Well, good morning, Steve. Thank you for joining us on this non jobs day. Jobs day.We get no government primary economic data because of the shutdown right now. So let me start by asking if that continues. As a member of the Open Market Committee, would you feel comfortable voting for a significant cut in interest rates if you don't have data on employment and on inflation.Good morning and thanks for having me. Look, I think it's important to recognize, first of all, that as you're pointing out, access to h ...

GOVERNOR STEPHEN MIRAN HERE AT THE DESK ALONG WITH MICHAEL MCKEE. MICHAEL: GOOD MORNING, STEVE. THANK YOU FOR JOINING US ON THIS NONJOBS DAY JOBS DAY.WE GET NO DATA BECAUSE OF THE SHOWDOWN. IF THAT CONTINUES AS A MEMBER OF THE OPEN MARKET COMMITTEE WOULD YOU FEEL COMFORTABLE VOTING FOR A SIGNIFICANT CUT IN INTEREST RATES IF YOU DON'T HAVE DATA ON EMPLOYMENT AND INFLATION. STEPHEN: GOOD MORNING A THANKS FOR HAVING ME.I THINK IT IS IMPORTANT TO RECOGNIZE THAT AS YOU ARE POINTING OUT ACCESS TO HIGH QUALITY DAT ...

Labour's efforts to pitch plans for the UK's first new towns in half a century as "build, baby, build" oversell the likely effect on housing, argues Matthew Brooker (via @opinion) https://t.co/RcisNdVnmq ...

RT SightBringer (@_The_Prophet__)The script handed down - stay out of trouble, get your degree, climb the ladder - was written for a world that no longer exists.It worked when capital was anchored to production, when wages tracked productivity, and when assets weren’t financialized into instruments of rent extraction. That world is gone.Here’s the real truth:1. Wages decoupled from wealthSince the 1970s, productivity has continued to rise while wages flatlined. The difference didn’t vanish - it was captured ...

Housing Development - A U S commuter town outside New York City is building thousands of new apartments [1] - The town is slicing through red tape to facilitate new housing construction [1] Community Impact - Cities across the U S often face community opposition when building new housing [1]

I want to get this race on your radar early. Main Senate, where Susan Collins, the Republican incumbent, just got a pretty unknown challenger. His name's Graham Platner, and here's why you should be paying attention.>> He has just kind of exploded on the scene. I heard from somebody on a local school board that he was the talk of the meeting last night. A couple of people said they had already donated to him.Veteran, young oyster farmer. There's a huge aquaculture industry booming uh in Maine right now. Har ...

President Donald Trump narrowing his choices to replace Fed Chair Jay Powell to three or four names, saying he'll announce his nominee a little earlier than initially expected. Joining us now is the former economic adviser to President George W Bush, Mark Sumlin. Mark, of course, your name has been in the mix as well over the past week or so.Welcome to the program. Let's just start with the base case, the case for rate reductions. Mark, what do you think the strongest case there is right now.Right. I think ...

Real Estate Development - New York City Council approved rezoning of a 42-block section in Manhattan [1] - Rezoning paves the way for the development of over 9,500 new housing units [1]

Bond Market & Interest Rates - The short end of the market is likely to experience one or two rate cuts before year-end, which could provide some support [1] - High credit card interest rates, around 25%, are a key concern [1] - Housing market is identified as the critical missing piece in the economy [2] - Treasury Secretary's comments on lowering rates may have had some effect [3] - Market participants experience a sense of relief after CPI releases, even if slightly warmer than expected, leading to lower yields for twos and tens maturities [4] Dollar Index & Speculative Trading - The dollar index is sensitive to the administration's pressure for lower rates due to its wider audience of speculative trading [5] - A close below 98 on the dollar index is expected to maintain selling pressure, according to technicians [5] - The dollar index has retraced a significant portion of its bounce from multi-year lows seen in early July [5]

for you mentioned mom Donnie and you are in New York sort of talk speaking in behalf of him to a certain extent you know I wonder though uh often we see this and this is a local election uh New York does not operate in a vacuum it competes with other cities and so this idea of somehow raising taxes on the wealthiest New Yorkers who by the way I would point out pay roughly 15% of their income right now between city and state raising taxes on them will simply drive them away shouldn't the focus of a mayor be ...