U.S. stocks rallied after the inflation data boosted investors' hopes for an interest rate cut next month. The S&P 500, Nasdaq and Dow rose 1.7%, 2.4% and 1%, respectively.
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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.9 hours ago - Federal Reserve -
CBS News - Top stories
"Mini-moon" to temporarily orbit Earth for 2 months
For the next two months, Earth will have a "mini-moon" when a small asteroid temporarily orbits the planet. Scientists say the asteroid, which is only 33 feet long, will enter Earth's gravity in a ...10 hours ago -
CBS News - Top stories
Israel conducts "targeted strike" in Beirut after U.S. warns against escalation
The White House earlier warned both Israel and the Iran-backed Hezbollah group against "escalation of any kind" following pager and walkie talkie explosions targeting Hezbollah members.10 hours ago - Israel -
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.10 hours ago -
CNBC - Business
UAE hoping to expand $1 trillion partnership with U.S. through AI, Investment
The visit is also expected to feature meetings with key U.S. business leaders and tech executives.11 hours ago -
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.11 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?11 hours ago - Federal Reserve -
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The Guardian - World
The US and all nations must respect the UN resolution against Israeli occupation | Kenneth Roth
The UN’s resolution this week has dramatically changed the legal context of Israel’s occupation of Palestinian territory. The United Nations general assembly’s resolution on Wednesday advanced a ...11 hours ago - Israel -
Financial Times - World
Fee rule changes to boost UK investment trusts
Exemption from cost disclosures to make the products more attractive to both institutions and customers11 hours ago - United Kingdom -
Financial Times - Business
Investors pile into OpenAI’s $6bn funding round in unprecedented bet
Venture groups believe ChatGPT-maker will eventually be the world’s dominant AI company and worth trillions of dollars12 hours ago -
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Wired - Tech
How to Switch iPhones or iPads and Transfer Data (2024)
Everything you need to know to successfully transfer your contacts, music, photos, and apps from one iOS device to another.13 hours ago -
Financial Times - World
BoJ holds interest rates and upgrades consumption outlook
Central bank forecasts Japanese economy will keep growing at a pace above its potential growth rate14 hours ago -
Financial Times - World
FirstFT: Wall Street titan John Paulson defends Trump’s tariff talk
Also in today’s newsletter, S&P 500 hits record high and Amazon’s crackdown on remote work14 hours ago -
Financial Times - Business
Why half of voters think Labour has done a poor job so far
Dodgy donations, infrastructure challenges and anticipation of October’s ‘painful’ Budget weigh on party’s approval ratings15 hours ago -
CNBC - Business
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars; BOJ and PBOC hold rates
Traders in Asia also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.15 hours ago - Japan -
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%.17 hours 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 Budget17 hours ago - United Kingdom -
CNBC - Business
Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar.18 hours ago -
Financial Times - World
Immigration and job creation
The labour market is softer than it appears18 hours ago -
CBS Sports - Sports
WNBA 2025 Draft Lottery odds: Why the Dallas Wings actually have the best chance at next year's No. 1 pick
Dallas last had the No. 1 pick in 2021, when the team selected Charli Collier19 hours ago -
The Guardian - World
Revealed: Russia anticipated Kursk incursion months in advance, seized papers show
Exclusive: Documents contain months of warnings about possible Ukrainian advance and also reveal concerns about morale. Russia’s military command had anticipated Ukraine’s incursion into its Kursk ...19 hours ago - Russia -
Financial Times - World
Lammy seeks emergency boost to aid cash to offset cost of migrant hotels
Foreign secretary fears domestic drain on development funding will hinder efforts to project UK on global stage20 hours ago -
Financial Times - Business
Record Indian imports help drive gold rally
Late July tariff cuts boost domestic demand for gold jewellery and bars20 hours 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.Yesterday -
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