Rafael Nam
👤 SpeakerAppearances Over Time
Podcast Appearances
Fed Chair Jerome Powell is set to deliver a pre-recorded message at a community banking conference on Thursday.
Over the past several months, the U.S.
has been creating a lot fewer jobs than economists had expected.
That has led to concerns that the economy may be weaker than many investors had anticipated.
So investors are keenly waiting for the latest employment numbers for September due out on Friday.
There is a potential wrinkle, however.
There could be a government shutdown this week unless Republicans and Democrats can clinch a short-term spending deal.
A shutdown would delay the release of fall data by the government, including the jobs numbers, meaning investors may have to wait a little bit longer.
Just over two years ago, crypto exchange FTX collapsed. Today, a different exchange, Coinbase, is set to join the ranks of 500 of the biggest public companies in the U.S. Here's Faryar Sherzad, Coinbase's chief policy officer.
Just over two years ago, crypto exchange FTX collapsed. Today, a different exchange, Coinbase, is set to join the ranks of 500 of the biggest public companies in the U.S. Here's Faryar Sherzad, Coinbase's chief policy officer.
And that's in part because things have changed under President Trump. His administration is taking a far friendlier approach to the crypto industry. Trump himself has a financial stake in the crypto sector, raising major concerns about conflicts of interest. All of this is alarming consumer advocates who warn this is a nascent industry, rife with potential for fraud and shady characters.
And that's in part because things have changed under President Trump. His administration is taking a far friendlier approach to the crypto industry. Trump himself has a financial stake in the crypto sector, raising major concerns about conflicts of interest. All of this is alarming consumer advocates who warn this is a nascent industry, rife with potential for fraud and shady characters.
The big unknown in Wall Street is what kind of impact tariffs will ultimately have. One big fear is that they will raise prices across the board as imports become more expensive. So investors will be keen to see the latest consumer inflation data out on Tuesday, which may already start to show some of the early effects from the tariffs.
The big unknown in Wall Street is what kind of impact tariffs will ultimately have. One big fear is that they will raise prices across the board as imports become more expensive. So investors will be keen to see the latest consumer inflation data out on Tuesday, which may already start to show some of the early effects from the tariffs.
The other big fear is that consumers will start spending less as a result of higher prices and the general uncertainty about the economy. This week we'll get retail sales numbers on Thursday, while retail giant Walmart will report earnings on the same day. Rafael Nam, NPR News.
The other big fear is that consumers will start spending less as a result of higher prices and the general uncertainty about the economy. This week we'll get retail sales numbers on Thursday, while retail giant Walmart will report earnings on the same day. Rafael Nam, NPR News.
Security is heightened in central Ho Chi Minh City ahead of the 50th anniversary of the end of the Vietnam War. Fifty years ago, North Vietnamese troops stormed the headquarters of the South Vietnam's government, ending the roughly 20-year war that cost millions of Vietnamese lives.
Security is heightened in central Ho Chi Minh City ahead of the 50th anniversary of the end of the Vietnam War. Fifty years ago, North Vietnamese troops stormed the headquarters of the South Vietnam's government, ending the roughly 20-year war that cost millions of Vietnamese lives.