Tag: Kevin Hassett
Wall Street Climbs as CME Trading Resumes After Major Outage
U.S. stock markets opened higher on Friday after an outage on CME Group’s trading platforms halted futures activity for several hours.
By 09:32 ET (14:32...
Gold Extends Winning Streak as Rate-Cut Hopes Fuel Rally
Spot gold prices moved higher on Friday and were set to record a fourth consecutive month of gains in November. The rise reflects growing...
Bitcoin Rebounds Above $91K as Fed Rate-Cut Hopes Surge
Bitcoin moved higher on Thursday, climbing back above the $90,000 level as stronger expectations of a U.S. Federal Reserve rate cut boosted investor demand....
Gold Pulls Back After Explosive Rally on Rate-Cut Hopes
Gold prices slipped slightly in Asian trading on Thursday, easing after a strong run earlier in the week. The market remained supported by growing...
Trump Likely to Reveal Fed Nominee by Christmas, Says Bessent
U.S. Treasury Secretary Scott Bessent said on Tuesday that he expected to complete a second round of interviews for the next Federal Reserve chair...
Trump Says He Has Chosen a Successor for Fed Chair Jerome...
U.S. President Donald Trump has revealed that he believes he has identified his preferred candidate to replace Federal Reserve Chair Jerome Powell when Powell’s...
Intel deal may lead to more U.S. government ownership in chip...
The U.S. government could consider taking equity stakes in more American semiconductor companies and may even expand this strategy into other industries, White House...
