For years, Jerome Powell tried not to fight Donald Trump in public. Then the subpoenas arrived. And one Sunday night in January, the Federal Reserve chair released a surprise video message to the American people.No dramatic set, just Powell alone against a blue backdrop, accusing the White House of trying to intimidate the central bank. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public rather than followin ...

🚨 BIG: U.S. credit card debt has climbed to record highs as more Americans rely on borrowing to keep up with rising living costs and elevated interest rates. https://t.co/MnJiaYG0Ik ...

One of the more interesting signals in the data right now is that the yield curve continues to flatten despite a significant increase in oil prices on a trailing three-month basis. Historically, in a more traditional economic cycle, an energy shock that is being monetized by the Federal Reserve would steepen the curve, not flatten it. The Fed is not monetizing this energy shock.In our view, the bond market may be beginning to discount something much more powerful: the deflationary impact of artificial intel ...

Did you basically walk away from that thinking, okay. Employment is off our worry list for right now. Yeah, for the month.I mean, it felt like a pretty stable month. The unemployment rate is still holding kind of stable, decently positive on the on the payroll employment growth given the context of of where we've been. So, you know, you never want to make too much of one month.But but it wasn't a worry point for sure. Well a couple months in a row now, we've had decent job creation at an unemployment rate t ...

And we saw U.S. jobs jumping 115,000 in April. It beats estimates, marking the first back to back gain in nearly a year. Joining us now, I'm pleased to say, is the white House director of Economic National Economic Council, Kevin Hassett.Director Hassett, thank you so much for joining. A strong jobs number a beat. Let me just get your initial reaction right.Well you know two months in a row now we've had blockbuster jobs numbers. And the really interesting thing is that we look at these things that you guys ...

>> THE COUNTDOWN IS ON. EVERYTHING YOU NEED TO GET THE EDGE AT THE END OF THE MARKET DAY. THIS IS "THE CLOSE." ROMAINE: TWO VIEWERS AND AUDIENCES WORLDWIDE, WELCOME TO A SPECIAL EDITION OF "THE CLOSE." KATIE: WE COME TO YOU FROM DOWNTOWN LOS ANGELES, AT THE HEADQUARTERS OF DEADLINE CAPITAL, THE 00 BILLION ASSET MANAGEMENT COMPANY FOUNDED BY JEFFREY BELMONT.ROMAINE: WE ARE ACTUALLY GOING TO DO SOMETHING WE RARELY GET A CHANCE TO DO. WE ARE GOING TO SIT DOWN WITH KEY MEMBERS OF THE SAME INVESTMENT TEAM ON THE ...

Welcome back to a special edition of The Close live from Double Line's headquarters in Los Angeles. We're gonna talk mortgages. We're gonna talk the housing market with the average rate for a thirty year fixed mortgage creeping back up, now around 6.37% in the most recent week.Now it's an elevation in borrowing costs that's been going on for a while, and it has The US housing market in a bit of a standoff. But is it possible potentially that that paralysis is also creating one of the stronger credit backdro ...

We talk about this idea of what could be a major structural shift in the way that we view developed economies, emerging economies, and, of course, how you invest around that is this E. M. story that a lot of people have talking about.Is that a short term cyclical story or a longer term structural trend. Oh, I think we're in the midst of a sea change in global markets. Uh, for the past 2 to 3 decades, uh, we have seen the safe haven status of developed markets as, uh, a tenant across, uh, fixed income market ...

The conflict in the Middle East has added uncertainty to the outlook for interest rates, Federal Reserve Bank of Minneapolis President Neel Kashkari said https://t.co/5dVjhvDC66 ...

It does seem like there's so much optimism stars are aligned, especially with Trump saying, you know what, the war is ending or, you know, we're done with this. We've had him say that about 49 times since the war started. Some say even like five times in the last nine weeks.Why should we care and do we care. Not really, because I think that, yes, we care if oil prices were to really go parabolic. But I think that the big story and that's very clear even from the opening remarks from your team, is that this ...