House Speaker Johnson Announces Investigation into Assassination Attempt on Former President Trump Washington, D.C. — House Speaker Mike Johnson has announced the formation of a task force to investigate the assassination attempt…
Republican Speaker Mike Johnson of Louisiana clapped back at pro-Palestinian protesters during a Wednesday speech at Columbia University. Columbia University President Nemat “Minouche” Shafik ordered classes to move online on Monday after…
By Mike Dolan LONDON (Reuters) – After six months of churning interest rate speculation, few now doubt 2024 will see the three major Transatlantic central banks easing policy – the only quiz…
By Mike Dolan LONDON (Reuters) – Few central bank watchers think the electoral cycle will change the course of monetary policy – but it could complicate the precise timing of interest rate…
By Mike Dolan LONDON (Reuters) -What if the “last mile” is a breeze? Despite what seems like euphoria about disinflation and interest rate easing, it’s also fashionable to speak of the hard…
By Mike Dolan LONDON (Reuters) -The expanding shadows of private credit seem an odd place to lurk if central banks’ ‘higher-for-longer’ mantra on interest rates suggests they keep things tight until something…
By Mike Dolan LONDON (Reuters) – European Central Bank (ECB) officials seem irked that they are not being taken seriously by markets – risking a show of force in Frankfurt that may…
By Mike Dolan LONDON (Reuters) – Markets appear to have batted away next month’s Federal Reserve gathering as a paused ‘also ran’ meeting in favor of second-guessing about a November rate hike…
By Mike Dolan LONDON (Reuters) – Cash-like money funds could increasingly suck deposits from smaller U.S. banks until lagging bank savings rates are finally forced up to compete while the Federal Reserve…
By Mike Dolan LONDON (Reuters) – The dollar could do with some cheering up. According to the ‘dollar smile’ theory developed by currency expert and now hedge fund manager Stephen Jen 20…
By Mike Dolan LONDON (Reuters) – If this month’s U.S. banking stress owes at least something to the Federal Reserve’s reduction of its mammoth balance sheet, then the central bank may now…
By Mike Dolan LONDON (Reuters) – After six weeks of frantic forecast changes, world markets seem to have lost the plot on where interest rates will go in this cycle – mainly…
By Mike Dolan LONDON (Reuters) -If skittish markets are just testing the extremes of possible central bank outcomes, policymakers who have bemoaned investor complacency for months may soon have to talk them…
By Mike Dolan LONDON (Reuters) -The end of modern globalisation may owe more to the fortunes of the U.S. dollar than Kremlinologists, Sinologists or military analysts acknowledge. A year from Russia’s invasion…
By Mike Dolan LONDON (Reuters) – Market pricing tends to swing back and forth like a pendulum around eventual outcomes – and investors may now have to brace for another tough period…
By Mike Dolan LONDON (Reuters) – Like mirages on the horizon, recession forecasts seem to be appearing and disappearing with great regularity – questioning any investment conviction, the reliability of pandemic-distorted data…
By Mike Dolan LONDON (Reuters) – For all intents and purposes, financial markets think the brutal central bank tightening cycle is done. That may seem like a leap of faith after 36…
By Mike Dolan LONDON (Reuters) – The Fed will loudly insist again on Wednesday that its inflation battle is not yet won – even as it slows the pace of interest rate…
By Mike Dolan LONDON (Reuters) – Almost as surprising as the weekend’s shock events in Brasilia was how little world markets appeared to react – showing investors may already be braced for…
MIKE MCKENNA: The Speaker Vote Reveals A Lot About The House’s Underlying Dysfunction Michael McKenna on January 6, 2023 There can be no doubt that this week’s repeated and repetitive votes for…
MIKE MCKENNA: What Congress Should Do Heading Into The New Year Michael McKenna on January 1, 2023 What should the new Congress do? Or, more specifically, what should the House majority do,…
MIKE MCKENNA: Congress’ Catastrophic Spending Bill Is Incomprehensible By Design Michael McKenna on December 23, 2022 There are so many appalling features of the recent omnibus legislation that provides taxpayer funding for…
LOS ANGELES – A Rhode Island man has pleaded guilty to federal criminal charges, admitting he defrauded investors out of more than $4.2 million in connection with the “Magic Mike Live”…
By Mike Dolan LONDON (Reuters) -If the U.S. Federal Reserve tends to tighten hard until something breaks, as some investors still believe despite the central bank’s denials, then it may have heard…
By Mike Dolan LONDON (Reuters) – Yet another eye-catching rebound in global stocks may just be another bear market bounce – but investors do sense the end of a dark road, even…
By Mike Dolan LONDON (Reuters) – Japan’s solo battle against an overvalued U.S. dollar may feel a little lonelier after it met G7 finance chiefs in Washington this week – and possible…