Fed president expecting smaller cuts after half point reduction
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MarketWatch - Business
Gold’s record rally gets added jolt from Fed rate cut. Is there anyone left to buy?
Some analysts warn the pool of potential gold buyers could begin to run dry.2 days ago - Federal Reserve -
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.2 days ago - Federal Reserve -
MarketWatch - Business
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
Michelle Bowman was the first Federal Reserve governor to dissent from an interest-rate decision since 2005.2 days 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.2 days 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.2 days ago -
The New York Times - Top stories
The Incumbent, the Marxist and the Heir: Sri Lanka’s Tight Race for President
The country will hold its first presidential election on Saturday since its strongman president fled the country two years ago. Here are the main contenders.2 days ago -
ESPN - Sports
McDaniel: Dolphins expect to be without Mostert
Dolphins coach Mike McDaniel said he is "pessimistic" that running back Raheem Mostert will be available for Sunday's game vs. the Seahawks.3 days 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 days ago - Federal Reserve -
ABC News - Health
An appeals court has revived a challenge to President Biden's Medicare drug price reduction program
A constitutional challenge to the Biden administration program enabling Medicare to negotiate lower prices for prescription drugs has been revived by a federal appeals court3 days ago - Joe Biden -
The New York Times - Lifestyle
The Power of a Smaller Breast
Breast reduction is all the rage in cosmetic surgery. Are women asserting their independence or capitulating to yet another impossible standard of beauty?3 days 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.3 days ago - Federal Reserve -
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.3 days 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.3 days 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.3 days 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 expected3 days ago - Federal Reserve -
CNBC - Business
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 6% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.3 days ago -
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.3 days 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.3 days ago -
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.3 days ago - Federal Reserve -
Yahoo Sports - Sports
Week 3 Expected Points: Buying into Brian Robinson
Zachary Krueger reviews the expected fantasy points from the previous week and highlights some players he's eyeing for Week 3.3 days 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.3 days ago -
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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?3 days ago - Federal Reserve -
Wired - Tech
Meta Connect 2024: How to Watch and What to Expect
Meta CEO Mark Zuckerberg will take the stage on September 25 to deliver a keynote address about all things AR and VR, chatbots, headsets, smart glasses, and generative AI. Here’s a preview.3 days ago -
The New York Times - Top stories
A Surge in Breast Reductions
We explore why younger women are undergoing the cosmetic procedure.3 days 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%.3 days ago - China -
Financial Times - World
UK government borrows more than expected in August
Net debt hits 100% of GDP in blow to chancellor Rachel Reeves ahead of Budget3 days ago - United Kingdom -
Yahoo Sports - Sports
BREAKING: Sharks Expected To Place Logan Couture On IR
San Jose Sharks captain Logan Couture is expected to start the season on injured reserve.4 days ago -
The Wall Street Journal - Business
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.4 days ago -
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.4 days ago