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Summers Says One Big Beautiful Bill Cuts Safety Net
Bloomberg Television· 2025-07-19 12:06
David, it has to be recognized that it's a big legislative accomplishment. It's a larger bill passed sooner than other presidents have achieved. But I don't think it's going to take the country in the right direction. I think it's going to grow our budget deficits in the future very substantially.And you're already seeing some market reaction to that. And I think that what it does to our social safety net is really going to be devastating relative to the path the country would have been on. If you look at c ...
FedWatch's Ben Emons says FOMC may signal more cuts from here
CNBC Television· 2025-07-18 21:56
Meanwhile, our next guest thinks tensions between President Trump and Fed Chair Jerome Powell could reach a boiling point by the next interest rate decision scheduled for later this month. Ben Emmens is founder and chief investment officers at Fed Watch Adviserss. Ben, thank you for being with us.I mean, my goodness. Uh, I can't even remember what day it was this week, but it was a long day and a short day allin-one. We had we thought we knew one thing and then an hour and a half later we knew something dif ...
X @Forbes
Forbes· 2025-07-18 14:50
When it comes to government-backed small business loans, a little known $14 billion tech-focused bank in North Carolina called Live Oak dominates. Unfortunately Wall Street pays it no respect. (Photo: Shawn Hubbard for Forbes) https://t.co/Cot7H1nQYP https://t.co/0P0pnFatDs ...
Inside the storefront Beyoncé can't get enough of
Yahoo Finance· 2025-07-17 17:39
What do Beyoncé and luxury Western-wear shoppers have in common? They can’t resist the magic of Kemo Sabe. This week on The Big Idea with Elizabeth Gore, Kemo Sabe president & owner Wendy Kunkle joins the show to answer the question: How do I create the best in-store experience? Kunkle, who began working for Kemo Sabe 20 years ago, climbed the ranks and took over the luxury western wear brand in 2020. She attributes her success to hard work and hiring the right staff. Kunkle stresses the significance of hav ...