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Trump's Fed Chair Pick May Come In The Next Week Or So: Bessent
President Trump has made it clear that he intends to replace Federal Reserve Chair Jerome Powell.
Tether CEO Aims To Allocate Up To 15% Of Its Portfolio To Gold
Tether plans to allocate 10%–15% of its investment portfolio to physical gold.
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Larry Summers Opposes Full Student-Loan Forgiveness
About 45 million people owe approximately $1.7 trillion in student loan debt, or an average of about $38,000 per borrower.
Inflation Reduction Act ‘Will Have No Measurable Impact on Inflation,’ Economists Say
Pres. Biden recently signed Inflation Reduction Act (IRA) into law with goal of taming inflation and addressing climate, tax, and health care issues.
Julian Robertson, Founder of Tiger Management, Dies at 90
Julian H. Robertson founder of Tiger Management LLC and mentor for generation of hedge fund managers known as “Tiger Cubs,” has died at the age of 90.
Powell Is Not About to Go All Volcker on Rates at Jackson Hole, Goldman’s Hatzius Says
I do think he will be saying there's a risk of over-tightening. It makes sense to go a little bit more slowly than the outsized increases.