Jon Passantino

Nov 1, 2024 | finance.yahoo.com | Rashard Rose |Jon Passantino

A lot is going on next week. The U.S. Presidential Election is on Nov. 5 and the Federal Reserve kicks off its November meeting a day later, which will end on Nov. 7 potentially with another interest rate cut. The party that wins the presidency and congress could dramatically shape policies impacting the market and the regulatory landscape for certain sectors.

Oct 29, 2024 | finance.yahoo.com | Jon Passantino |Liam Reilly

Borrowers hoping for a break on interest rates have a wild card to contend with: the presidential election. Economists think interest rates will be higher if Republican Donald Trump wins a second term as president, and expectations of a Trump win could already be helping to nudge rates higher. The rate on 10-year Treasury bonds has risen more than half a percentage point since mid-September, even though the Federal Reserve has begun cutting short-term rates.

Oct 29, 2024 | news8000.com | Jon Passantino |Liam Reilly

(CNN) — The Washington Post owner Jeff Bezos, in his first public comments since igniting uproar last week over his decision to withhold the venerable newspaper’s endorsement in the presidential race, defended the move in a rare op-ed published Monday evening by the Post. “Presidential endorsements do nothing to tip the scales of an election,” Bezos, the billionaire Amazon founder, wrote. “No undecided voters in Pennsylvania are going to say, ‘I’m going with Newspaper A’s endorsement.’ None.

Oct 29, 2024 | news8000.com | Jon Passantino |Liam Reilly

(CNN) — The Washington Post owner Jeff Bezos, in his first public comments since igniting uproar last week over his decision to withhold the venerable newspaper’s endorsement in the presidential race, defended the move in a rare op-ed published Monday evening by the Post. “Presidential endorsements do nothing to tip the scales of an election,” Bezos, the billionaire Amazon founder, wrote. “No undecided voters in Pennsylvania are going to say, ‘I’m going with Newspaper A’s endorsement.’ None.

Oct 29, 2024 | news8000.com | Jon Passantino |Liam Reilly

(CNN) — The Washington Post owner Jeff Bezos, in his first public comments since igniting uproar last week over his decision to withhold the venerable newspaper’s endorsement in the presidential race, defended the move in a rare op-ed published Monday evening by the Post. “Presidential endorsements do nothing to tip the scales of an election,” Bezos, the billionaire Amazon founder, wrote. “No undecided voters in Pennsylvania are going to say, ‘I’m going with Newspaper A’s endorsement.’ None.