Workflow
Fed
icon
Search documents
X @The Wall Street Journal
Wall Street is worried as new legislation could push federal debt into dangerous territory—without an emergency requiring it https://t.co/903lRUxa98 ...
OpenAI, Oracle Deal Shows Need for Compute Power
Bloomberg Technology· 2025-07-03 17:56
Found it really interesting. These big capital projects in infrastructure just keep coming. What does that signal to you about what the market should model for in the coming years ahead.Hi, Ash. Thanks for having me. I think the significance of this deal is that the demand for computing power is just insatiable.And remember, when Dixie come out, a lot of investors were worried that actually there may not be the need for so much computing power if the modelling is so efficient. But actually, that's that's no ...
Tax bill awaits final House vote, tariff pause nears: Market Catalysts
Yahoo Finance· 2025-07-03 17:46
On today’s Market Catalysts, host Julie Hyman covers key trending stories on Thursday, July 3. Yahoo Finance Washington Correspondent Ben Werschkul joins the show to discuss the latest on President Trump's tax bill, which is awaiting its final vote in the House as House Minority Leader Hakeem Jeffries delays the vote with his speech. Former Congressman Kevin Brady, architect of the 2017 Tax Cuts and Jobs Act, shares his insights on the bill's impact on Medicaid and US economic growth. Wells Fargo Investment ...
Treasury Sec. Bessent on potential to serve as next Federal Reserve chair
CNBC Television· 2025-07-03 17:45
Yeah. Fighting the last war as as we've seen with regulators. So, do you think that they're being they're being political. Do you think that Peter Pal is political.Uh I I think that it's a it's a vote a vote of the FOMC, the voting members. So, u you know, we we'll see. There seems to be a big dispersion in the so-called dotplot, the summary of economic projections between the Trump appointees and the non-Trump appointees.Uh, I'll let you read into that what you want. No, I pointed it out before. Waller and ...
Watch CNBC's full interview with U.S. Treasury Secretary Scott Bessent
CNBC Television· 2025-07-03 16:50
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 ...
Fundstrat's Tom Lee: This is the most hated v-shaped rally by institutional investors
CNBC Television· 2025-07-03 16:39
Fundstrat head of research and Fundstrat Capital CIO Tom Lee, also a CNBC contributor, joins me here. Tom, good to see you. Great to see you.So, we have this rally that's now extending uh probably beyond what most were positioned for, but it started in a moment of peak uncertainty. Yes. And even when we were in peak uncertainty, a lot of us were saying that's kind of usually forward-looking bullish.But are we now getting to a point where we have finally feasted on all of the uncertainty and now we have a lo ...
U.S. economy adds 147,000 jobs in June
NBC News· 2025-07-03 14:01
The US economy added 147,000 jobs in June. That was more than expected. The unemployment rate fell slightly to 4.1%.Here to talk more about all this, NBC News correspondent, Christine Romans, and Investipedia's editor-in chief, Caleb Silver. Good morning. Good to have both of you with us.So, Christine, it has been a resilient first half of the year for the US jobs market despite all the questions about tariffs and everything else. Let's just start with the numbers. Walk us through with this jobs report.I me ...
Miran Says Jobs Report Shows US Economy Normalizing
Bloomberg Television· 2025-07-03 13:49
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' ...
Expected more bond market revolt from Powell's resignation calls: Former Fed Vice Chair Ferguson
CNBC Television· 2025-07-03 13:31
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 ...
BlackRock's Rosenberg Worried About Dip in Private Payrolls
Bloomberg Television· 2025-07-03 13:15
What on earth do you do with this one this morning. You know, Jonathan, I haven't heard you say it yet, but, you know, this is a great example of where the first reaction is, not necessarily the last reaction. I think we've got to rewrite these headlines, everybody.This is about the private payrolls and private payrolls. Disappointed to the downside. Mike, Mickey just talked about the upside surprise.It's government and that may be surprising. Federal government was down. That's not surprising. That's doege ...