Minneapolis Fed’s Kashkari indicates interest rates don’t need to be cut much more

Key Points

Minneapolis Fed President Neel Kashkari told CNBC on Monday that he thinks the central bank is close to the point where it should stop lowering interest rates.
“My guess is we’re pretty close to neutral right now,” Kashkari said.
Calibrating neutral is critical for Fed policymakers as they decide whether to continue the streak of three consecutive rate cuts implemented in the latter part of 2026.

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Finance

JPMorgan reaches deal to become Apple credit card issuer, source says

January 7, 2026

In this article JPM GS Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase has reached a deal to become the new Apple […]

Finance

JPMorgan’s asset management will no longer use controversial proxy advisors for shareholder votes

January 7, 2026

Key Points JPMorgan said its asset management unit is fully eliminating the use of proxy advisors. The firm will instead use artificial intelligence to aggregate and analyze proxy data. Source

Ryan Cohen could be in for a big payday, but he has to grow meme darling GameStop to 0 billion

Finance

Ryan Cohen could be in for a big payday, but he has to grow meme darling GameStop to $100 billion

January 7, 2026

GameStop Chairman Ryan Cohen. CNBC GameStop has laid out a a massive, all-or-nothing equity incentive for Chairman and CEO Ryan Cohen that will only pay out if the video game retailer’s stock and profits soar to levels far beyond anything it has achieved to date. The board of GameStop granted Cohen performance-based stock options tied […]