Jerome Powell
Warsh’s take on Fed independence is met with confusion and some concern
Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Tuesday, April 21, 2026. Graeme Sloan | Bloomberg | Getty Images Most people don’t know and don’t have much reason to care what a currency […]
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CNBC Daily Open: As Gulf fatigue sets in, earnings take center stage
A Cargo boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The weekend brought plenty of headlines out of the Middle East — a […]
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Pirro appears to drop plans to appeal criminal investigation of Fed Chair Powell
Jeanine Pirro is sworn in as the new interim U.S. Attorney for the District of Columbia during a ceremony hosted by U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 28, 2025. Leah Millis | Reuters U.S. Attorney for the District of Columbia Jeanine Pirro on Sunday appeared to abandon a […]
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Recent inflation data was ‘bad news,’ Fed’s Goolsbee says
Austan Goolsbee, President and CEO, Federal Reserve Bank of Chicago speaks at The Capital Hilton during the 42nd annual National Association for Business Economics Economic Policy Conference on February 24, 2026 in Washington, DC. Luke Johnson | Getty Images Inflation data last week was “bad news” for the U.S. Federal Reserve and means the Fed […]
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Global week ahead: Is ‘Sell in May’ just a myth?
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American (AMEX) in New York City, U.S., April 17, 2026. Brendan McDermid | Reuters Conventional wisdom can be a stubborn force. As the trading month of May gets into full swing this week, should investors continue to follow the old adage of […]
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Why Kevin Warsh’s arrival at the Fed may catch fixed-income investors off guard
ETF Edge Why Kevin Warsh’s arrival at the Fed may catch fixed-income investors off guard Published Sat, May 2 202610:23 AM EDT Krysta Escobar Source
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Private credit turns to financial alchemy as an antidote to ‘peak anxiety’
Ghosts of the 2008 financial crisis are haunting Wall Street as private equity firms are pooling and repackaging troubled corporate debt in a bid to raise liquidity. Redemptions from private credit funds have been spiking on fears of potentially bad loans in application software and other sectors, driven by the ascent of artificial intelligence and […]
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Pirro keeps pressure on Fed’s Powell despite dropping probe
Jeanine Pirro, US attorney for the District of Columbia, speaks during a news conference at the Department of Justice (DOJ) in Washington, DC, US, on Friday, Feb. 6, 2026. Aaron Schwartz | Bloomberg | Getty Images U.S. Attorney for the District of Columbia Jeanine Pirro may have suspended her criminal investigation into outgoing Federal Reserve […]
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CNBC Daily Open: May Day dawns
A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market. Arne Dedert | Picture Alliance | Getty Images Hello, this is Katie Foley, writing to you from London. That eerie […]
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Big Tech earnings, Powell’s decision, Pershing Square IPO and more in Morning Squawk
1. The tech TLDR The Meta corporate logo is featured at the Fira Gran Via booth, highlighting the company’s ”AI-First” hardware ecosystem during the Mobile World Congress. Joan Cros | Nurphoto | Getty Images Four of the Magnificent Seven tech companies released their highly-watched earnings reports last night, largely beating expectations across the board. Still, […]
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