Columbus, OH

Markets Insider

Stocks could see a 1995-like rally after the Fed cuts rates, said Wells Fargo's head of global investment strategy.

Stocks will embark on a run of gains unseen in 30 years after the Fed cuts rates, Wells Fargo strategy chief says

Jackson, WY

Fed Chair Jerome Powell will deliver his policy speech at 10 a.m. ET from the central bank's annual conclave in Jackson Hole, Wyoming. For all the attention being paid to the presentation, the chances of it containing any startling news seem remote. In previous years, Powell has used Jackson Hole...

Here's everything to expect from Fed Chair Powell's speech Friday in Jackson Hole

Yields and prices move in opposite directions. One basis point equals 0.01%. Powell is set to give a speech at the annual Jackson Hole symposium on Friday. His comments come after the release of minutes from the central bank's July policy meeting. The minutes showed the "vast majority" of Fed...

Treasury yields rise as traders await Powell remarks

New York Post

Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool.

The minutes of the Fed’s July 30-31 meeting, released Wednesday, said the “vast majority” of policymakers “observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.”

In July, the policymakers kept their benchmark rate at 5.3%, a near-quarter-century high, where it’s stood for more than a year.



Wall Street traders had already considered it a certainty that the Fed will...

Most Federal Reserve officials ready to cut rates in September if inflation keeps cooling

The minutes of the Federal Reserve’s late-July policy meeting show that most officials supported possible interest-rate cuts at the next meeting in September. The minutes showed that a “vast majority” of officials said an interest rate cut at the September meeting was likely if data continued to meet expectations.

Federal Reserve Meeting Minutes Show Increasing Support for Interest Rate Cuts

New York City, NY

Nassau County, NY

A convicted New York drug dealer and predatory lender who was freed from federal prison after his sentence was commuted in 2021 by then-President Donald Trump was arrested on assault charges. Jonathan Braun is accused in Nassau County court of assaulting his elderly father-in-law as he tried to protect his...

New York drug dealer whose prison sentence Trump commuted arrested on assault charges

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Emily Standley Allard

Are people getting more high maintenance or is it just me? One thing that you can't deny is that CERTAIN people require a lot more TLC and attention, on the daily and especially during trying times. This applies to both platonic relationships and romantic. We usually call these people high maintenance because, well, they usually require (or demand!) all of your efforts and then some to be satisfied. These characteristics are closely linked to their zodiac sign temperament, so read on to see who is on the list!

5 Zodiac Signs that are the Highest Maintenance and Most Demanding

'Mad Money' host Jim Cramer takes a look at the Fed's next move and the state of the consumer.

We have to rethink how strapped the consumer really is, says Jim Cramer

Reuters

A look at the day ahead in U.S. and global markets from Mike Dolan. Jerome Powell takes centre stage at the Federal Reserve's Jackson Hole jamboree on Friday but the Fed chair would have to sound super hawkish to stop the dollar recording one of its worst weeks of the year.

Morning Bid: Dollar stuck in a Hole as Powell speaks

Colorado State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Kiplinger

Sentiment turned cautious ahead of Fed Chair Powell's highly anticipated speech Friday at the Jackson Hole Economic Symposium.

Stock Market Today: Stocks Drop Ahead of Powell's Jackson Hole Speech

Houston, TX

This story is part of CNBC Make It's Six-Figure Side Hustle series, where people with lucrative side hustles break down the routines and habits they've used to make money on top of their full-time jobs. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. When Leena Pettigrew...

44-year-old’s garage side hustle brings in $148,600 a year: ‘You don’t have to have business experience’

"A possible hawkish surprise might be highlighting instead that broad financial conditions are still quite easy," Goldman Sachs said.

Here's how Jerome Powell could surprise markets with his Jackson Hole speech

Kansas State

Elkhart, KS

The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million. Shan Hanes, pronounced Shane, sent the funds from Heartland Tri-State Bank to cryptocurrency wallets controlled by scammers who had duped him in a "pig butchering" scheme that appealed to his greed, federal prosecutors said.

Cryptocurrency 'pig butchering' scam wrecks Kansas bank, sends ex-CEO to prison for 24 years

JACKSON HOLE, Wyoming (Reuters) -Federal Reserve policymakers on Thursday lined up in support of U.S. interest-rate cuts starting next month now that inflation is well down from its highs and the U.S. labor market is cooling, though one signaled he is in no rush to ease policy.

Fed policymakers flag rate cuts as job market cools

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in the market. Questions for Cramer?. Call Cramer: 1-800-743-CNBC.

Cramer's Lighting Round: L3Harris is 'terrific'

Business Insider

Rate cuts are a lock for the Fed's next meeting in September. But instead of wondering if they'll come, experts are focused on how deep they'll go,

All eyes are on Jackson Hole for clues about the size of September's rate cut

WASHINGTON (Reuters) - Federal Reserve officials gathering at the annual central banking conference in Jackson Hole, Wyoming, this week can take some satisfaction that the U.S. unemployment rate, at 4.3%, remains low by historical standards.

Fed officials uneasy about job market as they get ready for Jackson Hole

Wealthy businessman Timothy Mellon and former New York Mayor Michael Bloomberg wrote huge, eight-figure checks in July to support major Republican and Democratic super PACs, respectively, gearing up for the 2024 election. Mellon, who donated $50 million in May to Make America Great Again Inc., the super PAC that supports...

Billionaires Timothy Mellon and Mike Bloomberg inject massive sums into 2024 super PACs

As the richest nation and the world’s largest economy, it is hardly a surprise that the United States holds the most gold. What is surprising is where the gold isn’t: the United States Federal Reserve, known colloquially as the central bank. Mainstream media dutifully reports that the American...

What Happened to the Fed’s Gold?

NewsBreak

Treasury yields mixed as investors brace for Fed Chair Powell’s speech at Jackson Hole

The U.S. 10-year Treasury fell slightly on Friday as investors awaited remarks from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium. At 4:08...

Treasury yields mixed as investors brace for Fed Chair Powell’s speech at Jackson Hole

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