations and presidents were only investigated in largely in terms of impeachments. And what's happened under Biden and Trump is that, you know ...