Jerome Powell’s Jackson Hole speech could rally stocks around a soft landing — but messaging is key
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CNBC - Business
High home prices aren't 'something the Fed can really fix,' says Federal Reserve chair Jerome Powell
Fed chair Jerome Powell says that high housing prices are a supply problem that the Central Bank can't fix.34 minutes ago - Federal Reserve -
The Hill - Politics
Biden pitches ‘better choice’ in economic speech, seeking contrast with Trump
President Biden on Thursday touted what he called a “declaration of progress” after the Federal Reserve cut interest rates, arguing his economic agenda had put the country on strong footing and ...42 minutes ago - Joe Biden -
ABC News - Tech
Oregon governor uses new land use law to propose rural land for semiconductor facility
Oregon Gov. Tina Kotek is using a new land use law to propose rural land for a semiconductor facility56 minutes ago -
ESPN - Sports
'A rabbit hole most people know nothing about': How insurance became the NFL's secret hack
The Jets didn't insure Aaron Rodgers, costing them cap savings. The Eagles and 49ers used insurance to help achieve contender status.59 minutes ago -
The Hill - Politics
Yellen on 'soft landing' prediction: 'I believe that’s exactly what we’re seeing in the economy'
Treasury Secretary Janet Yellen said Thursday she believes the U.S. economy is making the “soft landing” that she predicted two years ago, when inflation soared after the pandemic. In a live ...1 hour ago -
Financial Times - Business
S&P 500 hits new record after Fed makes jumbo cut to US interest rates
Global stocks rally as investors bet that the central bank’s move will support US economic growth2 hours ago - Federal Reserve -
The New York Times - Business
Stocks Rally a Day After Fed’s Big Interest Rate Cut
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a ...2 hours ago -
The New York Times - Business
Threats Against Haitians Land at the Doorstep of The Haitian Times
Racist emails. Swatting. Intimidated sources. The Haitian Times has been receiving some of the same threats that it has been covering in Springfield, Ohio.3 hours ago -
The New York Times - Business
Has the Federal Reserve Pulled Off a Soft Landing?
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.3 hours ago - Federal Reserve -
MarketWatch - Business
Bank stocks join market rally. Analyst cites boost to lenders’ balance sheets.
Bank stocks moved up on Thursday as they added to gains from the previous session on the heels of the first interest-rate cut by the U.S. Federal Reserve since 2020.3 hours ago -
Wired - Tech
Strange Visual Auras Could Hold the Key to Better Migraine Treatments
Research on the visual patterns that foreshadow migraines may reveal clues on how painful headaches arise from the brain even though it has no pain receptors.4 hours ago -
MarketWatch - Business
Powell’s recalibration on rates may bring 1995-like boost to stocks: strategist
That the U.S. no longer needs “emergency levels of monetary squeeze” should be bullish for risky assets, says one strategist.6 hours ago -
NBC News - Top stories
Trump's inconsistent messaging clashes with the RNC's attempted embrace of early voting
At practically every Donald Trump rally, scripted words encouraging early voting get loaded into the teleprompter.19 hours ago - Donald Trump -
CNBC - Business
Powell downplays impact of rate cut on Trump-Harris presidential race
Vice President Kamala Harris and former President Donald Trump are each fighting to persuade voters they are best candidate for the U.S. economy.21 hours ago - Donald Trump -
The Hill - Politics
Harris to make abortion speech in Georgia after deaths of two women
Vice President Harris will travel to Georgia on Friday to highlight her support for abortion rights, likely focusing on the stories of two women whose deaths she blames on the state’s abortion ban ...21 hours ago - Abortion -
The Hill - Politics
Powell pushes back on suggestion Fed got behind in rate cuts
The Federal Reserve cut interest rates by a half-percentage point Wednesday and is projecting another half-percentage point cut over the course of its remaining two meetings this year, signaling a ...22 hours ago - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...23 hours ago - Federal Reserve -
NBC News - Top stories
Powell speaks on Federal Reserve decision to cut interest rates
After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years. He noted that the ...Yesterday - Federal Reserve -
The Hill - Politics
Watch live: Fed Chair Jerome Powell speaks on interest rates, economy
Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC) has ...Yesterday - Federal Reserve -
Financial Times - Business
Global police dismantle encrypted messaging app used by criminals
Ghost platform was used to distribute drugs and order hits by gangs in many countriesYesterday -
Inc. - Business
Key OceanGate Employee Says Titan Wreck Could have Been Avoided
The company's former operations director, David Lochridge,testified that theOccupational Safety and Health Administration received his complaint, but did not pursue concerns about the submersible's ...Yesterday -
MarketWatch - Business
Is Super Micro a value stock? This analyst thinks it could be.
