Yardeni Says Curve Inversion Shows Bonds, Stocks Have Bottomed
Inversion of US Treasury yield curve flashing long-term interest rates have peaked, stocks bottomed out, and Fed tightening approaching limit.
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Powell to Set Stage for Slowing Fed Rate Hikes Amid Hawkish Tone
Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates increases next month.
Fed’s George Says Higher US Savings May Also Mean Higher Rates Needed
KC Fed President Ester George said ample US savings will help to buffer households but could mean higher interest rates are needed to cool spending.
FTX Latest: US Lawmakers Call for Accountability in Fallout
Two Democratic senators want former CEO Sam Bankman-Fried and other FTX executives to be held accountable.
US Senators Urge Fidelity to Drop BTC Retirement Plan After FTX Collapse
US Senators asked Fidelity Investments to rethink decision to grant retirement plan participants exposure to Bitcoin in aftermath of FTX implosion.
Fed Can Downshift From 75 Basis-Point Rate Hikes, Mester Says
Two Fed officials reinforced expectations central bank will slow pace of interest-rate increases next month, even as they stressed need to tighten.
Tax the Rich: Biden to End Trump's Tax Cuts for The Wealthy
House Dems have proposed legislation that could end Trump tax cuts for wealthy and corps. If passed could implement biggest tax increases in decades.
