$100 Million Feds
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The New York Times - Business
2 Stole $230 Million in Cryptocurrency and Went on a Spending Spree, U.S. Says
Malone Lam, 20, and Jeandiel Serrano, 21, schemed to obtain 4,100 Bitcoin from a single victim, federal prosecutors said.2 hours ago -
CNBC - Business
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Waller told CNBC that the data is showing core inflation in the Fed's preferred measure is running below 1.8%3 hours ago - Federal Reserve -
The New York Times - Top stories
Nelson DeMille, Blockbuster Author Who Thrilled Millions, Dies at 81
In best seller after best seller, world-weary investigators tackled military malfeasance and Russian spies, cracking jokes and beers to the delight of legions of devoted fans3 hours ago -
The New York Times - Science
Earth Might Have Had a Ring 466 Million Years Ago
Impact craters found around the Earth that were made around the same time could be linked to debris falling from a ring, a new study suggests.4 hours ago -
MarketWatch - Business
How to invest if you believe the Fed can’t stop the economy from falling apart
Also: What to expect for loan interest rates, how Social Security survivor and spousal benefits work, and advice from the Moneyist.4 hours ago -
MarketWatch - Business
Oil prices log weekly gains after Fed rate cut, rising Middle East tensions
Oil futures booked solid weekly gains, boosted by the Federal Reserve’s large interest-rate cut and a renewed rise in tensions in the Middle East.5 hours ago - Federal Reserve -
MarketWatch - Business
The Fed rate cut scared me. Where should I invest my $127,000 in savings now?
This reader wonders whether CD rates, high-yield savings accounts and bond ladders are still smart moves, even if interest rates keep dropping.5 hours ago - Federal Reserve -
MarketWatch - Business
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed’s historic interest-rate cut
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main Street — is obsessing over.5 hours ago -
CBS News - Top stories
Should you borrow home equity now that the Fed has cut rates?
It could be a smart time to borrow from your home's equity — but you should consider a few factors first.6 hours ago - Federal Reserve -
The New York Times - Business
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.6 hours ago - Federal Reserve -
CBS News - Top stories
Should you buy a home after the Fed's big rate cut?
There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.7 hours ago -
Financial Times - Business
Top Fed official would back more aggressive interest rate cuts if US data worsen
Influential governor Christopher Waller says inflation is falling more quickly than he expected7 hours ago - Federal Reserve -
ABC News - Sports
Joel Embiid signs a 3-year, $193 million contract extension with the 76ers
Joel Embiid has signed a contract extension with the Philadelphia 76ers, keeping him with the franchise through the 2028-29 season7 hours ago - NBA -
NBC News - Top stories
Joel Embiid signs 3-year, $192.9 million extension with Sixers, reports say
Superstar center Joel Embiid has signed a three-year, approximately $192.9 million extension with the team that runs through the 2028-29 season, ESPN’s Ramona Shelburne reported Friday morning.7 hours ago - NBA -
CBS Sports - Sports
76ers' Joel Embiid signs extension: Massive deal worth $193 million over three years
The big man says he wants to stay with Philly 'for the rest of my career'8 hours ago - NBA -
MarketWatch - Business
Small-cap stocks post longest rally since 2021 after Fed rate cut. What’s next?
Small-cap stocks just saw their longest winning streak in three and a half years, after the Federal Reserve recalibrated its monetary policy with a big interest-rate cut.8 hours ago - Federal Reserve -
The Guardian - World
Middle East crisis live: top Hezbollah commander killed in Israeli airstrikes on Beirut as 12 dead
IDF confirms it has killed Ibrahim Aqil – wanted by US for alleged role in 1983 US embassy bombings – in southern Beirut; 12 killed and more than 60 injured. A pro-Palestinian protester wearing ...8 hours ago - Israel -
The Hill - Politics
Which path will the Fed take to ease monetary policy?
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other in U.S. history.9 hours ago - Federal Reserve -
Inc. - Business
The Fed Is Putting the Stock Market on Track for a Rare Achievement
Stocks in September have been negative for four years in a row but momentum from the rate cut could bring change.10 hours ago -
The New York Times - Tech
Kamala Harris Outspends Donald Trump by Tens of Millions Online
The week of their debate, Kamala Harris outspent Donald Trump by 20 to 1 on Facebook and Instagram. It was just one sign of how uneven their online advertising battle has become.10 hours ago - Donald Trump -
CBS Sports - Sports
NBA top 100 players: Brandin Podziemski among five second-year players who can jump into next year's rankings
These up-and-comers from the 2023 NBA Draft are on the cusp of stardom11 hours ago - NBA -
The Hill - Politics
The Fed finally cut interest rates — but let's not get too excited just yet
If you're running a small business, this cut in interest rates will have little impact.11 hours ago - Federal Reserve -
Yahoo Sports - Sports
Chelsea apply for agent’s multi-million-pound lawsuit to be thrown out of court
Chelsea will apply for football agent Saif Alrubie’s multi-million-pound lawsuit against the club to be thrown out of court.11 hours ago -
MarketWatch - Business
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.12 hours ago -
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ABC News - Sports
Joel Embiid signs a 3-year, $193 million contract extension with the Philadelphia 76ers, AP sources say.
Joel Embiid signs a 3-year, $193 million contract extension with the Philadelphia 76ers, AP sources say.12 hours ago - NBA -
MarketWatch - Business
The Fed spurred a big rally in Nvidia and other chip stocks. Is it sustainable?
Fed commentary could give a further shot in the arm to AI names that have been market leaders, but the broader semiconductor sector still faces challenges and skepticism.12 hours ago -
ABC News - Top stories
Will the Fed cut interest rates again this year? Experts weigh in.
The Fed delivered a large interest rate cut this week. Will they do it again?12 hours ago - Federal Reserve -
The Hill - Politics
Child care costs more than rent across 100 largest US metros
Child care for two kids costs more than rent across the nation's 100 largest metros, according to a new report.13 hours ago -
NBC News - Top stories
Miami man among 2 charged in $230 million cryptocurrency theft and laundering scam
A Miami man is facing charges after authorities said he teamed up with a California man in a scam to steal and launder over $230 million in cryptocurrency.14 hours ago -
MarketWatch - Business
Olympic skier Lindsey Vonn and boyfriend Diego Osorio slash the price of their $4.5 million Miami Beach home
The couple is offering a big discount on the 3,016-square-foot Florida dwelling after first listing it a year ago.16 hours ago -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.18 hours ago - China -
BBC News - Top stories
Israel says 100 Hezbollah rocket launchers hit in Lebanon
Extensive Israeli air strikes come after Hezbollah vowed to retaliate over deadly exploding device attacks blamed on Israel.19 hours ago - Israel -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.Yesterday