Podcast appearances and mentions of Jay Powell

With only 90 days to go on his term as Fed Chair, Jay Powell once again, in a public speech, told Trump, “hands off” the Federal Reserve's independence! Popok puts on his Wall Street hat to look at the dire Trump Economy numbers for the last 48 hours, with the skyrocketing oil prices, plummeting consumer confidence and US dollar, increasing Trade Deficit, and a Fed Reserve trying desperately to navigate the turbulence and save the Economy from Trump's erratic policies. Mack Weldon: Go to https://mackweldon.com and get 20% off your first order of $125 or more, with promo code LEGALAF. Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

President Donald Trump selects Kevin Warsh as the next Fed chair, leaving investors to wonder which Warsh will show up: the hawk or the dove? Plus, Senator Elizabeth Warren joins us after urging Republicans to not move forward with Warsh's nomination until the DOJ ends its inquiry into Jay Powell. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Donald Trump is taking aim at the most powerful, and most opaque, institution in the global economy: the Federal Reserve. By moving to oust Jay Powell through a criminal investigation, Trump has triggered a battle that cuts to the heart of who really controls money in America, and by extension, the world. Is this an unprecedented act of economic sabotage? A dangerous authoritarian power grab? Or is Trump simply calling the bluff of a self-regarding central banking elite who've been pulling the levers of the economy from their marble citadels for 40 years? In this episode, we go deep on interest rates, the dollar, and the political economy of money, from Nero and Henry VIII to Lenin and Hitler, to explain why powerful leaders have always wanted to control the currency. We explore what “financial repression” really means, why Trump wants rates at 1%, and who wins (and loses) when money is made cheap. What if the central bankers aren't the neutral technocrats they claim to be? What if independence has been more myth than reality, and quantitative easing has already blurred the lines between the Fed and the government? Hosted on Acast. See acast.com/privacy for more information.

On this special MLK Holiday edition of Bloomberg Daybreak, host Nathan Hager discusses: Stocks are coming off three straight years of double digit gains..What will 2026 hold? We hear from Cameron Dawson, the Chief Investment Officer at NewEdge Wealth and Lori Calvasina, head of US equity strategy, RBC Capital Markets Lost in the recent controversy over the investigation into Jay Powell and the Fed...Is monetary policy. Next week the central bank makes its first rate decision of the year. For more, we speak with Bloomberg International Economics and Policy Correspondent Michael McKee and Anna Wong, Chief US Economist for Bloomberg Economics We also look at the current status of Diversity Equity and Inclusion initiatives. For that we speak wit Bloomberg's Equality Reporter Jeff Green and Bloomberg reporter Heather Landy. See omnystudio.com/listener for privacy information.

Vault co-author Brendan Pedersen talks about his insane week covering financial policy news, including Jay Powell and the CCCA. This story was featured in The Readback, our weekend digest featuring the best of Punchbowl News this week. Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices

This is a free preview of a paid episode. To hear more, visit www.serioustrouble.showFed Chair Jerome Powell dropped a bombshell on Sunday: a video disclosing the Fed had been subpoenaed in a criminal investigation related to his congressional testimony about cost overruns in the Fed's headquarters renovation. Powell said bluntly that the investigation is an effort to use the DOJ to assert control over the Fed and its interest-rate setting apparatus. Did this make Ken scream "shut up!!!!" at Powell's video? Meanwhile, Minnesota and some of its municipalities have sued the federal government, arguing that the ICE surge in the state is illegal and unconstitutional. Those discussions are for all listeners. Paying subscribers also get:* A look at intensifying turnover in US Attorneys' offices, including the resignation of top prosecutors who had been leading the investigations into welfare fraud in Minnesota that was concentrated in the state's Somali-American community.* DOJ's argument for why Lindsey Halligan can keep calling herself a US Attorney after a judge ruled she isn't one.* Senator Mark Kelly's many arguments for why Pete Hegseth can't reduce his rank and pension.* Some “shut up” news: prosecutors want to admit several incriminating statements from defendant Thomas Goldstein's pre-trial New York Times profile.* And a look at a bizarre situation where Bruce Fein insists he somehow became Nicolas Maduro's lawyer even though Maduro says he never hired him.Upgrade your subscription now at serioustrouble.show.

More inflation numbers, more jabs by President Donald Trump at Jay Powell, the Federal Reserve chairman. We ask what the Fed is doing, should be doing and is being pressured to do. Six years after the official Brexit divorce, we count the costs and ask what making-up is now possible. And how self-help books reveal the anxieties of their times.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

More inflation numbers, more jabs by President Donald Trump at Jay Powell, the Federal Reserve chairman. We ask what the Fed is doing, should be doing and is being pressured to do. Six years after the official Brexit divorce, we count the costs and ask what making-up is now possible. And how self-help books reveal the anxieties of their times.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

Sen. Thom Tillis (R-NC) joined Bloomberg's Joe Mathieu to discuss Jay Powell and foreign policy.See omnystudio.com/listener for privacy information.

It wasn't the Trump administration's first attack on the Federal Reserve – but it was perhaps the most shocking. The Department of Justice's criminal investigation into Jay Powell – nominally over his testimony about the refurbishment of Fed buildings – has ramped up pressure on the Fed chair, whom Donald Trump has frequently criticised over the central bank's interest rate stance. Will Trump succeed in imposing his will on the Fed, and how might the world's most important financial institution fight back? Is there any hope that the next Fed chair will stand up to Trump? FT US economics editor Claire Jones speaks to the Fed's former vice-chair Don Kohn.Further ReadingHigh-stakes Powell probe carries risks for US justice departmentCentral bank chiefs ‘stand in full solidarity' with Jay Powell Justice department's probe into Jay Powell galvanises Fed leaders to repel Donald Trump's attacks Claire Jones is the FT's US economics editor. You can find her articles here.Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Claire Jones. Produced by Mischa Frankl-Duval. The executive producer was Manuela Saragosa. Original music from Breen Turner, and sound design by Breen Turner and Sam Giovinco. Hosted on Acast. See acast.com/privacy for more information.

