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
Aug 21
Debating a California Wealth Tax & Adding AI to Therapy 8/21/26
Proposition 40, a proposed wealth tax in California, has sparked heated debate among investors, tech founders, and billionaires. Venture capitalist Ben Narasin argues that the tax and the solutions put forward by politicians including Rep. Ro Khanna (D-CA) would harm the business ... Show More
35m 36s
Aug 20
U.S. Debt, Data Centers in the Midterms, & Coinbase CEO 8/20/26
The morning after crypto and tech leaders met President Trump at the White House, attendee and Coinbase CEO Brian Armstrong discusses the Clarity Act vote in September. Armstrong is optimistic that crypto will begin a new bull run in the fall. AI data center construction has beco ... Show More
37 m
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