With the turkish leader. Much of the focus quite appropriately for the Business Network what the chairman of the Federal Reserve is saying right now. You know had three rate cuts this year. The third one just last month. He seems to be indicating he will keep his powder dry, holding fire for a moment. He acknowledges trade headwinds, other issues could slow things down. He is always ready to pounce if need be. He is certainly not indicating anytime soon. Get the read percent from our own Edward Lawrence. He has been monitoring all of this. Edward . Reporter neil, the testimony will go on for another 30 minutes or so when the Federal Reserve chairman has to leave here. Federal reserve chairman Jerome Powell told senators and Congress People does not see a rate cut for december unless check data would come in better than expected. He said the Federal Reserve would act going forward. He painted a glowing picture of the economy. He said the Consumer Spending. Wages are rising. Job market h
Here at this hour, by the way. We also have both covered with a live report from iraq and our pros weigh in on just what the fed may do this week. Also, a very special and exclusive interview after the bell, traveler ceo jay fishman in a rare oneonone. He is widely viewed as one of the most respected and effective ceos in the corporate world. Fishman will weigh in on the state of his business, the overall economy and much, much more. You dont want to miss it. All right, we cant wait. In the markets right now, take a look at the dow. It is down about nine points. The situation in iraq is certainly weighing heavily on the minds of investors today. The fed meeting, which is looming, which begins tomorrow, is as well. The nasdaq holding on to a gain of just under four points. And the s p 500, we can call that flat on the day. Joining our Closing Bell Exchange right now is rob stein of Astor Investment management, joe tanias, kim forrest of fort pitt capital group. Wow, i got that right, fi
Foreign Affairs Provides up to the minute Raw News, reportage, current affairs, Open Source Intelligence, OSI, Information, Analysis, and Essays, all published with immediacy at the time of relevancy
Generative AI is changing how we interact with technology, create content, and run our businesses at a rate not seen since the early days of the internet.