UBS chief executive Sergio Ermotti is planning to step down in April 2027, and Paramount threatened a proxy fight in its latest move to force Warner Bros Discovery back to the negotiating table. Plus, the FT's Robert Armstrong explains what could come next in US President Donald Trump's crackdown on the Federal Reserve. Mentioned in this podcast:UBS boss Sergio Ermotti plans to step down in April 2027Paramount threatens proxy fight in battle for Warner Bros DiscoveryWhat is behind the criminal investigation into Jay Powell?Former Fed chiefs attack DoJ probe into Jay PowellFT subscription sale Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino and produced by Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT's Global Head of Audio. The show's theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Division over the federal investigation of the Federal Reserve has rattled the Republican Party. CNBC's Eamon Javers reports from Washington, DC, and former House Speaker Kevin McCarthy discusses the probe and the President's power at home and abroad. Tune into CNBC tonight for “Warren Buffett: A Life and Legacy,” a two-hour special of exclusive, never-before-seen interviews with Warren Buffett about his views on business, philanthropy, and life, and how his philosophies have evolved over the decades. Hosted by CNBC's Becky Quick, the program will also feature interviews with Warren Buffett's three kids – Susie, Howie, and Peter – who reflect on the enormous responsibility their father has entrusted to them – to eventually donate his entire fortune. Eamon Javers - 8:34Kevin McCarthy - 18:10 In this episode: Kevin McCarthy, @SpeakerMcCarthyEamon Javers, @eamonjaversBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Sam Fenwick takes a look as US President Donald Trump brings back tariffs, this time targeting countries that continue trading with Iran, with China among those in focus. New US inflation figures show price rises are easing, but many American shoppers still say their weekly bills feel high. And pressure on the Federal Reserve has spilled into an open row with its chair, Jay Powell, drawing in central bankers from around the world.(PHOTO: People wave flags during a demonstration in support of the national protests in Iran, in Barcelona, Spain January 13, 2026. Credit: REUTERS/ Albert Gea).

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  Are prosecutors really coming after the Federal Reserve Chair—or is this something else entirely? Reports that the Justice Department is investigating Jerome Powell over testimony related to the Fed's building renovation have ignited speculation, outrage, and a very real debate about central bank independence.In this episode, Chris breaks down what's actually happening, why grand jury subpoenas matter, and how this investigation fits into a broader campaign of political pressure on the Fed. With interest rates at the center of a heated midterm-year fight, Powell says the probe is a pretext designed to intimidate the central bank into lowering rates—despite inflation realities saying otherwise.Chris also unpacks the misconceptions about interest rates, why mortgage rates don't move the way people think they do, and why using the legal system as a political weapon sets a dangerous precedent. If this is about accountability, where are the prosecutions everyone was promised elsewhere? And if it's about pressure, what does that mean for the future of independent monetary policy?This isn't just about Jay Powell—it's about whether evidence-based policy survives political intimidation.

It looks like the sharemarket will once again be the place to make money in 2026, especially on Wall Street. But it's not going to be a smooth ride: In the first weeks of the year, the US has unleashed a wave of foreign interventions - and President Trump has subpoenaed Fed Reserve chair Jay Powell - triggering alarm bells on Wall Street. Marc Jocum, investment strategist at GlobalX ETFs joins Associate Editor - Wealth, James Kirby in this episode. In today's show, we cover The outlook for investment markets in 2025 Forecasts for the ASX in the year ahead Key predictions for Wall Street The improved prospects in wider global markets See omnystudio.com/listener for privacy information.

US federal prosecutors opened a criminal investigation into Federal Reserve Chair Jay Powell, and civil unrest continues to threaten the Islamic regime in Iran. Plus, earnings season kicks off this week with the bank results.Mentioned in this podcast:US prosecutors investigate Jay Powell over revamp of Fed headquartersIran warns US against interventionWall Street headed for best investment banking year since pandemicFT subscription saleNote: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Victoria Craig, and produced by Julia Webster and Marc Filippino and Sonja Hutson. Our show was mixed by Alex Higgins. Additional help from Peter Barber. The FT's executive producer is Topher Forhecz. The show's theme music is by Metaphor Music. Source: Federal Reserve, White HouseRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Federal prosecutors are conducting a criminal investigation of Federal Reserve Chair Jerome Powell focused on the Fed's building renovation and Powell's related testimony. CNBC's Eamon Javers reports on the investigation and Jay Powell's statement that the probe is related to President Trump's frustration with the Fed's monetary policy. One of the front runners as Powell's replacement Kevin Hassett, currently director of the National Economic Council, weighs in on the news and discusses the independence of the Federal Reserve. Senator Mark Warner (D-Virginia) shares his perspective on the investigation, immigration enforcement around the country, and President Trump's proposed cap on credit card interest rates.  Eamon Javers - 2:40Kevin Hassett - 26:11Sen. Mark Warner - 37:47 In this episode:Mark Warner, @MarkWarnerEamon Javers, @eamonjaversBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Andrew, Ben, and Tom discuss the DOJ investigation into Jay Powell, Trump's push to cap credit card interest rates, and Eli Lilly's consideration of acquiring Abivax.Join our live YouTube stream Monday through Friday at 8:30 AM EST:http://www.youtube.com/@TheMorningMarketBriefingPlease see disclosures:https://www.narwhal.com/disclosure

