The so-called big beautiful bill facing a final house approval vote in the coming hours. Joining us now is Treasury Secretary Scott Bessant. Mr.. Secretary, thank you so much for joining us. We're we're going on more than six hours now where Minority Leader Jeff is speaking. What What are you hearing.What's your expectation for when and whether this could pass. Uh, well, it's going it's going to going to pass and my expectation is that we'll get a vote around 130 today. Got it.You have said that this isn't ...

Key Takeaways ORC offers a 20.3% dividend yield and has increased payouts three times over five years. Improving loan demand and lower rates may drive stronger returns for ORC's RMBS portfolio. Earnings for 2025 are projected to rise 394.4%, but shares trade at a P/S far above industry average.Orchid Island Capital, Inc. (ORC) has a record of paying out regular dividends, currently yielding a staggering 20.3% compared with the industry average of 12.4%. The company has increased its dividend three times o ...

Goldman Sachs global chief economist Yan Hatius joins us with his first take on the report looks good from the headlines but as I highlighted earlier beneath the surface you know where the job growth was concentrated why the unemployment rate came down wasn't all that great what do you think true it overstates the strength of the report if you just look at the headline numbers I think on the establishment survey the private sector was pretty soft and the big headline number was really driven by increas piec ...

Key Takeaways Advisory, underwriting and asset management fueled GS revenue gains amid revived M&A activity. Assets under supervision at GS grew, driven by inflows into alternative investments. GS was a top performer in the 2025 Fed stress test, with $300M in projected losses under extreme conditions.For The Goldman Sachs Group, Inc. (GS) , 2025 has been characterized by both strategic gains and persistent challenges. The investment banking giant, which is part of the Zacks Financial - Investment Bankindu ...

Poland’s central bank Governor Adam Glapinski pushes back against growing market expectations that a surprise interest rate cut on Wednesday has kicked off an easing cycle https://t.co/hXXQIlQVph ...

When we see such a positive jobs report, 147,000 jobs and a lower unemployment level, what is this. What is driving this. Good morning.Thanks for having me. Look, you know, as you said a moment ago, you know, this report was better than 78 out of the 79 forecasts that came into into the Bloomberg consensus range, the Bloomberg forecast. And so what we see is an economy that continues to defy it, continues to defy expectations, continues to defy, you know, all the doom and gloom that's out there, whether it' ...

wouldn't cut rates right away, but I'd have my finger near the trigger. >> All right, Steve, stay with us. >> Let's bring in the rest of our panel, the Brookings Institution's Wendy Edelberg, the Manhattan Institute's Allison Schrager, and our own Mike Santoli.Great to have you all with us. Wendy, let's start off with you. What's your take on the report. What's your take on that asterisk that Steve brings up in terms of the growth from the federal government in terms of job ads.>> Yeah, Steve makes a great ...

report. Joining us right now is Roger Ferguson, former vice uh Fed vice chair as well as a CNBC contributor. Good morning to you.Uh before we get into it, just your reaction to the jobs number. Do you put this in a good category. We had Steve Leeman who found a couple of holes in it.What's your what's your thought. Uh look, overall a very good category. The unemployment rate coming down always very helpful.You know, the job creation number after the ADP surprise uh yesterday very welcomed. I'm not sure I ag ...

Key Takeaways HD's Q1 FY25 sales rose 9.4% to $39.9B, but large remodeling demand stayed soft amid high interest rates. Big-ticket transactions of more than $1,000 rose just 0.3% as customers avoided financed renovations. HD sees a $50B deferred demand opportunity, but rate pressure continues to delay project recovery.Higher interest rates continue to weigh on The Home Depot Inc.’s (HD) core market of big-ticket remodeling business. These bigger renovations typically require financing and persistently hig ...

The most important principle to keep in mind when thinking about large government debts and deficits such as those that we have and that are coming is when countries have too much debt, lowering interest rates and devaluing the currency that the debt is denominated in is the preferred path government policy makers are likely to take. So it pays to bet on that happening. That means betting on a weaker currency and uh lower real interest rates are the best path.And the reason governments uh prefer to take tha ...