To The Moon

WASHINGTON -- Vice President Kamala Harris declared that her "values have not changed" on key issues such as climate change and immigration despite shifting policy stances, as she and her running mate, Minnesota Gov. Tim Walz, sat for their first major television interview of their 2024 campaign Thursday.Harris and Walz, who have faced criticism that they have avoided tough questions, spoke to CNN's Dana Bash as they took a bus tour through Georgia. In the sitdown, Harris defended herself on her changed stances on issues such as fracking compared with her first campaign for president in 2019.Republicans have accused Harris of ducking reporters and said she was incapable of sitting for a solo interview. Trump sai

Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth.Setting the stage for a two-day appearance on Capito

U.S. stocks have been unaffected by higher interest rates from the world's most powerful central bank over the past few years, as incremental earnings growth gives investors ample reasons to pour money into equities even amid an increasingly gloomy policy-rate outlook, according to DataTrek Research.Corporate earnings growth matters more to stock prices than the Federal Reserve's interest-rate policy over the longer run, Nicholas Colas, co-founder of DataTrek Research, said Monday in a client note.U.S. stocks have "entirely" ignored structurally higher Fed-funds rates since 2019 and moved almost exactly in line with corporate earnings power, said Colas. The yield on the 2-year Treasury note BX:TMUBMUSD02Y, a proxy for the market's expectations of the central bank's future monetary policy, has risen to 4.747% on Monday from around 1.6% at the end of 2019, while the S&P 500 index SPX has advanced 58% over the same period with its earnings up 46%, according to data compiled by DataTrek."E

A bright outlook for air travel and tourism could lift the fortunes of these four stocks.