>> WHY DON'T WE GET OVER TO STEVE LIESMAN. HE'S GOT A VERY SPECIAL GUEST THIS MORNING. A SPECIAL INTERVIEW WITH NEW YORK FED PRESIDENT JOHN WILLIAMS.STEVE. >> ANDREW. THANK YOU.YES, I AM HERE AT THE NEW YORK FED WHERE I'VE BEEN. WE DON'T KNOW HOW MANY YEARS IN A ROW NOW, BUT SEVERAL WITH PRESIDENT JOHN WILLIAMS FOR A TRADITIONAL DECEMBER HOLIDAY INTERVIEW. WELL, WELCOME BACK, STEVE.THANKS. AND JOHN, I WAS JUST REMARKING ABOUT HOW GREAT OUR TEAMS ARE WHO SCHEDULED THIS MONTHS IN ADVANCE, KNEW THERE WOULD BE ...

Government & Economics - Government's primary role is to mitigate sources of unhappiness, particularly by maintaining stable price levels to preserve purchasing power [2][3] - Inflation was a top concern for voters, influencing their choices in elections [4] - Government acknowledgment and attention to economic problems like inflation is crucial to avoid public frustration [5] Money & Happiness - Accumulating material possessions does not lead to lasting happiness due to hedonic adaptation [7][8][9] - Experiences shared with loved ones, such as vacations, significantly contribute to happiness by creating lasting memories [9][10][25] - Allocating resources to buy time, such as paying for services to free up personal time, can increase happiness if the time is used purposefully [11][12] - Charitable giving to causes one is passionate about brings joy and satisfaction [13][15] - Saving money provides a sense of security and progress, contributing to overall happiness and future well-being [23][24] - Consumer debt, especially credit card debt, negatively impacts happiness, while mortgages are viewed differently as they represent progress [23][24] - Supporting causes or charities aligned with friends can strengthen relationships and bring happiness through collaboration [18][19][20]

Stocks looked set to rise on Friday, with investors now confident the Federal Reserve will have scope to cut interest rates in 2026 following a sharp pullback in November inflation.Futures tracking the Dow Jones Industrial Average were broadly flat, S&P 500 futures climbed 0.1%, and contracts tied to the tech-heavy Nasdaq 100 were up 0.2%.The Dow and S&P 500 each snapped four-day losing streaks on Thursday, after the delayed November consumer-price index showed there had been a surprise slowdown in inflatio ...

Let's bring in GOP Oklahoma Senator Mark Wayne Mullen. Sen Senator, it's good to see you. What's your reaction to this? Inflation under Trump hit just 2.7% in November, lower than expected. That number came out today. The largest monthly decline in like 2, three years. Yes, some gaps in the data, but what do you make of the media hot takes on all this? >> Well, the media is flat wrong. Keep in mind, when Joe Biden came into office in 2022, he inherited an inflation rate at 1.4%. In a year and a half, it was ...

The good news? History shows that investors don’t have to rely on perfect policy or ideal economic conditions to protect their purchasing power. Across cycles — and regardless of who occupies the White House — savvy investors have found ways to shield themselves from inflation’s bite.Meanwhile, the Federal Reserve recently cut its benchmark interest rate again, though policymakers cautioned the inflation fight isn’t over. In its latest statement, the Federal Open Market Committee said inflation “has moved u ...

Group 1 - TikTok and Oracle have signed an agreement to establish a U.S. venture, which is expected to enhance TikTok's operations in the U.S. market [1] - Nike reported earnings that exceeded forecasts, indicating strong performance in the overall market, but faced disappointing sales figures in China, highlighting challenges in that region [1]

Meanwhile, Wall Street is bracing for a quarterly event known as “triple-witching,” during which derivatives contracts linked to equities, index options, and futures expire, prompting traders collectively to either roll over their current positions or initiate new ones. According to Bloomberg, a record $7.1 trillion in notional open interest is set to roll off today as contracts expire across the U.S. options market.U.S. rate futures have priced in a 75.6% probability of no rate change and a 24.4% chance of ...

In 2018, inflation began to rise, and the Fed started raising interest rates. The subsequent market downturn irked President Trump, who seemed to blame the 2018 stock market decline on the Fed raising the Federal Funds rate in order to tamp down inflationary pressures. In late 2018, just one year after Powell's nomination, he said, "I'm not even a little bit happy with my selection of Jay."Yet while Powell was initially nominated to the Chairmanship by President Trump, President Trump has been highly critic ...

U.S. stock futures rose on Friday after Thursday’s higher close. Futures of major benchmark indices advanced.On Thursday, the November report showed that annual CPI inflation slowed to 2.7% from 3% in September. Because the Bureau of Labor Statistics lacked October survey-based prices, it carried forward September levels, effectively assuming zero inflation for a missing month. Meanwhile, President Donald Trump signed an executive order on Thursday, directing federal agencies to loosen regulations on mariju ...

Market Overview - U.S. stock futures rose on Friday following a higher close on Thursday, with major benchmark indices advancing [1] - The November CPI inflation rate decreased to 2.7% from 3% in September, with the Bureau of Labor Statistics carrying forward September levels due to a lack of October data [1] Futures Performance - Dow Jones futures increased by 0.11%, S&P 500 by 0.33%, Nasdaq 100 by 0.48%, and Russell 2000 by 0.32% [3] - The SPDR S&P 500 ETF Trust (SPY) was up 0.012% at $676.55, while Invesco QQQ Trust ETF (QQQ) advanced 0.48% to $612.03 [3] Company Highlights - Oracle Corp. shares jumped 5.65% after ByteDance signed agreements to shift control of TikTok's U.S. operations to a joint venture including Oracle [7] - Coty Inc. shares rose 1.54% as it is set to receive $750 million from the sale of its Wella business to KKR [7] - BlackBerry Ltd. shares declined 5.75% despite reporting third-quarter revenue of $141.8 million, exceeding analyst estimates [7] - Nike Inc. shares fell by 10.06% despite better-than-expected second-quarter results, citing expectations of narrower margins and lower revenue from China [13] - FedEx Corp. shares decreased by 1.04% despite positive financial results and raised guidance for FY2026 [13] Analyst Insights - Scott Wren from Wells Fargo Investment Institute projects a positive trajectory for the U.S. stock market and economy through 2026, driven by an improving economy and moderating inflation [10] - Wren notes the widening spread between 10-year and 2-year Treasury yields, the largest since January 2022, which historically correlates with stronger equity performance [10] Economic Indicators - Upcoming economic data includes speeches from New York Fed President John Williams and releases of existing home sales and consumer sentiment data [11]