Facade of the Marriner S Eccles building of the United States Federal Reserve, on a bright and sunny day in Washington, DC, United States, July 24, 2017. (Photo by Smith Collection/Gado/Getty Images) Getty Images Markets are information. They’re constantly pricing the known and unknown, with “markets” a perfectly apt descriptor since no one agrees about…
Topline The U.S. job market was weaker than originally reported over the previous year, according to a preliminary report released Tuesday by the Bureau of Labor Statistics, which previously drew the ire of President Donald Trump after downward revisions to jobs data. President Donald Trump criticized job reports featuring downward revisions in recent months. Copyright…
President Trump looks on in November of 2017 at his announcement of Jerome Pwowell to be the Chairman of the Federal Reserve. This year, he has been pressuring Powell to cut interest rates, belittled him and threatened to fire him. (Photo by Drew Angerer) Getty Images Federal Reserve Chairman Jerome Powell signaled Friday that the…
(Original Caption) Washington, DC. President Richard Nixon makes victory speech at a rally shortly after being elected to serve a second term by a landslide in the November 7th Presidential election. Bettmann Archive Economic literacy amongst politicians has never been high but it lately seems to be taking a big hit from populists on both…
Topline The list of candidates to succeed Fed Chair Jerome Powell has been cut down to four after Treasury Secretary Scott Bessent dropped out of consideration, President Donald Trump said Tuesday amid his growing feud with Powell over the agency’s decision to hold interest rates. Jerome Powell’s term expires in 2026, despite pressure from Trump…