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Trade Representative Greer: We're in a good situation on the trade front with China
CNBC Television· 2026-04-10 13:45
Um right now we're in a good situation on the trade front. We've settled into some stability. We want to continue that.We expect that the president is going to have a good meeting with President Xi uh that we'll continue to talk about trade relations, how to have balanced trade, how to optimize trade between our two countries. You know, their economy is like a square peg and ours is a round hole. They don't fit together very well because the systems are so different. The underlying goals of our economies ar ...
Dubai Prepares for the Worst as Iran Launches Drones and Missiles
Bloomberg Television· 2026-02-28 18:39
From your vantage in Dubai, what are you seeing. What are you hearing. How much is that coming to pass.Look. I would say this is actually becoming what is turning out to be a really historic day. It is a fraud day, and I will just tell you anecdotally, myself, I'm sitting in Dubai, and I have heard blasts.And there are stories of people rushing to the supermarket now to stock up on what looks like it's gonna be a protracted couple of days of attacks and counterattack. So the feeling is one of extreme nervou ...
Striking down Trump’s tariffs proved the Supreme Court ‘can still set boundaries’
MSNBC· 2026-02-21 18:58
Yesterday the Supreme Court underscored a principle that's in part of the Constitution of the United States of America from the very beginning. Even the most powerful president in the world cannot rewrite the Constitution to win an argument about economics. 24 hours ago, President Trump suffered a significant legal defeat on one of the defining policies of his political identity, his tariffs.For years, Donald Trump described tariffs as a kind of economic superpower, a way to punish foreign countries and ric ...
JPMorgan Chase Backs Resident-Owned Communities To Boost Housing Affordability Nationwide
Yahoo Finance· 2025-12-07 21:31
Core Insights - The article discusses the initiative supported by JPMorgan Chase to help residents of manufactured home communities purchase their land, providing them with long-term stability and control over their living conditions [1][5]. Group 1: Resident Ownership Benefits - Residents like Lorena Vargas faced challenges with annual rent increases and lack of security until their community purchased its lots for $26.5 million [2][3]. - Resident ownership allows for predictability and control over living conditions, protecting communities from sudden changes in rent or management [4]. Group 2: JPMorgan Chase's Support - JPMorgan Chase has collaborated with ROC USA for over a decade, committing more than $5 million in philanthropic funding and $15 million in flexible loans to support resident-owned communities [5][6]. - The bank's involvement aligns with its strategy to enhance housing affordability and economic stability for low- and moderate-income households [5]. Group 3: ROC USA's Impact - Since 2008, ROC USA has assisted over 24,000 homeowners in 22 states to collectively purchase 356 manufactured home communities [7]. - The communities supported include culturally significant areas and large cooperatives, demonstrating the diverse impact of the initiative [7].
X @The Wall Street Journal
Economic Trends - Many older Americans with financial comfort observe their children facing challenges in achieving economic stability [1]
X @The Wall Street Journal
Economic Trends - Many older Americans with financial comfort observe their children facing challenges in achieving economic stability [1]
X @The Economist
The Economist· 2025-10-15 20:50
A balance of economic terror is no basis for stability https://t.co/TeLrI6T3LG ...
Lisa Cook files opposition to Trump admin. request for Supreme Court to allow her firing
CNBC Television· 2025-09-18 20:10
Breaking news out of Washington on Fed Governor Lisa Cook. Megan Cassella joins us with that. Megan.Sarah. That's right. It was just earlier today that the Trump administration filed with the Supreme Court asking the high court to allow the firing of Fed Governor Lisa Cook to move forward.Cook now through her attorneys filing an opposition to that motion saying in full here, this is from her attorney Ab Abby Lel. Full quote here. Granting the president's administrative stay request now would upend the statu ...
How Trump’s repeated calls to fire Fed Powell warns markets and economic stability.
Yahoo Finance· 2025-07-26 14:01
Central Bank Independence & Market Stability - Central bank independence is crucial for global investor confidence [2] - Political interference with the central bank injects chaos into the financial system [2][3] - Political meddling increases market unpredictability and volatility [3] - Protecting the Fed's independence safeguards capital flow and inflation expectations [4] Potential Risks of Political Influence - Threats to the Fed's chair signal a desire for control, not just policy change [2] - The market's faith in long-term stability crumbles if the Fed becomes a political tool [2] - Interest rates risk becoming campaign tools, and inflation targets could be manipulated [2] - Investors must factor in a new kind of risk when political influence over the Fed increases [2] Implications of Eroding Independence - Markets become unpredictable and volatile when politicians meddle with the central bank [3] - Eroding independence poses a giant red flag for anyone with investments [4]