GAYLE KING: Trumpets on this Wednesday, as we welcome you to CBS MORNINGS. NATE BURLESON: And I`m Nate Burleson. GAYLE KING: President Trump defends his record on the economy.
INN Insider News
The U.S. dollar–Canadian dollar pair has entered a narrow consolidation corridor around the 1.3800 level during the Asian session on Thursday, 11 December 2025. The currency remains close to its lowest point since 22 October, underscoring the growing policy divergence between the Bank of Canada (BoC) and the Federal Reserve (Fed).
Mike Johnson has lost control of the House of Representatives. Since reopening the chamber in November after a 53-day sojourn, he has seen continued Republican retirements and resignations in advance of an expected loss of power in next year’s midterms. Voting days have often devolved into recriminations involving individual members. Consensus to avoid a major…
BNP Paribas grew its stake in shares of The Progressive Corporation (NYSE:PGR – Free Report) by 697.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,536 shares of the insurance provider’s stock after acquiring an additional 12,713 shares during the period. BNP Paribas’ holdings…
WASHINGTON — U.S. House Speaker Mike Johnson committed Wednesday to hold a vote next week on a package of bills that he said would lower health insurance premiums for hundreds of millions of Americans, not just those enrolled in Affordable Care Act plans.
Several Louisiana senators and health care advocates are aghast at Gov. Jeff Landry administration’s decision to abruptly cancel a massive contract providing health insurance to hundreds of thousands of Medicaid recipients.
Getting your money to work for you in 2025 means knowing where to look. The world of investment companies is pretty big, and honestly, it can feel a little overwhelming trying to figure out who’s who and what they do. We’re talking about everything from the big banks that handle massive deals to the firms…
TLDR Federal Reserve cut interest rates by 25 basis points to 3.5%-3.75% range on December 10, 2025 Two Fed members voted against the cut, while one member voted for a larger 50 basis point reduction Fed Chair Jerome Powell cited upside inflation risks and downside employment risks as key concerns Only 24% of traders expect […] The post Federal Reserve Cuts Rates by 25 Basis…
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous.
TLDR XRP fell 3.14% to $2.0412 on December 10 after the Federal Reserve cut interest rates but signaled fewer rate cuts in 2026 than previously expected. XRP-spot ETF inflows dropped sharply to $8.73 million on December 9, down from $38.04 million the previous day, with Franklin’s XRPZ ETF reporting zero inflows for the first time. […] The post Why is XRP Down Today? appeared…
TLDR Bitcoin fell below $90,000 on Thursday after Oracle’s weak outlook raised concerns about AI profitability The Federal Reserve cut rates by 25 basis points on Wednesday but signaled caution about future cuts Bitcoin spiked to $94,400 after Powell’s comments on labor market weakness before retreating to $92,000 Standard Chartered lowered its 2025 Bitcoin price […] The post…
In the past few months, it has announced a $22 billion partnership with OpenAI, a $14 billion deal with Meta, and a $6 billion arrangement with Nvidia. The company expects to bring in $5 billion in revenue this year while spending roughly $20 billion. To cover that gap, the company has taken on $14 billion in debt, more than half of which comes due in the next year.
deck in here and in here and. The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday for the third time this year, seeking to shore up a softening labor market even as inflation builds and leaving the prospect of more cuts next year unclear. "It's a labor market that seems to have significant downside risks," Fed Chair Jerome H. Powell…
The Oklahoma Insurance Department and lawmakers teamed up to create a package of measures to address rising homeowners insurance costs
The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?
Kevin Hassett, the director of the National Economic Council, stated that if he were to become the next chair of the Federal Reserve, he would make his own decisions about whether to lower interest rates rather than caving in to political pressure. In line with President Trump’s repeated demands for lower borrowing costs, he went…
Michael Green, Chief Strategist and Portfolio Manager at Simplify Asset Management, wrote a provocative Substack essay, Part 1: My Life Is A Lie, that is sparking a debate among economists and raising awareness of the affordability crisis. It’s not just the wonky economists debating the merits of his article; The Washington Post, CNN (News Central),…
The key item for Thursday is a Republican proposal by Senators Cassidy and Crapo. Trump Says Money Should Go to People, Not Health Insurers BREAKING 🚨 President Trump: “I don’t want to give insurance companies any money. They’ve been ripping off the public for years. Obamacare was set up to take care of insurance companies,…
21Shares, a prominent European issuer known for managing numerous crypto exchange-traded products (ETPs) globally, is teasing the debut of its U.S. spot XRP ETF (TOXR). Advertisement The firm initially submitted its S-1 filing to the U.S. Securities and Exchange Commission (SEC) last November.
