New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together

Key Points

Federal Reserve Governor Stephen Miran dissented from the Fed’s decision to lower its key interest rate by a quarter percentage point on Wednesday.
Miran, the Trump appointee that the Senate confirmed to the Fed Board of Governors just a day before the two-day policy meeting kicked off, preferred a half-point cut.
The governor was the sole dissenter against the Fed’s decision.

Source

Finance

Why Trump is going after institutional homebuyers: They dominate markets like Atlanta, Jacksonville

January 8, 2026

Key Points Institutional investors only own roughly 2% of the nation’s single-family rental housing stock, but their presence is far more concentrated in parts of the Southeast. Large investors control about a quarter of Atlanta’s single-family rental market, more than a fifth of Jacksonville’s and sizable shares in Charlotte and Tampa. Source

Finance

Stocks making the biggest moves premarket: Lockheed Martin, Northrop Grumman, Gap, Alcoa & more

January 8, 2026

Check out the companies making the biggest moves in premarket trading: Defense stocks — Defense stocks jumped after President Donald Trump called for a defense budget of $1.5 trillion in 2027, saying in a Truth Social post he wanted to build a “Dream Military.” Lockheed Martin and L3Harris Technologies rallied 8%, while Northrop Grumman soared […]

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 […]