Needham sees Super Micro shares as a “value play on AI,” with strong revenue growth helping to justify a premium multiple relative to peer stocks.Yesterday -
CNBC - Business
Your favorite stocks may soon be quoted in half-penny increments, which could cut trading costs
The U.S. Securities and Exchange Commission will vote on a proposed amendment to change the minimum pricing increment for most stocks.Yesterday -
MarketWatch - Business
Attractive Nvidia and Alphabet prices could be a stock-market October surprise. Here’s why.
Tech giants look cheap on an earnings-growth basis, while U.S. stocks overall can resist seasonal weakness.Yesterday -
ABC News - Tech
Scientists detect longest pair of jets streaming from a supermassive black hole
Scientists have discovered the longest pair of jets streaming from a black hole in a distant galaxyYesterday -
The Guardian - World
Pair of huge plasma jets spotted blasting out of gigantic black hole
Streams are the largest ever seen, measuring 23m light years and with combined power of trillions of suns. Astronomers have spotted two record-breaking plasma jets blasting out of a supermassive ...Yesterday -
CBS News - Top stories
"Computer geek" accused of creating encrypted messaging app for crime
Australian police swooped in to arrest a man they say built a messaging app marketed as "unhackable" to the criminal underworld, but which clearly was not.Yesterday -
ABC News - Tech
Australian police infiltrate encrypted messaging app Ghost and arrest dozens
Australian police say they have infiltrated Ghost, an encrypted global communications app developed for criminals, leading to dozens of arrestsYesterday -
The Hill - Politics
Meta’s ‘from the river to the sea’ decision legitimizes hate speech
It is time to wake up, call a spade a spade and move to de-legitimize this poisonous slogan.Yesterday -
CBS News - Top stories
Dockworkers at key U.S. ports threatening strike consumers could feel
About 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships.Yesterday -
ABC News - Tech
A key employee says the Titan sub tragedy could have been prevented
A key employee who labeled a doomed experimental submersible unsafe prior to its last, fatal voyage testified Tuesday that the tragedy could have been prevented if a federal safety agency had ...Yesterday -
MarketWatch - Business
A Fed interest-rate cut could make small-cap stocks a good investment now
U.S. small-cap stocks have staged an epic rally over the past month as the Federal Reserve is set to cut interest rates for the first time since 2020. Has the time for small caps finally come?Yesterday - Federal Reserve -
MarketWatch - Business
Donald Trump could sell his ‘DJT’ stock after saying he won’t — but that might spark lawsuits
Donald Trump registered his shares for potential sale in April, but the GOP presidential nominee said last week won’t sell when lockup provision ends as early as Friday.2 days ago - Donald Trump -
CNBC - Business
Fed to cut rates by a quarter point with a soft landing expected, according to CNBC Fed Survey
The survey shows 84% of the 27 respondents, including economists, fund managers and strategists, see the Fed cutting by a quarter percentage point.2 days ago - Federal Reserve -
CBS News - Top stories
Tito Jackson, founding member of Jackson 5, dies at 70
Tito Jackson, one of the brothers and founding members of the Jackson 5, died Monday at age 70. Jackson was also an acclaimed guitarist and went on to have a solo blues career of his own. His three ...2 days ago