Rate Hike Odds Tumble After Warsh Does Not Address October FOMC Meeting

California Republicans Gain Early Voting Edge In June Primary Via American Greatness, California Republicans are showing unexpected momentum heading into the state’s June 2 primary election, posting stronger early voting numbers while Democrats remain divided across several high-profile races. More than 900,000 ballots have already been returned in California’s all-mail primary system, according to data compiled by Political Data Intelligence. The early numbers indicate Republicans are outperforming expectations in a state long dominated by Democrats. As of May 15, Republican turnout stood at 6 percent statewide, compared to 4 percent for Democrats. Despite...

Halliburton Sees First Signs Of Life In America's Oil Patch: "We Are In Early Innings" An emerging theme we are focusing on is the early stage of a major capex upcycle in America's oil patch, with even Goldman now moving in that direction and forecasting a boom that could echo the industry's expansion cycle of the early 2000s. Continental Resources CEO Doug Lawler was the first of the major oil patch players to mention in early April that "Continental is increasing our capital budget, which will increase production." Now, another giant...