Join the Einstein of Wall Street for an in-depth 2025 market wrap-up from the New York Stock Exchange. This episode reviews key events and trends, including the extraordinary 125% rise of the S&P 500 since 2020, significant market moves due to Jay Powell's decisions, and the profound impact of Trump's tariff policies. The market's resilience amidst economic Armageddon, interest rate cuts, government shutdowns, and Bitcoin volatility is discussed. Key highlights include record highs in silver and gold, remarkable earnings seasons, and the controversial role of AI stocks. As we enter 2026, discover insights into what's next for the economy and how to navigate new market dynamics. Tune in for a comprehensive analysis and forecast from Trade Like Einstein Money News Network. Follow Peter on instagram: @einsteinofwallst 00:00 Introduction and Welcome 00:18 2025 Market Wrap-Up 00:41 Historical Market Performance 02:36 Impact of Tariffs and Political Changes 04:50 Market Reactions and Recovery 08:10 Interest Rate Cuts and Government Shutdown 10:44 AI Bubble Controversy 14:25 Conclusion and Outlook for 2026 All investing involves the risk of loss, including loss of principal. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments.

So, Jay Powell just casually strolled to the podium at his press conference last week and announced the Fed now believes the US has been losing jobs at a rate of 20,000 per month. From strong and resilient to solid to, ah, so what we're now shedding jobs by the tens of thousands per month. Do you see it yet? The Treasury curve does, which is why it is moving into its final form in this long un-inversion process, with the big moves taking shape and doing most of the reshaping right in Chair Powell's conference room.   Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------EDU's Webinar SeriesThursday December 17, 6pm ETA Trillion-Dollar Eurodollar Bomb is going Off on Wall StreetThe most important funding system in the world is flashing warning signals, and almost no one is paying attention.https://event.webinarjam.com/channel/risks---------------------------------------------------------------------------------------------------------------------------------------------If you're a serious investor and want to capitalize on what the monetary system is signaling right now, join me at Eurodollar University's very first Live Event, President's Day Weekend February 2026. To get your spot, just go here: https://eurodollar-university.com/event-home-page------------------------------------------------------------NBER Determination of the December 2007 Peak in Economic Activityhttps://www.nber.org/news/business-cycle-dating-committee-announcement-december-1-2008FOMC Press Conference, December 10, 2025https://www.youtube.com/watch?v=Ko-_yb2UkDkTranscripthttps://www.federalreserve.gov/mediacenter/files/FOMCpresconf20251210.pdfBloomberg Fed's Goolsbee Says He Sees More Cuts Than Most Others Next Yearhttps://www.bloomberg.com/news/articles/2025-12-12/fed-s-goolsbee-cites-need-for-more-data-in-dissent-against-cuthttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Stocks extend a two-week win streak as investors look to the Fed decision — and whether Jay Powell can deliver a third straight rate cut despite internal pushback. Plus, futures climb as markets show little concern. And later, Ray Dalio doubles down on where he sees markets heading next. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In today's episode, Kip breaks down the big stories and market moves you need to know about as we kick off a busy week on Wall Street. With the Federal Reserve meeting looming and rate cut speculation swirling, Kip shares insights on what Jay Powell is likely to do, why the bond market is sending mixed signals, and why these moves could signal a bullish setup for investors heading into the end of the year. Plus, you'll get Kip's take on the current trends in semiconductors, bitcoin, and gold miners, as he highlights the stocks and sectors he's watching including why he's still bullish on Tesla and what unique cycle is emerging in the gold mining industry. From contrarian signals on social media sentiment to actionable commentary on leveraged ETFs and precious metals, this episode is packed with practical analysis to help guide your investing decisions. Tune into today's podcast to learn more. 

Investors start December in the red after a strong November rally. With earnings behind us, focus now turns to the Fed. Plus, President Trump says he's chosen his pick to replace Jay Powell as rate-cut odds rise. And later, Black Friday results show consumers still spending this holiday season. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Presented by Pearl River Resort. Visit PearlRiverResort.com today! Learn more about your ad choices. Visit megaphone.fm/adchoices

Presented by Pearl River Resort. Visit PearlRiverResort.com today! Learn more about your ad choices. Visit megaphone.fm/adchoices

