General News
Latest news from around the World.
Hassett on Powell Staying at Fed, Inflation and Oil Spike
National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what he sees as a temporary oil shock. Speaking on "Bloomberg Surveillance," Hassett also weighs in on Fed Chair Jerome Powell's plans to stay on at the central bank once his term as chairman ends.
...keep reeding on youtube.com
U.S. jobless claims sink to a 57-year low. Jobs aren't easy to find — or lose.
The number of people who applied for unemployment benefits in late April sank to a 57-year low, underscoring the remarkably low level of layoffs in the U.S. economy amid heavy turbulence.
...keep reeding on marketwatch.com
After Q1 Tech Earnings, AI Is Boom Or Bust For Markets And Society Too
AI is now central to over 28% of the S&P 500's market cap, making its success or failure a systemic market driver. Recent mixed earnings from AI leaders like AMZN, MSFT, GOOG, and META have fueled volatility but do not signal an imminent AI bubble burst.
...keep reeding on seekingalpha.com
Inflation Data Deep-Dive, Understanding Fed's Plan with Powell Sticking Around
Reporting from the Cboe, Kevin Hincks dives into a busy slate of economic data including the latest PCE and GDP prints. "None of it really scared the market too much," he adds.
...keep reeding on youtube.com
Powell STUNS Washington, DEFIES exit by staying on Fed
Sen. Tim Scott, R-S.C., joins ‘Mornings with Maria' to discuss Kevin Warsh's Fed nomination, credit President Donald Trump for economic gains, outline GOP midterm strategy, and weigh in on crypto, border funding and retirement access.
...keep reeding on youtube.com
Office CRE: A Fragile Equilibrium In A Weakening Market
The U.S. office real estate market faces persistent vacancy rates near 20.2%, with only modest signs of stabilization. Asking rents remain stable, but net absorption turned negative in Q1 2026, reflecting tenant weakness amid economic headwinds.
...keep reeding on seekingalpha.com
Atlas Merchant Capital CEO: There are growing risks around inflation and U.S. debt
Robert Diamond, Atlas Merchant Capital Founding Partner and CEO, says rate cuts are unlikely, warns on inflation and debt risks, and highlights growth in 24 7 trading and commodities markets.
...keep reeding on youtube.com
‘Big Short' investor Steve Eisman: I don't have a problem with the market right now
Steve Eisman, ‘The Real Eisman Playbook' podcast host and former Neuberger senior portfolio manager, joins 'Squawk Box' to discuss the state of the economy, latest market trends, state of private credit, and more.
...keep reeding on youtube.com
Elevated Energy and Inflation: What's Next for the Fed
Kenny Polcari joins Diane King Hall at the NYSE to provide his market analysis as investors gauge positioning amidst elevated crude oil prices. He says the inflation data will also be elevated, as it goes hand and hand with energy costs pressuring consumers.
...keep reeding on youtube.com
U.S. economy rebounded in first quarter, driven by sizzling-hot business investment
The U.S. economy rebounded to a solid 2% annual growth rate in the first quarter after a tepid 0.5% growth rate in the prior quarter, as the artificial-intelligence spending boom appears to be gathering steam.
...keep reeding on marketwatch.com
Iran War Lifts Fed's Targeted Inflation Metric
Higher energy prices ratcheted up the Federal Reserve's preferred measure of inflation in March, illustrating why plans for further rate cuts have grown divisive at the central bank.
...keep reeding on wsj.com
Mag 7 Earnings Boost Futures
A day after 4 Mag 7 companies reported their quarterly numbers, futures are moving higher despite threats of escalation in Iran and higher oil prices. Kevin Green examines the reports of Alphabet (GOOGL), which is rallying after strong Gemini growth, and Meta Platforms (META), which is the worst performing of the Mag 7 after announcing higher Capex spending.
...keep reeding on youtube.com
Former NEC Director Gary Cohn: Rising oil prices will have an impact on U.S. consumption power
Gary Cohn, IBM vice chairman and former Trump NEC director, joins 'Squawk Box' to discuss the state of AI capex spending, state of the economy, impact of Iran war on oil prices, news of White House opposing Anthropic's plan to expand access to Mythos model, the Fed's interest rate outlook, and more.
...keep reeding on youtube.com
The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold
Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S.
...keep reeding on wsj.com
Key Inflation Meter Jumped Again During Iran War—As Consumer Prices Remain High
The Federal Reserve's favored inflation reading rose once again in March, according to federal data published Thursday, providing the latest insight into how the war in Iran disrupted consumer prices for Americans.
...keep reeding on forbes.com
U.S. Jobless Claims Fell Last Week
U.S. jobless claims fell more than expected last week as layoffs remained contained despite cooling job growth.
...keep reeding on wsj.com
Fed's favored inflation gauge remained elevated in March
The latest PCE inflation data was released by the Commerce Department which showed that inflation rose and remained elevated in March due in part to the Iran war's impact.
...keep reeding on foxbusiness.com
Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter
Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter
...keep reeding on cnbc.com
Why Macro Investing Is Passé After The FOMC Statement
The Fed delivered as expected yesterday, leaving rates unchanged. However, the FOMC statement did highlight growing uncertainty for the economy, and by extension, the markets.
...keep reeding on seekingalpha.com
Inflation rate leaps to nearly 3-year high due to Iran war. Now the Fed's hands are tied.
A key measure of inflation used by the Federal Reserve to set interest rates posted the biggest increase in March in almost three years, marking another major hurdle for a resilient but harried U.S. economy.
...keep reeding on marketwatch.com