The Latest Breaking News from Craig Shapiro

My whey: dairy milk back on menu as protein boom cuts demand for plant-based alternatives

Dairy milk has made a comeback amid cost-of-living pressures and a focus on ‘natural’ products

The Guardian - AU · Mar 4

Fed's Michael Barr Warns Inflation Could Stick Through 2027: Hints Rates May Remain Restrictive 'For Longer'

Federal Reserve Governor Michael Barr warned about a long and drawn-out battle against inflation, hinting that investors seeking rate cuts may have to wait a while longer.

Benzinga · Oct 10, 2025

China Tightens Grip On Rare Earth Exports To Protect 'National Security' As Tech Giants Brace For Impact

China tightened its grip on the export of rare earth minerals and related technologies, escalating tensions with Washington ahead of an expected meeting between President Donald Trump and Chinese leader Xi Jinping later this month. China Says New Rules To Protect ‘National Security’ Foreign companies will need approval to export…

Benzinga · Oct 9, 2025

Federal Reserve To Follow 'Slower Rate Cutting Cycle' Despite Trump's Pressure As Beige Book Dampens Sentiment: Don't Expect 50 Bps Cut Hints Shapiro

The Federal Reserve is signaling a more cautious approach to interest rate cuts, with its latest Beige Book indicating that “Economic activity was little changed since last release”.

Benzinga · Sep 4, 2025

Mark Cuban Asks If AI Kills Jobs, Why No Office Occupancy Decline? Trump AI Czar Says Fears 'Overhyped'

On Monday, Mark Cuban questioned why major office buildings in U.S. cities aren't seeing dramatic drops in occupancy despite concerns that white-collar layoffs and workforce reshaping are being driven by AI and automation.

Benzinga · Sep 2, 2025

Christopher Waller Supports 25 Bps September Cut After Dissenting For Same In July: Economist Asks Why Not 50 Bps This Time?

Federal Reserve Governor Christopher Waller signaled strong support for a 25 basis point interest rate cut at the central bank’s upcoming September meeting, reiterating a position he favored in July.

Benzinga · Aug 29, 2025

Trump's Attempt To Fire Lisa Cook Lacks Factual Or Legal Basis, Says Fed Governor's Lawyer: 'We Will Be Filing A Lawsuit…'

Federal Reserve Governor Lisa Cook will be filing a lawsuit to prevent her firing by President Donald Trump, according to a lawyer hired by the central bank official.

Benzinga · Aug 27, 2025

Trump's Firing Of Lisa Cook Could Hand Him A Rare FOMC Majority That Could Block 'Regional Fed Presidents From Being Reappointed,' Says Craig Shapiro

President Donald Trump‘s firing of Federal Reserve Governor Lisa Cook on Monday could trigger a significant power shift within the central bank, potentially creating a Trump-appointed majority on its board and raising concerns over the future of regional Fed presidents, explained the macro strategist at the Bear Traps Report, Craig…

Benzinga · Aug 26, 2025

More Than 70% Of Americans Fear AI Could Cause Permanent Job Loss, A New Poll Shows. Two-Thirds Worry It Could Be Used To Fuel Political Chaos

Most Americans are uneasy about artificial intelligence, especially when it comes to jobs and national stability. A new Reuters/Ipsos poll found that 71% of U.S. adults are worried AI will put “too many people out of work permanently.”

Benzinga · Aug 25, 2025

Anthony Scaramucci Shares Warning About MAGA 'Going Marxist And Maoist' — Yale Professor Alleges 'Assault On Free-Market Capitalism'

Former White House Communications Director during President Donald Trump’s first term in office, Anthony Scaramucci, has endorsed a Fortune Magazine column warning that Trump and the MAGA movement were increasingly “going Marxist and Maoist.”

Benzinga · Aug 13, 2025