SHOW 11-4-25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR 18865 PUBLISHER ROW THE SHOW BEGINS IN THE DOUBTS ABOUT NEW YORK CITY AND LONDON. FIRST HOUR 9-915 Economic Policy and China Trade. Elizabeth Peek discusses the US economy, where Treasury Secretary Bessent asserts that housing is in recession due to high Federal Reserve rates. Peek argues that lower rates are needed to "unstick" the housing market. The Fed, led by Jay Powell, is fixated on inflation, though Peek questions his rationale regarding tariffs and labor demand. The conversation also covers the Trump-Xi meeting, which was anticlimactic, postponing confrontation for a year. Key concessions included China relenting on rare earth exports and American soybean boycotts. 915-930 Economic Policy and China Trade. Elizabeth Peek discusses the US economy, where Treasury Secretary Bessent asser 930-945 The Far Right in Europe and German Rearmament. Judy Dempsey examines the rise of Europe's far right, noting that while they succeed in complaining, they often struggle to govern, exe. 945-1000 The Far Right in Europe and German Rearmament. Judy Dempsey examines the rise of Europe's far right, noting that while they succeed in complaining, they often struggle to govern, exemplified by t. SECOND HOUR 1245-100 AM Nigeria, Venezuela Intervention, and China Power Struggles. Gregory Copley discusses Trump's order for military action in Nigeria, noting the violence is complex and not strictly genocide against Christians, contrasting it with US refusal to provide past aid. Discussion shifts to the overwhelming US military buildup near Venezuela, which might force Maduro's departure by damaging his credibility, possibly via anti-narcotics action. The interview concludes by analyzing the anticlimactic Trump-Xi meeting, attributing the lack of confrontation to Xi Jinping's significantly weakened position due to China's shattered economy and internal power struggles. SHOW 11-4-25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR THE SHOW BEGINS IN THE DOUBTS ABOUT NEW YORK CITY AND LONDON. FIRST HOUR 9-915 Economic Policy and China Trade. Elizabeth Peek discusses the US economy, where Treasury Secretary Bessent asserts that housing is in recession due to high Federal Reserve rates. Peek argues that lower rates are needed to "unstick" the housing market. The Fed, led by Jay Powell, is fixated on inflation, though Peek questions his rationale regarding tariffs and labor demand. The conversation also covers the Trump-Xi meeting, which was anticlimactic, postponing confrontation for a year. Key concessions included China relenting on rare earth exports and American soybean boycotts. 915-930 Economic Policy and China Trade. Elizabeth Peek discusses the US economy, where Treasury . 930-945 The Far Right in Europe and German Rearmament. Judy Dempsey examines the rise of Europe's far right, noting that while they succeed in complaining, they often struggle to govern, exemplified by the AfD's lack of concrete policies. Hungary's Viktor Orbán, though long-ruling, now faces popular pressure. Dempsey highlights Italy's Giorgia Meloni as an exception who has successfully governed by clearly communicating her reform agenda. She confirms that Russia supports destabilizing far-right movements across Europe, particularly hoping for an AfD win. Additionally, Germany's Chancellor Merz is committed to redeveloping the military and infrastructure for NATO defense. 945-1000 The Far Right in Europe and German Rearmament. Judy Dempsey examines the rise of Europe's far right, noting that while they succeed in complaining, they often struggle to govern, exemplified by the AfD's lack of concrete policies. Hungary's Viktor Orbán, though long-ruling, now faces popular pressure. Dempsey highlights Italy's Giorgia Meloni as an exception who has successfully governed by clearly communicating her reform agenda. She confirms that Russia supports destabilizing far-right movements across Europe, particularly hoping for an AfD win. Additionally, Germany's Chancellor Merz is committed to redeveloping the military and infrastructure for NATO defense. SECOND HOUR 10-1015 Venezuela Pressure Campaign and Asian Diplomacy. Mary Kissel analyzes the massive US military buildup near Venezuela, staged from Roosevelt Roads, noting that the Trump administration prioritizes removing Maduro due to national security threats. She emphasizes that the State Department possesses numerous non-military levers, like sanctions and international pressure through the OAS, to induce Maduro's exit without direct intervention. Kissel also characterizes President Trump's diplomatic engagement at ASEAN and APEC as very successful, securing vital commitments on rare earth mining and processing to counter Chinese economic threats in the Pacific. 1015-1030 Venezuela Pressure Campaign and Asian Diplomacy. Mary Kissel analyzes the massive US military buildup near Venezuela, staged from Roosevelt Roads, noting that the Trump administration prioritizes removing Maduro due to national security threats. She emphasizes that the State Department possesses numerous non-military levers, like sanctions and international pressure through the OAS, to induce Maduro's exit without direct intervention. Kissel also characterizes President Trump's diplomatic engagement at ASEAN and APEC as very successful, securing vital commitments on rare earth mining and processing to counter Chinese economic threats in the Pacific. 1030-1045 Hamas Leverage, Gaza Ruin, and Hezbollah Rearmament. Jonathan Schanzer explains that Hamas is stalling hostage releases to maintain leverage, banking on Israel's lack of "strategic patience" for indefinite occupation. He explores the idea of a "Tale of Two Gazas," where Israel controls 53% and Hamas 47%, warning that reconstruction aid is improbable if Hamas remains in power. He highlights growing dangers, including the rearming of Hezbollah by Iran and unexpectedly Turkey, forcing Israel to reconsider the northern front. He adds that the Israeli military is actively engaged in "constant gardening" to address armed gangs in the West Bank. 1045-1100 Hamas Leverage, Gaza Ruin, and Hezbollah Rearmament. Jonathan Schanzer explains that Hamas is stalling hostage releases to maintain leverage, banking on Israel's lack of "strategic patience" for indefinite occupation. He explores the idea of a "Tale of Two Gazas," where Israel controls 53% and Hamas 47%, warning that reconstruction aid is improbable if Hamas remains in power. He highlights growing dangers, including the rearming of Hezbollah by Iran and unexpectedly Turkey, forcing Israel to reconsider the northern front. He adds that the Israeli military is actively engaged in "constant gardening" to address armed gangs in the West Bank. THIRD HOUR 1100-1115 The Rise of Extremist Politics in the US and UK. Joseph Sternberg analyzes the rise of extreme political figures like New York mayoral candidate Zohran Mamdani, warning conservatives that opponents' political mistak 1115-1130 The Rise of Extremist Politics in the US and UK. Joseph Sternberg analyzes the rise of extreme political figures like New York mayoral candidate Zohran Mamdani, warning conservatives that opponents' political mistakes do not guarantee their success, citing the UK's Jeremy Corbyn as a parallel. He notes that frustrated voters seek "sledgehammers" on both the left and right. In the UK, he details how Chancellor Rachel Reeves and the Labour government are suffering plummeting approval due to economic mismanagement, forcing tax hikes and breaking promises, benefiting Nigel Farage's Reform UK party. 1130-1145 Nuclear Testing, Venezuela Buildup, and Gaza Occupation. Colonel Jeff McCausland criticizes Secretary Hegseth's suggestion that resuming nuclear testing would make nuclear war "less likely," noting that the US deterrent is already credible and testing would destabilize adversaries. He highlights the excessive US military buildup near Venezuela, questioning the post-intervention mission, referencing the "Pottery Barn theory." Regarding Gaza, he suggests the potential creation of "two Gazas" leads to an indefinite, burdensome Israeli occupation and creates a breeding ground for future insurgency. 1145-1200 Nuclear Testing, Venezuela Buildup, and Gaza Occupation. Colonel Jeff McCausland criticizes Secretary Hegseth's suggestion that resuming nuclear testing would make nuclear war "less likely," noting that the US deterrent is already credible and testing would destabilize adversaries. He highlights the excessive US military buildup near Venezuela, questioning the post-intervention mission, referencing the "Pottery Barn theory." Regarding Gaza, he suggests the potential creation of "two Gazas" leads to an indefinite, burdensome Israeli occupation and creates a breeding ground for future insurgency. FOURTH HOUR 12-1215 Nigeria, Venezuela Intervention, and China Power Struggles. Gregory Copley discusses Trump's order for military action in Nige. 1215-1230 Nigeria, Venezuela Intervention, and China Power Struggles. Gregory Copley discusses Trump's order for military  1230-1245 Nigeria, Venezuela Intervention, and China Power Struggles. Gregory Copley discusses Trump's order for military action in Nigeria, noting the violence is complex and not strictly genocide against Christians, contrasting it with US refusal to provide past aid. Discussion shifts to the overwhelming US military buildup near Venezuela, which might force Maduro's departure by damaging his credibility, possibly via anti-narcotics action. The interview concludes by analyzing the anticlimactic Trump-Xi meeting, attributing the lack of confrontation to Xi Jinping's significantly weakened position due to China's shattered economy and internal power struggles. 1245-100 AM Nigeria, Venezuela Intervention, and China Power Struggles. Gregory Copley d

