Key Points The saga over President Donald Trump’s efforts to reshape the Fed has another twist to it, revolving over whether current Chair Jerome Powell will leave after his term at the helm is finished. Historical precedent has been for outgoing Fed chairs to leave their governor roles as well, but Powell could decide to […]
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Check out the companies making headlines in midday trading: Expand Energy — One of the largest independent natural gas producers saw shares jump more than 4% as natural gas prices soared Tuesday. Prices surged 25% to $3.89 per million British thermal units, on pace for the best day in four years. Heating demand is expected […]
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Key Points Ray Dalio told CNBC he is concerned that countries holding large amounts of U.S. dollars and Treasurys may become less willing to finance U.S. deficits if trust erodes. At the same time, the U.S. continues to issue large volumes of debt, creating a problematic situation if confidence weakens on either side, Dalio said. […]
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