SQUAWK BOX, WEDNESDAY 27TH SEPTEMBER, 2023

SQUAWK BOX, WEDNESDAY 27TH SEPTEMBER, 2023

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Inflation could 'roar back' if Fed independence compromised

Chicago Federal reserve Chairman Austan Goolsbee says the removal of Fed independence would see inflation “roaring back” and the IMF managing director Kristalina Georgieva has pledged her support behind Jerome Powell who is under criminal investigation. However, U.S. Commerce Sec ...  Show more

UK GDP defies forecasts to return to growth in November

UK GDP figures for November beat expectations to come in 0.3 per cent higher month-on-month and 1.4 per cent year-on-year. Denmark and EU allies boost their troop presence in Greenland as talks in Washington fail to deliver an agreement. President Trump says the U.S. needs the Ar ...  Show more

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Biden’s $2tn infrastructure plan, Deliveroo’s IPO flop, Black Americans in finance
FT News Briefing

Wall Street touched a record high Wednesday as the White House released details of President Joe Biden’s multi trillion-dollar US stimulus plan, and the food delivery app, Deliveroo, closed down 26 per cent in its first day on the public market. Plus, the FT’s US labour a ...

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Big tech earnings, US economic data, early voters pour in for US presidential election
FT News Briefing

Big tech companies reported mixed earnings for the most recent quarter, and Donald Trump is pointing to strong third-quarter GDP days before the US presidential election. Plus, the FT’s Washington Bureau chief Demetri Sevastopulo explains how early votes could affect election ...

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Biden's Uphill Battle on Infrastructure
CNN Political Briefing

Today, President Biden met with his cabinet for the first time in-person to discuss, among other items, selling his infrastructure plan to Congress. David Chalian explains the White House's uphill battle the bill faces as opposition is mounting from both sides of the aisle. Plus, ...  Show more

Morning After a Big Stock Market Rebound: Chair Powell Capitol Hill Testimony Preview, GameStop Surges, Bitcoin Slides Below $30K, EU Antitrust Probe Targets Google, Update on the White House's July 4 Vaccination Goal, and the Latest Company to Move Its HQ out of NYC
Squawk on the Street

Carl Quintanilla, Jim Cramer and David Faber explored what's in store for the markets after Monday's big rally erased losses from Friday's sell-off. What should investors make of the rebound? Especially as Wall Street braces for Fed Chair Powell's Tuesday testimony on Capitol Hil ...  Show more