Economic Policy and China Trade. Elizabeth Peek discusses the US economy, where Treasury Secretary Bessent asserts that housing is in recession due to high Federal Reserve rates. Peek argues that lower rates are needed to "unstick" the housing market. The Fed, led by Jay Powell, is fixated on inflation, though Peek questions his rationale regarding tariffs and labor demand. The conversation also covers the Trump-Xi meeting, which was anticlimactic, postponing confrontation for a year. Key concessions included China relenting on rare earth exports and American soybean boycotts. GRAND CENTRAL 1890

Economic Policy and China Trade. Elizabeth Peek discusses the US economy, where Treasury Secretary Bessent asserts that housing is in recession due to high Federal Reserve rates. Peek argues that lower rates are needed to "unstick" the housing market. The Fed, led by Jay Powell, is fixated on inflation, though Peek questions his rationale regarding tariffs and labor demand. The conversation also covers the Trump-Xi meeting, which was anticlimactic, postponing confrontation for a year. Key concessions included China relenting on rare earth exports and American soybean boycotts. FIVE POINTS

Our CIO and Chief U.S. Equity Strategist Mike Wilson looks at buying opportunities approaching year-end, as U.S. trade policy and the Fed find middle ground. Read more insights from Morgan Stanley.----- Transcript ----- Mike Wilson: Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing recent macro events and third quarter earnings results.It's Monday, November 3rd at 11:30am in New York. So, let's get after it.Last week marked the passage of two key macro events: the meeting on trade between Presidents Trump and Xi and the October Fed meeting. On the trade front, the U.S. agreed to cut tariffs on China by 10 percent and delay newly proposed tech export controls for a year. In exchange, China agreed to pause its proposed export controls on rare earths, and resume soybean purchases while cracking down on fentanyl. This is a major positive relative to how developments could have gone following the sharp escalation a few weeks ago, and markets have responded accordingly.With respect to the Fed meeting, Powell suggested policy is not on a preset course which took the bond market probability of a December rate cut down from 92 percent before the meeting to 68 percent currently. It also led to some modest consolidation in equity prices while breadth remained very weak. In my view, the market is saying that if growth holds up but the Fed only cuts rates modestly, leadership is likely to remain narrow and up the quality curve.Over the next 6 to 12 months, we think moderate weakness in lagging labor data, and a stronger than expected earnings backdrop ultimately sets the stage for a broadening in market leadership. However, we are also respectful of the signals the markets are sending in the near term. This means it's still too early to press the small cap/low quality/deep cyclical rotation trade until the Fed shows a clear willingness to get ahead of the curve. Perhaps just as important for markets was the Fed's decision to end Quantitative Tightening, or QT, in December.Recently, Jay Powell has acknowledged the potential for rising stress in the funding markets and indicated the Fed could end QT sooner rather than later. Over the past month, expectations for the timing of this QT termination ranged from immediately to as late as February. Powell seemed to split the difference at last week's meeting and this could be viewed as disappointing to some market participants.In order to monitor this development, I will be watching how short-term funding markets behave. Specifically, overnight repo usage has been on the rise and if that continues along with the widening spreads between the Secured Overnight Financing Rate and fed funds, I believe equity markets are likely to trade poorly, especially in some of the more speculative areas. In short, we think higher quality areas of the market are likely to continue to outperform until this dynamic is settled.Meanwhile, earnings season is in full swing and the real standout has been the upside in revenue surprises, which is currently more than double the historical run-rate. We think this could provide further support that our rolling recovery thesis is under way which leads to much better earnings growth than most are expecting.Bottom line, we are gaining more confidence in our core view that a new bull market began in April with the end of the rolling recession and the beginning of a new cycle. This means higher and broader earnings growth in 2026 and a potentially different leadership in the equity market. The full broadening out to lower quality, smaller capitalization stocks is being held back by a Fed that continues to fight inflation; perhaps not realizing how much the private economy and average consumer needs lower rates for this rolling recovery to fully blossom. Last week's Fed meeting could be disappointing in that regard in the short run for equity markets. As a result, stay up the quality curve until we get more clarity on the timing of a more dovish path by the Fed and look for stress in funding markets as a possible buying opportunity into year end.Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Treasuries extended losses after Federal Reserve Chair Jerome Powell said a December interest-rate cut was not set in stone, even after delivering a widely expected quarter-point reduction to prop up the labor market. The central bank reduced its benchmark lending rate to 3.75%-4% in its second straight cut — though two officials dissented. “A further reduction in the policy rate at the December meeting is not a foregone conclusion, far from it,” Powell said in the opening comments of his press conference. In their post-meeting statement, Fed policymakers on Wednesday repeated their assessment that “job gains have slowed” and said “risks to employment rose in recent months.”See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Treasuries extended losses after Federal Reserve Chair Jerome Powell said a December interest-rate cut was not set in stone, even after delivering a widely expected quarter-point reduction to prop up the labor market. The central bank reduced its benchmark lending rate to 3.75%-4% in its second straight cut — though two officials dissented. “A further reduction in the policy rate at the December meeting is not a foregone conclusion, far from it,” Powell said in the opening comments of his press conference. In their post-meeting statement, Fed policymakers on Wednesday repeated their assessment that “job gains have slowed” and said “risks to employment rose in recent months.”See omnystudio.com/listener for privacy information.

