White House National Economic Council Director Kevin Hassett has emerged as the leading candidate to become the next Federal Reserve Chair, according to a report published Tuesday.
In this video, Ira Epstein discusses recent economic data and its implications for potential interest rate cuts, noting the market's reaction to speculation that Kevin Hassett might be the next Federal Reserve chair.
Gold attracts fresh buyers following the previous day's two-way price move and climbs back closer to the $4,150 level during the Asian session on Wednesday.
Live cattle futures closed with 20 cent losses in the nearbys and other nearby contracts higher. There have been some light cash trade picked up in the north this week at $208-210, with dressed trade at $330. Tuesday’s Fed cattle online exchange saw...
For years, wine culture carried a certain elitism, an expectation that real quality only existed in bottles with complex labels and even more complex price tags. But that assumption has been quietly fading. Across Canada, wine drinkers are reshaping their understanding of value, embracing a mindset where luxury has less to do with cost and more to do with experience, craftsmanship and accessibility. Curated collections like 25 great red wines under $30 reflect a broader shift: Canadians are becoming more strategic, more informed and far more intentional about how they approach wine.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up by +0.91%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +1.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.58%. December E-mini S&P futures (ESZ25 ) rose +0....
Innovative Warehouse Solutions (IWS), a leading New York-based eCommerce fulfillment company, has officially signed a partnership deal with Amazon Shipping , Amazon’s small parcel delivery network.
Banks use their capital and expertise to help businesses grow while offering consumers essential financial products like mortgages and credit cards. But worries about an economic slowdown and potential credit deterioration have kept sentiment in check,
and over the past six months, the banking industry’s 9.4% return has trailed the S&P 500 by 3.7 percentage points.
Banks use their capital and expertise to help businesses grow while offering consumers essential financial products like mortgages and credit cards. Still, investors are uneasy as banks face challenges from credit quality concerns and potential regulatory changes.
These doubts have certainly contributed to banking stocks’ recent underperformance - over the past six months, the industry’s 9.5% gain has fallen behind the S&P 500’s 13.1% rise.
The United States economy is at a critical juncture, with recent economic data painting a picture of persistent, albeit stalling, inflation coupled with noticeably weak consumer spending. This delicate balance is exerting immense pressure on the Federal Reserve, significantly influencing its monetary policy decisions and amplifying market expectations for imminent
The Federal Reserve Board's October 2025 Discount Rate Meeting Minutes, released just weeks before the end of the year, have sent clear signals of a central bank navigating a complex economic landscape. The minutes reveal a unanimous decision to lower the primary credit rate and a second consecutive cut to
Speculation is mounting that the Federal Reserve could deliver a significant interest rate cut as early as December 2025, sending ripples of anticipation and uncertainty across global financial markets. As of November 25, 2025, the probability of a 25-basis-point reduction has surged, with market indicators like the CME FedWatch Tool
As of November 25, 2025, former Council of Economic Advisers (CEA) Chairman Kevin Hassett has reportedly emerged as a leading candidate for the highly influential position of Federal Reserve Chair. This development signals a potential paradigm shift in the nation's monetary policy, with Hassett's perceived dovish leanings and close alignment
The Federal Reserve finds itself at a critical juncture, wrestling with profound internal divisions over the trajectory of interest rates as the highly anticipated December 2025 Federal Open Market Committee (FOMC) meeting looms. With just weeks to go until the December 9-10 gathering, policymakers are grappling with conflicting economic signals,
As the calendar turns towards late 2025, a narrative suggesting the conclusion of a significant "war cycle" from 2021-2025 has been circulating in some circles. This notion posits a potential shift towards global de-escalation and increased geopolitical stability. However, a closer examination of the prevailing expert consensus reveals a more
In the intricate dance of global financial markets, few relationships are as consistently observed and impactful as the inverse correlation between the US Dollar Index (USDX) and the prices of precious metals like gold and silver. As the world navigates evolving economic landscapes, a weakening US dollar typically acts as
As the calendar turns to late November 2025, the United States economy finds itself at a critical juncture, marked by persistent signs of stalling inflation and increasingly weak consumer spending. This confluence of economic headwinds is not only reshaping the immediate outlook for financial markets but is also signaling a
The financial markets are abuzz with heightened speculation surrounding a potential Federal Reserve interest rate cut in December 2025. This surge in dovish sentiment is primarily fueled by recent signals from influential Fed officials and a slew of economic data pointing to stalling inflation and a notable weakening in consumer
The dollar index (DXY00 ) on Tuesday fell by -0.44%. The dollar is sliding after today’s weaker-than-expected US economic news on Sep retail sales, Sep core PPI, and weekly ADP employment bolstered the chances for a Fed rate cut at next month’s FOMC...
As millions of Americans prepare to hit the roads for the Thanksgiving holiday in 2025, a significant and welcome trend has emerged: national and regional gasoline prices are hovering at levels not seen in nearly four years. This substantial drop in fuel costs offers a tangible financial reprieve for holiday
