Kennedy Center Votes To Put Trump's Name On Building, Close For Renovations

Fed Holds Rates Unchanged (As Expected), 'Dots' Signal Hawkish Bias As Warsh Takes Over Tl;dr: No rate change (as expected) but a dramatically hawkish shift in The Fed's bias (9 members seeing at least one hike this year). Statement smilled down dramatically, also biases towards hawkish focus on price stability (inflation) over employment: "The Committee will deliver price stability". “The market is focused on the dot plot for now, with half the committee thinking there will be hikes. The bear flattening seems reasonable based on that. Those who looked for a...

Jury Trials Are Vital To The Constitutional Order Authored by David Thunder via 'The Freedom Blog' substack, The Labour-led British government is currently attempting to hollow out an ancient pillar of English constitutionalism, trial by jury. Under their planned reforms, trial by jury would survive in England and Wales for certain types of crimes, but its use would be significantly curtailed. For example, according to a government press release issued earlier this month, new “Swift Courts” will assign cases “with a likely sentence of three years or less” to be heard by “a Judge...

Futures Mixed Ahead Of CPI And Warsh Testimony, As IBM Sinks, Bank Earnings Fizzle US stocks are struggling for direction as traders waited to buy the dip on a busy day that kicked off with Wall Street earnings whichwith JPM, BofA, Goldman, Citi and Wells all reporting. Kevin Warsh’s testimony before Congress and CPI data are due later. As of 8:00am ET, S&P 500 futures fell 0.2% with Nasdaq 100 contracts up 0.6%, set for a rebound from the selloff in AI-linked names yesterday and defying declines elsewhere. In premarket trading, IBM crashed...