In today's episode, Kip dives straight into the market action following a pivotal day for investors a fresh rate cut from the Fed and a press conference from Chairman Jay Powell that sent Wall Street into a tailspin. Kip breaks down why Powell's comments weren't as significant as the headlines suggest, emphasizing that the recent volatility is mostly a shakeout in an overheated market, with emotions running high and bullish sentiment everywhere. We also get a rapid fire review of earnings from tech giants Meta, Microsoft, and Google, with Kip giving his insight into why Meta and Microsoft shares dipped despite solid results and what Google's historic revenue quarter means for investors. Plus, Kip shares his take on the ongoing government shutdown, its unexpected market boost, and eye-opening revelations about federal benefits distribution. Tune into today's podcast to learn more. 

Jim Bianco, president of Bianco Research, returns to The Julia La Roche Show for episode 297 for an in-studio appearance. Bianco argues the Fed is making a policy error by cutting rates when financial markets are at all-time highs across the board—stocks, gold, bonds, M2, and home prices. He explains that job creation has slowed from 158,000 to 29,000 per month not because the economy is weak, but because immigration has essentially stopped, reducing population growth to an 80-year low—meaning 29,000 jobs may actually be appropriate. Bianco warns that cutting rates in this environment risks recreating inflation through two key channels: tariffs (average rates up 6x to 17-18%) and remote work (giving labor more power to demand higher wages). He sees dangerous concentration in AI stocks (41 companies representing 47% of S&P 500 market cap) reminiscent of late-1990s bubble dynamics, with aggressive retail buying and passive flows creating mispricing that could end badly when the "buy the dip" mentality finally breaks.This episode is sponsored by Monetary Metals. Visit monetary-metals.com/juliaLinks: BiancoResearch.com BiancoAdvisors.com x.com/biancoresearch 0:00 Welcome Jim Bianco - first in-person episode0:27 Big picture macro view1:18 Jobs market slowdown - 158K to 29K jobs/month2:18 Immigration and population growth collapse3:04 How many jobs should we be creating?4:34 Is the Fed making a policy error by cutting?6:35 Risk of recreating inflation with rate cuts7:28 Tariffs update - average rate up 6x to 17-18%9:00 Remote work as inflation driver10:32 Labor power shift and wage pressure13:00 Where will new workers come from?15:00 What would you ask Jay Powell at FOMC?17:05 What problem does cutting rates actually fix?18:15 Market behavior - everything going up19:08 The 60/40 portfolio debate20:00 Passive bid and perpetual motion machine21:25 Retail buying the dip aggressively23:02 AI concentration - 41 companies = 47% of market cap25:00 Data center overbuilding risk25:59 Opening your statements - everything looks great27:28 Top 10% making 50% of all income29:21 Inflation destroys cultures and economies30:00 Would you trade higher unemployment for lower inflation?33:17 Inflating our way out of debt problem34:19 Jay Powell's "do your patriotic duty" speeches in 202236:23 Story of interviewing for Fed Governor position39:11 Judy Shelton coming up one vote short41:28 Who will be next Fed Chair?42:51 Why Kevin Hassett is the leading choice45:30 Where to find Jim's work and the WTBN ETF

Today's guest is Tobias Carlisle, founder of Acquirers Funds and serves as portfolio manager of the firm's deep value strategy. He's just released a book called Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking. In today's episode, Toby starts by discussing the current valuation landscape and the challenge for small cap investors. Then he explores the intersection of Warren Buffett's investment philosophy with Sun Tzu's teachings. He walks through notable investment case studies, including General Re, Burlington Northern and Japanese trading houses. The case studies all convey the significance of patience, strategic thinking, and the pursuit of asymmetric opportunities in investing, while also addressing the psychological aspects that influence investor behavior. (0:34) Introduction of Tobias Carlisle (1:32) Value investing in current market conditions (4:04) Market outlook and valuation differences across cap-sizes (10:03) Jay Powell's recent comments (13:57) Toby's new book (19:54) The Gen Re investment (26:33) Buffett's investment in Japan and Apple (32:57) Buffett's investment principles and managing FOMO (42:30) Comparing low volatility and high beta stocks ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices

