The Federal Reserve announced a rate hike of 25 basis points, its ninth consecutive hike in the last year. Chair Jerome Powell softened his tone on the central bank’s aggressive hiking policy, and the markets interpreted his comments as a hint that the end of the hikes may be approaching. Though temporarily sated by Powell’s comments, markets bristled at tho ... Show More
Yesterday
DOGE ‘Blockers,’ Media’s Mega Merger, & Bigger Billionaires 10/7/26
It’s day two of a new media behemoth under David Ellison’s Skydance umbrella. Founding partner of Puck Matt Belloni details the Paramount-Warner Bros. Discovery merger, and he considers the giant’s headwinds, including cable’s declining profits and ~$80 billion in debt. Michael L ... Show More
41m 46s
Oct 5
An AI Task Force, AI & Your Happiness, Plague in Siberia 10/5/26
Director of National Intelligence Jay Clayton has been picked to serve as AI czar, leading a “Super Intelligence Force” to address growing concerns about AI. Meanwhile, OpenAI CEO Sam Altman is suggesting people “accept some bad things” in exchange for the benefits of AI. Profess ... Show More
37m 2s
Mar 2023
Fed in Focus, TikTok CEO Grilled on the Hill, Hindenburg Shorts Block 3/23/23
<p>David Faber, Sara Eisen and Mike Santoli began with the market action a day after the Federal Reserve announced its 9th straight interest rate hike of 25 basis points. In his press conference, Chair Powell said the recent failure of some regional banks could cause ripple effec ... Show More
42m 40s
Feb 2023
BREAKDOWN: Jerome Powell Finally Believes He Might Actually Get His Soft Landing
The FOMC raised rates by the expected 25 basis points at this week’s meeting.
On today’s episode, NLW breaks down the Federal Open Markets Committee rate hike decision, as well as Fed Chairman Jerome Powell’s comments on inflation, the labor force, the debt ceiling and loosening ... Show More
16m 19s
Feb 2023
Yet more comments from Jerome Powell
<p>A week after delivering a 25 basis point interest rate hike, Federal Reserve Chairman Jerome Powell welcomed disinflation yesterday, but warned that if we see stronger labour reports, or signs that inflation is creeping back in then “it may well be the case that we have to do ... Show More
7m 38s
Aug 2023
More Rate Hikes? Apple of My AI, Billionaire Battle 8/7/23
<p>Carl Quintanilla, Jim Cramer and David Faber started the hour by breaking down the broader markets, with the S&P and Nasdaq both coming off their worst weeks since March. Investors also worked with new Fed commentary, as Governor Michelle Bowman said more rate hikes will likel ... Show More
43m 33s