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Powell Can Decide Own Future, NEC's Hassett Says

2 days 20 hours ago
National Economic Council Director Kevin Hassett says it's unusual that Jerome Powell is still a member of the Federal Reserve Board of Governors after being replaced as chairman. When asked if Powell should leave, Hassett says it's up to him. (Source: Bloomberg)

Stocks Rebound as Bond Yields Fall from Multi-Decade Highs

2 days 20 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up by +0.19% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.31%. December E-mini S&P futures (ESZ26 ) rose +0.20%, and December E-mini...
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Stocks Rebound as Bond Yields Fall from Multi-Decade Highs

2 days 20 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up by +0.19% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.31%. December E-mini S&P futures (ESZ26 ) rose +0.20%, and December E-mini...
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NEC's Kevin Hassett on Sept. Jobs and Paying Down US Debt

2 days 20 hours ago
National Economic Council Director Kevin Hassett says higher long-term rates can reflect underlying economic strength. Speaking to Mike McKee and Dani Burger on Bloomberg Open Interest, Hassett calls the government’s debt-interest burden unacceptably high but says the administration is serious about deficit reduction. (Source: Bloomberg)