PREVIEW. Guest Name: Elizabeth Peek Summary: Elizabeth Peek critiques the Federal Reserve's lack of independence and Jay Powell's delayed interest rate cuts, which have adversely affected the housing market and small businesses. 1917 FED BOARD

This week, Bob takes on the hot-button debate over Federal Reserve “independence” in light of Trump's moves against Fed Governor Lisa Cook. He explains why the Fed has never truly been independent, drawing on the Treasury-Fed Accord of 1951 and the institution's long history of serving political power. Recalling Elizabeth Warren's attacks on Jay Powell to insider trading scandals among Fed officials, Bob exposes the hypocrisy of politicians and media figures who cry about independence only when it suits them. He also highlights how the Fed's structure—unanimous FOMC votes, backroom bailouts, and secrecy over bank rescues—makes it clear the central bank is not a neutral force, but a political engine of inflation and business cycles.A Comprehensive Case for Ending the Fed: Mises.org/HAP516aShould Economists Champion Fed “Independence”?: Mises.org/HAP516bThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

#MARKETS:   LIZ PEEK THE HILL. FOX NEWS AND FOX BUSINESS: Elizabeth Peek: Elizabeth Peek examines the persistent tension between the White House and the Federal Reserve, observing that Chairman Jay Powell's actions are often perceived as politically motivated. She attributes high inflation during the Biden years to belated rate hikes and points to a "bound up housing market" due to past low mortgage rates and current high rates, making housing unaffordable. Peek highlights the underestimated, rapid impact of AI, noting its widespread adoption (700 million weekly ChatGPT users) indicates genuine, impactful companies rather than a bubble. She also supports Trump's proposal for addressing homelessness via dedicated facilities. 1808 BANK OF ENGLAND

CONTINUED #MARKETS:   LIZ PEEK THE HILL. FOX NEWS AND FOX BUSINESS Elizabeth Peek: Elizabeth Peek examines the persistent tension between the White House and the Federal Reserve, observing that Chairman Jay Powell's actions are often perceived as politically motivated. She attributes high inflation during the Biden years to belated rate hikes and points to a "bound up housing market" due to past low mortgage rates and current high rates, making housing unaffordable. Peek highlights the underestimated, rapid impact of AI, noting its widespread adoption (700 million weekly ChatGPT users) indicates genuine, impactful companies rather than a bubble. She also supports Trump's proposal for addressing homelessness via dedicated facilities. 1772 LONDON AT WESTMINSTER BRIDGE

Two-year Treasury yields set a new almost-year low, falling below their prior April chaos lows. The yield curve is undergoing a profound reshaping that explains a lot more than Jay Powell's Jackson Hole performance. It also perfectly indicates what long-run interest rates are also doing as well as likely to do moving forward.Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider---------------------------------------------------------------------------------------------------------------------Bloomberg Goldman Sachs Says US Yield-Curve Shape Looks Like Zero-Rate Erahttps://www.bloomberg.com/news/articles/2025-08-06/goldman-sachs-says-us-yield-curve-shape-looks-like-zero-rate-erahttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Presented by EyeCare Professionals, Luva Wine Room, and Heartland Catfish - Jay Powell shares his thoughts on Brian O'Connor, and how a few State pitchers performed in the Cape Cod League.

Consumer fears over jobs increased yet again in August, as did expectations for a recession. Relatedly, two separate sources confirmed housing prices in the US fell yet again in their latest monthly estimates. Related because the one is causing the other; fears over jobs that aren't strictly fears are reducing demand for homes and a whole lot more. Deep down, even Jay Powell knows it.Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider---------------------------------------------------------------------------------------------------------------------Jay Powell's August 2025 Jackson Hole speechhttps://www.federalreserve.gov/newsevents/speech/files/powell20250822.pdfConference Board August 2025 consumer confidence https://www.conference-board.org/topics/consumer-confidence/Bloomberg Weak US Housing Outlook Sends Australia's Reece Tumblinghttps://www.bloomberg.com/news/newsletters/2025-08-25/reece-tumbes-lithium-optimism-us-stocks-australia-briefinghttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Jay Powell signalled a monetary policy shift during a high-profile Jackson Hole speech last week, and European investors are pouring money into new air defence technology. Plus, Spanish bank Santander is seeking to become a big player in Wall Street's Spac market. Mentioned in this podcast:Jay Powell paves the way for Federal Reserve interest rate cut in SeptemberWall Street's September Fed rate cut bets still hinge on economic dataVenture capital steps up ‘Iron Dome' air defence investmentsSantander signals Wall St ambition with Spac mandatesToday's FT News Briefing was produced by Josh Gabert-Doyon, Ethan Plotkin, and Sonja Hutson. Additional help from Alex Higgins, Peter Barber. The FT's acting co-head of audio is Topher Forhecz. The show's theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

