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Lisa Cook's bank docs may appear to refute Trump admin's claims of mortgage fraud
MSNBC· 2025-09-15 20:29
Tomorrow, a Federal Reserve committee will meet to talk over a possible interest rate cut. But the big question is, will Lisa Cook join her fellow Fed governors for that meeting. For now, Cook remains on the board after a federal judge blocked President Trump's dismissal.And tonight, the Senate is expected to confirm Trump's latest appointment to the Fed board, Steven Myron. If the vote goes as expected, Myron will join the board in time for this week's meeting. He will not be replacing Cook though, in case ...
X @Bloomberg
Bloomberg· 2025-09-11 12:54
RT Bloomberg Opinion (@opinion)@BBGIntelligence @JonathanJLevin @AllisonSchrager Is airfare the canary in the coal mine for a weakening economy? ✈️Tune in for live analysis from BI Sr. Airlines analyst George Ferguson:https://t.co/ILZTV05tN5 ...
Goldman Sachs CEO: 'We've seen some job data that indicates that there has been some softening'
CNBC Television· 2025-09-10 22:45
Well, you've got you've got conflicting things, you know, going on for sure. There's a there's a lot of optimism around technology innovation and there's certainly a strong belief on the part of CEOs that scale matters and they feel like they have an opportunity to position their businesses for the next decade and you don't know how the regulatory pendulum can swing. Obviously, we have a, you know, we have a system where we definitely have swings back and forth.And so, this is an opportunity for CEOs to be ...
Executives from JPMorgan Chase, BlackRock and more talk rate cuts, the consumer and the economy
CNBC Television· 2025-09-10 18:53
I think the economy is weakening, you know, whether that is on the way to recession or just weakening, I don't know, and that just confirms what we already thought, kind of. And I know that's a big revision. And speaking of kind of what we were going back to with the state of the economy, the difficulty predicting one of the questions people have is what's going on with the consumer right now.They're still spending money. It's a little bit different depending on what income set they're coming from. They sti ...
X @Wendy O
Wendy O· 2025-09-07 20:11
Economic Outlook - The economy is projected to perform well in 2027, according to Trump [1] Societal Impact - There are concerns about how much longer tax-paying Americans can wait for economic improvements [1]
Alicia on Trump economy: You can’t deny people’s lived experience
MSNBC· 2025-09-06 01:28
Okay, this may come as a small surprise to many of you. Donald Trump's economy is apparently struggling. Today's weak job numbers report shows only 22,000 jobs were added in August.That's well below the expected 75,000 jobs. The unemployment rate also ticked up to 4.3%, the highest it's been in nearly four years. Now, none of this is good news for the president, who was already facing pretty steep backlash for his economic policies.Quinnipic's latest poll shows 57% of Americans don't approve of Trump's hand ...
Keep tech exposure but look to defensive sectors like utilities, says Bridgewater's Patterson
CNBC Television· 2025-09-05 19:03
How do you invest in what appears to be a slowing but still growing economy. Rebecca Patterson is former chief investment strategist at Bridgewwater Associates, also a senior fellow at the Council on Foreign Relations. Is it wrong to characterize this economy as slowing but still growing.>> From the labor market perspective, it's definitely slowing. I would even say stalling. You know, the challenge is going to be the disconnect between GDP reports and labor reports in the coming months and maybe quarters, ...
'A policy-driven slowdown': What the new jobs report says about Trump's economy
MSNBC· 2025-09-05 18:24
I want to bring in Ron Insana, CNBC contributor and publisher of the message of the market on Substack. Peter Baker is New York Times chief White House correspondent and an MSNBC political analyst. Mark McKinnon is a former adviser to President George W.Bush and Senator John McCain as well as creator of the television series The Circus. So Ron, the president says we are the hottest economy in the world. What does this report tell us.Well, I would fly in the face of that analysis and and and I think you know ...
X @Bloomberg
Bloomberg· 2025-09-05 08:32
President Vladimir Putin rejected a top banker’s warning that Russia’s economy is showing signs of stagnating https://t.co/HI63DSCNVq ...
McDonald’s CEO: Middle- and lower-income consumers are under a lot of pressure right now
CNBC Television· 2025-09-02 13:05
just said Ray Washurn and he's Red Lobster. He talked about Chili's and talked about how if it's a you get a dollar more at Chili's I guess that's a higher it's not a McDonald's it's thought of as a casual dining or something. So if it's only a dollar difference you might go to Chili.So you recognize that but and move quickly, right. Yeah. And and part of what we also saw was that particularly with middle and lower income consumers they're feeling under a lot of pressure right now.I think there's a lot of, ...