Former US Treasury Secretary Lawrence Summers says the Trump administration’s downsizing of the Internal Revenue Service will likely incentivize reduced tax-payment compliance, potentially costing the federal government $1 trillion in lost revenues over a decade. He speaks with David Westin on “Wall Street Week.” (Source: Bloomberg)
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Publicat el April 22, 2025 a les 17:32
Western Investors Are Piling Into Gold Market After Three-Year Hiatus
Western investors are finally back in the gold market after being largely absent for the past three years. This time, they’re coming in force with big purchases of bullion-backed exchange-traded products.
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Publicat el April 22, 2025 a les 17:14
Chicago Exchange Goes After Wheat Contract Famous in Minneapolis
The battle for spring-wheat supremacy has begun.
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Publicat el April 22, 2025 a les 16:32
2025 Top Reputation Risks to Business
Isabel Guzman, Global Situation Room Global Risk Advisory Council Chair speaks with Romaine Bostick and Scarlet Fu about top reputation risks for companies. (Source: Bloomberg)
Publicat el April 22, 2025 a les 15:44
Trump’s Fed Attacks Have Significant Market Impact, Goldman’s Hatzius Says
President Donald Trump’s threats to fire Federal Reserve Chair Jerome Powell have had a significant impact on financial markets, Goldman Sachs Chief Economist Jan Hatzius said.
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Publicat el April 22, 2025 a les 15:07
Goldman’s Hatzius on Fed Independence, Recession Chances
Jan Hatzius, chief economist at Goldman Sachs, says his firm forecasts “barely positive growth in 2025” for the US with inflation getting back to “the mid-3’s, if not higher.” Hatzius also discusses the “significant impact on financial markets” from President Donald Trump’s threats to fire Federal Reserve Chairman Jerome Powell, his expectations for the Fed to be reactive rather than preemptive on rate cuts, and which parts of the US economy he’s watching closely for signs of deterioration.
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Publicat el April 22, 2025 a les 15:03
Fed’s Jefferson Says Mandate Fosters Economic Mobility
Federal Reserve Vice Chair Philip Jefferson says the Fed’s goals of stable prices and maximum employment can help foster economic mobility. Jefferson speaks at an economic mobility summit hosted by the Philadelphia Fed.
Publicat el April 22, 2025 a les 14:57
Vanguard CEO Says US Exceptionalism ‘Absolutely’ Hasn’t Peaked
President Donald Trump’s chaotic policies are spurring some investors to “sell America,” but Vanguard Group Chief Executive Officer Salim Ramji said he still believes in the underlying strength of the US economy.
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Publicat el April 22, 2025 a les 14:46
Trump’s Trade War Shaking Pillars of Financial System, IMF Warns
President Donald Trump’s trade war is threatening the global financial stability that’s kept banks and insurers safe since the 2008 crisis, the International Monetary Fund warned, as it urged policymakers to bolster their industries’ defenses.
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Publicat el April 22, 2025 a les 14:30
