Powell ignites a market surge, the U.S. supports Intel, Keurig Dr Pepper acquires JDE Peet’s and more in the Morning Squawk
Here’s a quick morning update for investors: 1. Powell’s influence Federal Reserve Chair Jerome Powell spoke at the Jackson Hole conference last Friday and indicated that interest rate cuts might be on the horizon. Investors reacted positively to his remarks. Key points include: Stocks surged on Friday, particularly the Dow Jones Industrial Average, which hit […]
Buttigieg spars with ‘Squawk Box’ host over Biden’s border policies
Transportation Secretary Pete Buttigieg on Tuesday debated President Biden’s border policies with the hosts of CNBC’s “Squawk Box,” and blamed former President Trump for the breakdown of a bipartisan border agreement. “It was particularly unfortunate to see what happened at the border. You’d think Congressional Republicans would be interested in addressing border issues because they […]