General News
Latest news from around the World.
Hassett likely next Fed chair, but most think Trump should nominate someone else: CNBC Fed survey
While markets expect Kevin Hassett to be named the next Federal Reserve chair, he is pointedly not the choice of respondents to the CNBC Fed Survey. The December survey shows 84% believe President Donald Trump will tap Hassett, director of the National Economic Council, to head the central bank.
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KG: "Normal Fashion" Fed Set-Up, Silver Rips & Soybeans Slides
It's business per usual for markets on Fed day, says Kevin Green. He turns to technical analysis to explain how the set-up into Wednesday's interest rate decision mirrors those seen prior.
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Hassett's prospects dip, but he's still the front-runner for Fed chair, with Trump's decision likely to come next month
President Donald Trump on Tuesday evening said his process for picking a successor to Fed Chair Jerome Powell, whose term ends in May, isn't over.
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Federal Reserve Is Expected To Cut Interest Rates Today—Here's What To Watch For
How Powell addresses future interest rate cuts. Goldman Sachs analysts wrote this week they expect Powell to suggest the “bar has risen” for further reductions, and that five Fed officials will likely express caution for additional interest rate cuts.
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US Stocks Mixed Ahead Of Fed Decision; Dow Surges 100 Points
U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 100 points on Wednesday.
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Job openings barely improved in October, hitting 7.7 million
U.S. job openings barely budged in October, coming in at 7.7 million with ongoing uncertainty over the direction of the American economy.
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Trump Fed chair frontrunner Kevin Hassett hints at comprehensive Federal Reserve overhaul
National Economic Council Director Kevin Hassett outlines his Fed reform plans, including staff cuts and stricter policy focus, if selected as the central bank's next chairman.
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Bank of Canada maintains rate at 2.25% as growth, inflation, and jobs improve but uncertainty remains high
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
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Trump says he 'heard' Biden Fed appointments were signed by autopen, tells aide to investigate
President Donald Trump on Tuesday claimed to have “just heard” that all four of former President Joe Biden's appointments to the Federal Reserve were approved by “autopen,” suggesting they are not authorized to serve in those roles. Trump provided no evidence for the claim, which piggybacks on his repeated assertion that all of his predecessor's documents that were signed using an autopen are invalid.
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Gov. Tiff Macklem says uncertainty remains elevated, and data volatility makes it difficult to judge underlying momentum
Gov. Tiff Macklem says uncertainty remains elevated, and data volatility makes it difficult to judge underlying momentum.
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Powell faces tightrope as Fed prepares third consecutive rate cut
The Federal Reserve is expected to cut interest rates for a third straight meeting on Wednesday, but all eyes will be on its signals for 2026, as markets weigh whether the central bank will continue easing or hold steady. The move would lower the federal funds target range to 3.50%–3.75%, down from 4.25%–4.50% in August and well below the cycle peak of 5.25%–5.50% held from mid-2023 to late 2024.
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US stocks open flat as markets remain jittery ahead of Fed decision
US stocks were little changed Wednesday as markets awaited the Federal Reserve's last interest rate decision of 2025. The Dow Jones Industrial Average traded along the flatline, matching the muted moves in the S&P 500, while the Nasdaq Composite dipped 0.2%.
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Beyond rates: What FOMC meeting might reveal about balance sheet and reserve policy
The rate-cut scenario has become the prime focus of the Federal Reserve's FOMC meeting on Wednesday. And, while the markets are already pricing in a quarter-point rate cut, the traders are more interested in the future guidance and the dynamics of policy rates in 2026.
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Fed meeting live December interest rate decision 2026 outlook
Policymakers are grappling with gaps in economic data caused by the recent government shutdown.
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"Jittery" Markets Pricing in Hawkish Rate Cut, VIX Uptick into Announcement
Markets are pricing in a hawkish interest rate cut from the Fed, says Kevin Hincks. He notes a two-point climb in the VIX since the week began as the leading metric signaling that move.
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Small-Cap Stocks May Be Ready to Outperform After Five Years of Lagging
Falling rates, faster earnings growth, and reasonable valuations are improving the case for small-caps.
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2026 Market Outlook: Stick To Quality Plus Value And Lower Your Future Expectations
2026 has a reasonably high likelihood of being a turning point after 3 years of strong gains not fully supported by fundamentals. A JPMorgan dot plot graph shows that when the market P/E reaches 23, there has invariably been a decade of +2% to -2% cumulative returns.
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Fed will have a lot of dissent as labor market remains okay: The Conference Board's Dana Peterson
Dana Peterson, The Conference Board chief economist, joins 'Squawk Box' to discuss the outlook for the economy, concern for Federal Reserve independence and much more.
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Jay Clayton: We are going to target open-air drug markets and bring them to an end
Jay Clayton, former SEC chairman, joins 'Squawk Box' to discuss the state of the affordability issue, how open-air drug markets began and much more.
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Q3 employment cost index rises 0.8%
CNBC's Rick Santelli reports on the latest economic data to cross the tape.
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