Wall Street is reacting to a better-than-expected labor sector reading this morning. The US economy added 254,000 jobs in September, coming in significantly above the 150,000 expected by economists. Meanwhile, the unemployment rate ticked slightly lower to 4.1%, coming in below the 4.2% expected by economists. Citi senior global economist Robert Sockin and Academy Securities … Read more
The capital Committee debate the latest Calls of The Day. Disclaimer: If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. We will gladly remove it without questioning your reason
The International Longshoremen’s Association (ILA) strike has entered its second day, impacting ports along the East and Gulf Coasts and causing significant ripple effects across multiple industries. top executive and president of the American Trucking Associations, Chris Spear, joins to discuss the situation and its impact on the trucking sector. Spear notes that although the … Read more
Amid reports that Qualcomm (QCOM) approached Intel (INTC) about a possible takeover, Futurum Group chief sector strategist Cory Johnson sits down with Josh Lipton and Julie Hyman on sector Domination to take a closer look at what a potential acquisition would mean for the two chip companies. “This would be the biggest deal in the … Read more
Tom Lee, Fundstrat Global Advisors co-founder and head of research, joins CNBC to discuss how the Fed’s rate cut decision may impact markets over the next few months, how to position, and more. Disclaimer: If you own the YouTube channel related to this video and do not want it to be featured here, you can … Read more
The Federal Reserve cut finance charge rates by 0.5% — the first decrease since 2020. NBC’s Vicky Nguyen joins TODAY to discuss what the finance charge rate cut means for your wallet and shares tips for the housing sector, car loans and borrowing card debt. » Subscribe to TODAY: https://www.youtube.com/@TODAY About: TODAY brings you the … Read more
Jeremy Siegel, professor emeritus of financial at University of Pennsylvania’s Wharton School of enterprise and Wisdom Tree chief economist, joins ‘Squawk Box’ to discuss the Fed’s finance charge rate decision, why he was ‘pleasantly surprised’ by the 50 basis point cut, rate path outlook, and more. Disclaimer: If you own the YouTube channel related to … Read more
For the first time in more than four years, the Federal Reserve has cut the target for its benchmark finance charge rate, slashing it by 50 basis points. Morgan Stanley Asset Management Co-Head of Broad Markets Fixed revenue Vishal Khanduja notes that, based on the Fed’s projections, unemployment is now in focus rather than inflation. … Read more
The Federal Reserve manages finance charge rates to influence financial conditions within the United States. But those decisions can also affect the posture of other central banks because many aspects of international financial rely on U.S. dollars. As the world moves away from a global round of economic tightening, central bankers in the U.S. are … Read more
JPMorgan Asset Management chief global strategist David Kelly joins Julie Hyman and Akiko Fujita at the Future Proof Festival to discuss the state of the US economy as the Federal Reserve is expected to make its first finance charge rate cut in four years this week. Kelly calls the current economy “healthy,” explaining, “the unemployment … Read more