There were several key points from Jay Powell's speech at Jackson Hole which everyone seems to have missed. The market picked up on them, however, with SOFR futures reacting by pushing its inversion deeper and further out, now early 2027. What Chair Powell meant under everything he said was he finally gets the big Beveridge risk.  Eurodollar University's conversation w/Steve Van Metre------------------------------------------------------------------------------------I'm excited to share something I've negotiated for you guys: you can now get a Glint Card for FREE (normally $10) just by registering with my code ‘SNIDER' or filling out the form on the page I've linked below.All the details and more about Glint are at https://partner.glintpay.com/eurodollar/. Don't miss out!------------------------------------------------------------------------------------Chair Powell's Jackson Hole Speechhttps://www.federalreserve.gov/newsevents/speech/files/powell20250822.pdfhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDUThis video was sponsored by Glint. Graphic representations of value are for illustrative purposes only. The Glint Debit card is issued by Sutton Bank, Member FDIC. The sale, purchase and storage of precious metals are offered by Glint, and not Sutton Bank. Your investment in precious metals through Glint is:-Not insured by the FDIC.-Not a deposit or other obligation of, or guaranteed by, Sutton Bank.-Subject to investment risks, including the possible risk of loss of the principal amount invested.All investments involve risk, including possible loss of principal. The value of precious metals is affected by many economic factors, including but not limited to the current market price, demand, perceived scarcity, and quality of the precious metal.  Precious metals can increase or decrease in value. Past performance is not a guarantee of future results. As such, investing in precious metals may not be suitable for everyone.Glint Pay Inc. is a U.S. based authorized Card Program Manager, not a bank. Banking services are provided by our partner Sutton Bank, Member FDIC. Glint Pay Inc. employs effective Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and fraud prevention systems and controls to mitigate and combat risks.Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Brinker International, which owns casual dining chain Chili's, just beat 50-year sales and revenue records. In this fickle economic moment, how'd they do it? The answer involves viral fried mozzarella and the power of young consumers. Also in this episode: Jay Powell hints at rate cuts, AI data centers increase electricity costs for everyone, and automakers swear updated tech, not tariffs, drove up prices.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Brinker International, which owns casual dining chain Chili's, just beat 50-year sales and revenue records. In this fickle economic moment, how'd they do it? The answer involves viral fried mozzarella and the power of young consumers. Also in this episode: Jay Powell hints at rate cuts, AI data centers increase electricity costs for everyone, and automakers swear updated tech, not tariffs, drove up prices.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Jay Powell vs. Ronald McDonald? The FOMC yesterday published the minutes of its July meeting which showed a majority of officials believe inflation is the country's greatest threat. So, it was a huge shock when the world's biggest fast-food joint reported - ON THE SAME DAY - it was doing the opposite. Even the FOMC "majority" isn't as solid as it is made to appear, as the minutes also contained one observation that really does align with these real economy facts. Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here here: monetary-metals.com/snider----------------------------------------------------------------------------------------------------------FOMC Minutes for July 2025https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20250730.pdfFox Business McDonald's to slash combo meal prices to win back budget-conscious shoppershttps://www.foxbusiness.com/lifestyle/mcdonalds-slash-combo-meal-prices-win-back-budget-conscious-shoppersCNN McDonald's is cutting prices of its combo meals to convince customers it's affordable againhttps://www.cnn.com/2025/08/20/food/mcdonalds-combo-lower-pricesBloomberg Fed Chair Contender Bullard Backs 100 Basis Points of 2025 Cutshttps://www.bloomberg.com/news/articles/2025-08-21/fed-chair-contender-bullard-backs-100-basis-points-of-2025-cutsBloomberg US Stocks Extend Slide as Walmart Misses, Jobless Claims Risehttps://www.bloomberg.com/news/articles/2025-08-21/us-equity-futures-fall-as-walmart-misses-jobless-claims-risehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

US tech stocks sold off on Tuesday, and Federal Reserve chair Jay Powell will be between a rock and a hard place when he delivers his speech at the Jackson Hole Economic Policy Symposium this Friday. Plus, Ozempic-maker Novo Nordisk has fallen behind its rivals. Does it have a plan to catch up? Mentioned in this podcast:Jay Powell to deliver Jackson Hole address under fire on multiple frontsUS tech stocks hit by wave of concerns over future of AI boomHow Novo Nordisk lost its lead in the weight loss raceLabubu frenzy sends Pop Mart profits soaringToday's FT News Briefing was produced by Fiona Symon, Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kelly Garry, Michael Lello, David da Silva and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. The show's theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Trump knows that the Supreme Court, based on a May decision,  won't support him out and out firing “without cause” —like fraud or a crime—the Federal Reserve Chair and the nation's central banker Jay Powell. Michael Popok calls out Trump's efforts to use the F word (fraud) against Powell as he walks around with a firing letter in his back pocket, and why it will backfire with the electorate..and the US economy. Qualia: Head to https://qualialife.com/LEGALAF and use promo code: LEGALAF at checkout for 15% off your purchase! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: Zohran Mamdani won the Democratic primary in the race for New York City mayor.  Felix Salmon, Emily Peck and Elizabeth Spiers discuss the alarmist reactions from business leaders to the Mamdani's win and why he's hardly the threat to capitalism they make him out to be. Then, Trump has turned his sights on Jay Powell once again, threatening to prematurely name his successor for Fed Chair. The hosts break down why this “shadow chair” tactic is unlikely to work. And finally, mega-billionaire Jeff Bezos is finally marrying his beloved Lauren Sanchez in an over-the-top, star-studded wedding in Venice. Whatever happened to stealth wealth and quiet luxury? In the Slate Plus episode: The MAGA Blue Collar Obsession  Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Note: A version of this episode first ran in 2023.Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress has the power to limit how much debt the U.S. takes on. Once we reach that limit, Congress has a few options so that the government keeps paying its bills: Raise the debt limit, suspend it, or eliminate it entirely. Which is daunting, because if lawmakers don't figure something out in time, the ramifications for the global economy could be huge. Shai Akabas, of the Bipartisan Policy Center, has become something of the go-to expert in calculating the exact date America would hit the wall and not be able to pay all its debts. This day is so terrifying it has a special name, the X-Date. Today's episode is about how Akabas and Jay Powell — long before he became chair of the Federal Reserve — worked to create a system to determine the X-Date with the hope of helping us all never reach it.We also have an update on this year's looming X-Date, which could arrive as soon as this summer. Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy