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US firms’ ‘low firing’ approach could turn to more layoffs, Fed’s Barkin warns

Jim Thorne, chief market strategist at Wellington Altus Private Wealth, argues that the Fed needs to get inflation down to neutral levels quickly. In newly released comments, Richmond Fed President Thomas Barkin said U.S. companies’ current approach to hiring decisions — hiring fewer people and firing fewer — is likely short-lived, and he noted the […]

Nvidia sales likely doubled, but it may not impress investors

Barron’s market reporter Jacob Sonnenshein joins the Big Money Show to discuss how important NVIDIA’s earnings report is to the overall stock market. Nvidia is expected to report second-quarter revenue more than doubling on Wednesday, but investors accustomed to the company’s stellar performance will be hoping for more from the artificial intelligence chip giant. Beating […]

Smith challenges Cannon decision to toss Trump documents case

Special Counsel Jack Smith told the Court of Appeals: The U.S. Supreme Court has repeatedly called it an “error” to dismiss the case against former President Trump after ruling that Judge Eileen Cannon was illegally appointed. The brief did not ask that Cannon be removed from the case, but the 11th Circuit is free to […]

‘This Is the Worst Video I Have Ever Seen’

Viewers were outraged Veep and Seinfeld Star Julia Louis-Dreyfus, twice-losing Democratic presidential candidate Hillary Clinton, Rep. Nancy Pelosi (D-Calif.), Transportation Secretary Pete Buttigieg, Rep. Alexandria Ocasio-Cortez (D-N.Y.), and actresses Laura Benanti and Julia Louis-Dreyfus came under fire after appearing in bizarre and “embarrassing” videos. “This is the worst video I’ve ever seen,” one X user […]