Chair Powell's Tariff Concerns; Harvard Pushes Back on Trump

Chair Powell's Tariff Concerns; Harvard Pushes Back on Trump

On today's podcast:
1) President Trump's optimism on trade is lifting stocks following yesterday's selloff on Wall Street. Positive signals from initial US-Japan trade talks stirred optimism agreements can be reached to avoid higher levies on American trading partners.
2) Fed Chair Jay Powell says tariffs make a challenging scenario for the Federal Reserve. Powell on Wednesday signaled a wait-and-see approach to tariffs, pushing back on hopes the central bank would act quickly to soothe investor fears. His comments, along with concerns over the impact of tariffs on the tech sector, helped end a two-day consolidation in stocks.
3) Harvard continues to push back against pressure from the White House. Harvard University's refusal to comply with a Trump administration deal to require it to reform its governance and end diversity programs is resulting in retribution. The administration's freezing funding of 2.2 billion dollars of multiyear grants, accusing Harvard of mishandling antisemitism on campus. President Trump says the school should lose its tax-exempt status and several outlets reported that the IRS is considering the issue

See omnystudio.com/listener for privacy information.

Jaksot(1592)

Trump Orders Minneapolis Pullback; US-Iran Talks Set for Friday

Trump Orders Minneapolis Pullback; US-Iran Talks Set for Friday

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Department of Homeland Security will immediately pull 700 officers from Minneapolis, a reduction of about a quarter, ami...

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Government Shutdown Ends; New Iran Negotiations

Government Shutdown Ends; New Iran Negotiations

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The partial US government shutdown ended late Tuesday after President Trump signed into law a funding deal he negotiated wit...

4 Helmi 15min

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

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3 Helmi 15min

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

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2 Helmi 15min

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

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30 Tammi 37min

Instant Reaction: Trump Nominates Warsh for Fed Chair

Instant Reaction: Trump Nominates Warsh for Fed Chair

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30 Tammi 9min

Trump Administration Prepares for Warsh Fed Chair Nod; Government Shutdown Averted

Trump Administration Prepares for Warsh Fed Chair Nod; Government Shutdown Averted

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Trump administration is preparing for the president to nominate Kevin Warsh to be the next Federal Reserve chair, accord...

30 Tammi 25min

Tech Firms Unleash AI Spending Spree; Fed Holds Rates Steady

Tech Firms Unleash AI Spending Spree; Fed Holds Rates Steady

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The world’s largest tech firms show no signs of easing up on AI spending, a record wave that’s propelling hardware providers...

29 Tammi 15min

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