Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut

Key Points

Federal Reserve Governor Lisa Cook, in her first policy speech since President Donald Trump tried to remove her from office, said Monday that she supported the recent interest rate cut.
She noted that December is a “live meeting,” with the rate decision dependent on how risks break down between stubborn inflation and a softening labor market.

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Finance

Smaller companies are rising quickly to challenge Big Tech as AI ‘s best trade

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ETF Edge Smaller companies are rising quickly to challenge Big Tech as AI ‘s best trade Published Sat, Jan 17 202610:28 AM EST Krysta Escobar WATCH LIVE Source

Finance

Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks

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Key Points Kevin Hassett told Fox Business that U.S. banks could voluntarily provide credit cards to underserved Americans. President Donald Trump called for banks to cap credit card interest rates at 10%, an idea that has been roundly rejected by industry executives and their lobbyists this week. At least one major credit card issuer and […]

Finance

Stocks making the biggest moves midday: Novo Nordisk, Vistra, GE Vernova, Regions Financial and more

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Check out some of the companies making headlines in midday trading: Novo Nordisk — The maker of the Wegovy obesity treatment jumped more than 4% as sales of its oral weight loss treatment got off to a strong start. In the first week of its launch, about 1.3% of Wegovy prescriptions were for the oral […]