Simone Del Rosario
Host, Straight Money at Straight Arrow News
Business Correspondent @StraightArrow__.
Articles
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4 days ago |
san.com | Mathew Grisham |Simone Del Rosario
Federal Reserve Chair Jerome Powell faced some heat from both sides of the political aisle regarding the committee’s decision against lowering interest rates. During the first of two days of congressional testimony, the chair said the current data supports rate cuts, but inflation forecasts give him pause. President Donald Trump said he hoped Congress would work over “Too Late” Powell ahead of Powell’s testimony in front of the House Financial Services Committee on Tuesday, June 24.
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2 weeks ago |
san.com | Devin Pavlou |Simone Del Rosario
It started as a battle over tariffs imposed by the United States. But as trade talks between the U.S. and China stretched to a second day in London on Tuesday, June 10, rare earth minerals and chips overtook tariffs as the heart of the negotiation between the world’s two largest economies. The U.S. is prepared to cede some export controls on chips in exchange for looser restrictions on China’s rare earth mineral exports, National Economic Council Director Kevin Hassett told CNBC on Monday, June 9.
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1 month ago |
san.com | Drew Pittock |Simone Del Rosario
Warren Buffett, the CEO of investment company Berkshire Hathaway, said Saturday, May 3 that he intends to retire at the end of the year. The announcement was made during the company’s annual meeting. Shortly after the 94-year-old publicly expressed his most blunt opinions of the Trump administration’s tariffs to date.
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2 months ago |
san.com | Brent Jabbour |Donald Afari |Simone Del Rosario
[Simone Del Rosario]For several days over the past week, speculation swirled about whether the president would try to fire Federal Reserve Chair Jerome Powell. It was fueled by posts like this, where President Trump wrote, “Powell’s termination cannot come fast enough.”President Trump: I believe he’s making a mistake by not lowering interest rates. And I think as well as we’re doing, we’d do much better. He’s keeping rates too high.
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2 months ago |
san.com | Simone Del Rosario
[Simone Del Rosario]Let’s paint the picture. The U.S. puts tariffs on imported goods from around the world. Other countries retaliate by placing their own tariffs on U.S. goods. Stock markets face a deep sell-off as a global trade war builds. It sounds like today. But actually, I’m talking about what happened nearly a century ago. Gary Richardson: A lot of things made the Great Depression great or terrible, and the tariffs were certainly one of those.
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The demise of pharmacies: How ‘bloated’ chains limit health care access https://t.co/JgWXC9H1Za
Tesla's net income is down 71% from a year ago, while automotive revenues are down 20%. A lot is made about the hit Tesla is taking from Elon Musk's political profile. But don't forget how big a challenge growing global competition is for the company. https://t.co/mkT6rjaRC8 https://t.co/igVVz4fROB