Jackson Hole Points to Hard Road Ahead for Powell; Wall Street Awaits Nvidia Earnings

Jackson Hole Points to Hard Road Ahead for Powell; Wall Street Awaits Nvidia Earnings

On today's podcast:
1) The Federal Reserve's Jackson Hole symposium was a tense affair, with Chair Jerome Powell signaling an interest-rate cut as soon as the next policy meeting in September, despite clear divisions among policymakers.
2) Traders are breathing easier heading into this week after Federal Reserve Chair Jerome Powell indicated that interest rate cuts are coming. The next test for the stock market will be a read on what’s been driving gains for the past few years: artificial intelligence euphoria.
3) SpaceX delayed a critical test flight of its massive Starship rocket roughly half an hour before liftoff on Sunday, saying it needed to troubleshoot an unspecified problem with its ground systems.

See omnystudio.com/listener for privacy information.

Avsnitt(1664)

Trump Maintains Pressure on Iran; King Charles Speaks to Congress

Trump Maintains Pressure on Iran; King Charles Speaks to Congress

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Trump Weighs Tehran Proposal; Kimmel Defends Comments about First Lady

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24 Apr 38min

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24 Apr 15min

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Deadlock in US-Iran Peace Talks; Navy Secretary Fired

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace ...

23 Apr 15min

Iran Peace Deal in Limbo; Redistricting Passes in Virginia

Iran Peace Deal in Limbo; Redistricting Passes in Virginia

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President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart. I...

21 Apr 20min

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