A U.S. recession would be ‘good news’ for markets, strategist says

Key Points

The Fed has consistently reiterated its motivation to fight inflation, but minutes from the very last FOMC assembly confirmed officials had been divided in excess of where by to go on interest prices.
“If the economic climate avoids [recession] and keeps on its frothy route, then I consider we’re going to have some difficulties in the marketplace in the next component of the calendar year,” Yoshikami instructed CNBC on Friday.

Source

Finance

Stocks making the biggest moves midday: UnitedHealth, Applied Materials, Sandisk and more

August 15, 2025

Check out some of the companies making the biggest moves midday: UnitedHealth — The health insurer rallied 14% after Warren Buffett’s Berkshire Hathaway revealed a stake of five million shares, worth about $1.6 billion. The “Big Short” investor Michael Burry and Appaloosa Management’s David Tepper also disclosed sizable stakes in the company. If the UNH […]

Finance

Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move

August 15, 2025

Key Points Chicago Fed President Austan Goolsbee said a mixed bag of inflation data coupled with lingering uncertainty over tariffs have given him some hesitation about lowering interest rates. “We’ve got to get some clarity from the numbers,” Goolsbee, an FOMC voter this year, said during a CNBC interview. Source

Finance

Who will Trump pick for Fed chair? Hear from all the candidates in their own words

August 15, 2025

Key Points President Donald Trump’s short list to replace Jerome Powell as Federal Reserve chair has turned into a long list of nearly a dozen possible candidates. In CNBC interviews that stretch back days, weeks and even months, the candidates have talked in depth about where they think the Fed should go. Source