Senior counselor to President Trump for trade and manufacturing, Peter Navara. Peter, always a pleasure. It's wonderful and great to see you again, sir.Can you talk about back with you too long. >> It's been too long is right. Can you tell us more about Trump's new sweeping executive order exempting more than 100 food and ging grocery items from his reciprocal tariffs.Because the media is complaining about this, saying, "Well, we thought he needed tariffs for, you know, national security." >> Well, this one ...

Australia’s central bank board members discussed a recent spike in inflation, the outlook for the labor market and whether monetary policy was still restrictive when deciding to leave interest-rate settings unchanged this month https://t.co/Vtm9NIYowy ...

Core Points - President Trump announced that prices will decrease, addressing concerns about the economy and cost of living during a speech at McDonald's Impact Summit [1] - Inflation has risen to 3% in September, the highest rate this year, while the price of a Big Mac increased from $5.69 to $6.01 over the past year [4] - The average cost of ground beef also rose to $6.32 in September, up from $5.67 a year ago, prompting the administration to ease tariffs on various food imports to alleviate affordability issues [5] Company Insights - Trump emphasized that McDonald's prices are reportedly coming down, as stated by CEO Chris Kempczinski, indicating a positive outlook for the fast-food chain [6] - The president highlighted the role of McDonald's employees in understanding customer needs, suggesting their importance in the community [9] - Trump shared his personal connection to McDonald's, referencing his experience as a fry cook and his favorite menu item, the Filet-O-Fish, which he humorously suggested could use more tartar sauce [10]

JPMorgan thinks America’s way out of its debt mess may run through higher inflation, weaker Fed independence, and a lot more pain for risk assets. JPMorgan Private Bank’s 2026 outlook zeroes in on the United States’ swelling $38.15 trillion national debt and a debt-to-GDP ratio hovering around 120%, warning that the real risk is not a sudden buyers’ strike in U.S. Treasury, but a slow, deliberate policy shift that changes the entire macro backdrop for markets, including crypto. Debt-to-GDP, explained Gr ...

Right, let's switch gears now and bring in our first guest of the show. Joining us now is Jim Biano, president Biano Research. It's always lovely to talk to you, Jim.Uh let's get to what we're likely to hear this week as far as this whole K-shaped economy. Uh because when we talk about this, which we do very often, uh it's important to point out exactly what that means. Uh because you've actually argued uh that this is really about inflation and not jobs.Can you unpack that for us. >> Sure. The K-shaped eco ...

Inflation. Breaches. Censorship. The system isn’t outdated - it’s broken.Rewrite your financial future to be trustless, transparent and permissionless with OKX, now available in the US. https://t.co/i78ojxS9oG ...

The White House also under pressure on the economy and the issue of affordability as costs remain high, especially on grocery items despite President Trump's insistence that prices are coming down. According to NBC News's latest grocery price tracker, the price of orange juice as well as beef, bacon, and chicken are all up at least 5% compared to last year. On Friday, the Trump administration announced it was rolling back tariffs on some food products, including coffee, bananas, and beef.One of the administ ...

On a related note, such is the volatile nature of cryptocurrencies, a near-30% fall in bitcoin in just six weeks may not be all that remarkable. After all, bitcoin had a similar slump earlier this year before powering to new highs in the "everything rally" from the post-Liberation Day low in April.A sense of unease is rippling across markets, and with hopes of another Fed rate cut in December fading, now seems as ‌good a time as any for investors to take profit on highly profitable trades this year - long s ...

Joining us now, head of King's College, Cambridge, and columnist for the Financial Times, Jillian Tet, and New York Times White House correspondent Tyler Pager. Jillian, I when I talk about a K-shaped economy, I I never imagined that McDonald's would be on the top of the K. Well, absolutely, and there's two important things going on here.Firstly, the top 10% of Americans used to account for only about a third of all consumer spending. Today, they're accounting for about half. And that's because so much of c ...

Core Viewpoint - The outlook for the retail sector heading into the holiday season is bleak, primarily due to rising inflation impacting consumer health, especially among low-income consumers [1][3]. Retail Earnings Outlook - Major retailers such as Walmart, Home Depot, and Target are set to report earnings, with cautious sentiment prevailing in the market [1][4]. - Five Below is identified as the most likely retailer to exceed consensus expectations in its upcoming earnings report, benefiting from macro tailwinds and company-specific improvements [5]. - Target is expected to miss expectations due to ongoing struggles with consumer perception, being viewed as a "nice to have" rather than a necessity [6]. - Walmart is anticipated to report inline results, but the current stock valuation suggests limited upside potential [6][7]. Home Improvement Sector - Home Depot and Lowe's are experiencing muted performance, with expectations for uninspiring results in their upcoming reports [9]. - The performance of these companies is largely driven by macroeconomic factors, particularly interest rates and housing turnover, which will influence home improvement demand [9]. Costco's Position - Costco's earnings report is scheduled for the second week of December, with expectations for better performance due to its focus on middle to high-income consumers, who are faring better than low-income consumers [10].