Kevin Hassett, the director of the National Economic Council (NEC), dismissed recent polling Monday, instead arguing the U.S. economy is “in a boom.” During an interview on CNBC’s “Squawk Box,” Hassett said consumer spending indicates the economy remains strong.  “If economic polls … were correct, then people wouldn’t be taking trips to nice hotels, they…

Kevin Hassett, the director of the National Economic Council (NEC), dismissed recent polling Monday, instead arguing the U.S. economy is “in a boom.” During an interview on CNBC’s “Squawk Box,” Hassett said consumer spending indicates the economy remains strong.  “If economic polls … were correct, then people wouldn’t be taking trips to nice hotels, they…

JPMorgan Chase CEO Jamie Dimon said in an interview published Monday that the U.S. economy, while performing well, has to fend off “inflationary” events. “The American economy is kind of booming right now. It’s good times,” Dimon told Alan Murray of The Wall Street Journal Leadership Institute. Dimon noted that corporate profits are “way up,”…

JPMorgan Chase CEO Jamie Dimon said in an interview published Monday that the U.S. economy, while performing well, has to fend off “inflationary” events. “The American economy is kind of booming right now. It’s good times,” Dimon told Alan Murray of The Wall Street Journal Leadership Institute. Dimon noted that corporate profits are “way up,”…

Democratic Sen. Elizabeth Warren (Mass.) on Sunday warned against a merger between Sysco and Restaurant Depot, arguing it could lead to an increase in restaurant prices. “Watch out: going out to eat at your favorite restaurant could become even more expensive,” Warren wrote on the social platform X. “The Trump administration might approve a merger…