According to Bloomberg, U.S. Treasury Secretary Scott Bessent said the Federal Reserve should consider a 50-basis-point rate cut at its Sept. 16–17 meeting, citing revised data showing weaker job growth in May and June than previously reported, and voiced hope that President Donald Trump’s Fed board nominee, Stephen Miran, will be confirmed before then. https://t.co/PKZNBDl0VL ...

🇺🇸 NEW: Bessent said the Federal Reserve should consider a 50 basis point interest rate cut in September. https://t.co/CZ8q4yAwVl ...

RT Bloomberg Opinion (@opinion)@JonathanJLevin “At the end of the day, the labor market is weakening,” says @KRooneyVera.“But we’re not at the point where the Fed has to rush a huge cut. They’ll probably go with 25 [basis points] in September.”https://t.co/2Xeig7Su8A ...

A weak July jobs report could prompt the Federal Reserve to make its first interest rate cut of the year, as more officials raise concerns about a weakening economy. https://t.co/4faVNumUhC ...

JUST IN: 🇺🇸 Federal Housing Director Pulte says he is "optimistic Jerome Powell will do the right thing…as early as next week."The Fed will decide on a potential interest rate cut at next week's FOMC meeting. https://t.co/BnhvV38KNi ...

Our next guest says politicizing the Fed puts the F FOMC in a no-win situation for his insight on the Trump pal relationship. Let's bring in Roger Ferguson, former Fed vice chairman as well as a CNBC contributor. Uh Roger, one of the things that and it's good to see you. One of the things we've talked about is that the more you exert pressure on the Fed and J Pal uh to do something you want, it puts them in a position where it's less likely might make it make it less likely that they would do it even if you ...

RT Bloomberg Opinion (@opinion)@JonathanJLevin Do these numbers take a July interest rate cut off the table?Tune in for live Jobs Day analysis 🎥https://t.co/YQY6XVjGCR ...

Turning back to the markets now where the S&P really close to its all-time high once again. My next guest says he was surprised how quickly the market has rebounded since the tariff announcement and warns it doesn't make sense to be back here. Joining us is Vahhan Janjigian, the chief investment officer at Greenidge Wealth Management.Vahan, welcome to you. What doesn't add up for you here. Hi, Kelly.Um, so in my opinion, the market has bounced back largely because President Trump has backed off on the tarif ...

If we cut our interest by one point for years, we save 300 billion. If we cut it by two points, we save because it's pretty equivalent. We're going to save we're going to spend 600 billion a year. 600 billion because of one numpkull that sits here. I don't see enough reason to cut the rates now. And the the problem he's got is that and I explained to him, look, if inflation went up, cut your rates now. There's no inflation. We got it down. We got prices down. We got gasoline down. And you you'll keep it goi ...

Core Viewpoint - Tesla's stock is experiencing a rebound after a significant sell-off, driven by broader market trends and easing tensions involving CEO Elon Musk [1][2][5]. Group 1: Stock Performance - Tesla's share price increased by 5.6% as of 3 p.m. ET on Friday, following a 14.3% decline on Thursday [1][4]. - The S&P 500 index rose by 1.1%, and the Nasdaq Composite index increased by 1.3% during the same period [1]. Group 2: Market Influences - The recovery in Tesla's stock is attributed to positive employment data that alleviates inflation concerns, contributing to a bullish market sentiment [2][6]. - The U.S. economy added 139,000 non-farm jobs in May, surpassing the expected 125,000, although previous months' job additions were revised downward [6][7]. Group 3: CEO Dynamics - Tensions between Elon Musk and President Trump had intensified, leading to negative investor sentiment; however, indications suggest that this conflict may be de-escalating, which has positively impacted Tesla's stock [4][5]. - Musk's previous support for Trump was seen as a potential avenue for growth, and the recent feud had caused investor concerns [5]. Group 4: Future Catalysts - Macroeconomic factors, including the potential for an interest rate cut by the Federal Reserve, are expected to influence Tesla's stock performance this year, alongside the rollout of its robotaxi service and vehicle sales [7][8].