President Donald Trump expressed a preference for retaining National Economic Council Director Kevin Hassett as his chief economic advisor, a declaration that may alter the competitive landscape regarding the successor to Jerome Powell as chair of the Federal Reserve. During an appearance in the White House, Trump remarked, “I see Kevin’s in the audience, and Read More
Nasdaq futures indicated a significant decline, while the price of gold, often regarded as a safe haven, reached a record high on Monday following the announcement of a criminal investigation by the Justice Department into Federal Reserve Chair Jerome Powell. Last night, Powell indicated that the U.S. Department of Justice had issued grand jury subpoenas Read More
On Thursday, the Nasdaq concluded the trading session in negative territory, primarily driven by a downturn in technology stocks. This shift occurred as investors processed a series of earnings reports from major technology firms and considered the implications of Federal Reserve Chairman Jerome Powell’s hawkish remarks made the day prior. All three major indexes concluded Read More
