Director of the National Economic Council Kevin Hassett is reportedly the frontrunner to become the chair of the Federal Reserve next year. Anna Moneymaker / Getty Images Close Key Takeaways Kevin Hassett, the reported frontrunner to take over as Federal Reserve chair in May, has a recent track record of advocating for the central bank lowering interest rates.Hassett is the leading candidate to replace Federal Reserve Chair Jerome Powell when his term ends in May, Bloomberg reported this week. President Don ...

Bloomberg reports that Kevin Hasset has emerged as the front runner to be the next Fed Fed chair uh uh to replace J. Pal. Joining me now is Stephanie Roth, Wolf Research chief economist.Stephanie, it's good to see you. You like all of us, you're thinking about 2026. You're trying to figure out what the picture is going to look like here and you guys are looking for kind of trend growth if I'm not mistaken in terms of GDP for 2026.So, how do you think that's going to play out. >> Yeah. Yeah.So, I mean, it sh ...

Core Insights - The Beige Book indicates a decline in employment across various sectors, highlighting a slowdown in job growth and potential economic challenges ahead [1] - Persistent inflation remains a significant concern, with prices continuing to rise despite efforts to stabilize the economy [1] Employment Trends - Employment levels have decreased in several regions, suggesting a broader trend of weakening labor markets [1] - Specific sectors, such as retail and manufacturing, have reported notable job losses, contributing to the overall decline in employment [1] Inflation Dynamics - Inflation rates are reported to be consistently high, with consumer prices increasing at a rate that outpaces wage growth [1] - The ongoing inflationary pressures are affecting consumer spending and business investment decisions, leading to cautious economic outlooks [1]

Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.Sensor Unlimited is an economist by training with a PhD, with a focus on financial economics. She is a quantitative modeler and for the past decade she has been covering the mortgage market, commercial market, and the banking industry. She writes about asset allocation and ETFs, particularly those related to the overall market, bonds, banking and financial secto ...

Key TakeawaysUkraine has recommenced discussions with hedge funds regarding the restructuring of its warrants, a critical step in managing its sovereign debt obligations.UK Chancellor Reeves presented a dual economic outlook, suggesting trade deals could boost growth beyond forecasts while simultaneously freezing income tax thresholds due to persistent productivity challenges.U.S. natural gas futures experienced a notable 3.1% gain after the Energy Information Administration (EIA) reported a larger-than-exp ...

Mortgage rates dropped slightly this week amid new signals that the labor market is weakening and the Federal Reserve will cut interest rates again next month. The average 30-year mortgage rate was 6.23% through Tuesday, according to Freddie Mac data, down from 6.26% a week earlier. The average 15-year mortgage rate was 5.51%, from 5.54%. The 10-year Treasury yield, which mortgage rates closely track, has been falling as odds of a benchmark rate cut in December are on the rise. In recent days, New York F ...

Blackrock's ETF JPMorgan. Photo by BeInCrypto Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee because as JPMorgan reveals Wall Street’s shift from spot ETFs to complex Bitcoin-linked derivatives designed around the halving cycle. What you read here today may be a hint at a new approach to trading BTC, amid a deeper shift in how institutions plan to approach the 2026-2028 halving cycle. Crypto News of the D ...

Argentina controls the world’s second-largest lithium reserves — critical for electric-vehicle batteries and defense systems. China has been expanding its presence through mining operations, space facilities and port access .Most people think this is a story about Milei’s comeback. It’s not. It’s a story about America turning its financial fire hose into a gun. And every time you point a gun at someone, you’d better remember they’re watching and learning.On Oct. 26, Milei’s party won decisively with 41% of ...

Whether from student debt, excess spending or general hardship, many people find themselves facing massive amounts of credit card debt at or beyond midlife. It can catch up quickly and deeply impact your day-to-day life. Imagine the example of Jordan. At 49 she’s received a bonus check from her sales commissions of $22,000 after taxes, but she also carries significant consumer debt — $56,000 combined on her three credit cards to be specific. Must Read Thanks to Jeff Bezos, you can now become a landlord ...

DUBAI, United Arab Emirates, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl”) (Nasdaq: SWVL), a global provider of tech-enabled mass transit and mobility solutions, today announced a major milestone in its collaboration with Bank AlJazira in Saudi Arabia, surpassing 100,000 bookings since the start of 2025. The achievement underscores the shared commitment of both organizations to redefine daily commuting through technology-driven, sustainable, and efficient transport solutions. Since the incep ...