TheStreet

The Fed's hopes of a soft landing for the U.S. economy got a major boost this week.

GDP report jolts Fed soft-landing hopes

If things go according to expectations, the Fed again will keep short-term interest rates on hold roughly from where they've been for the past year. There are expectations that the Federal Open Market Committee will drop signals that as long as there are no major data hiccups, a September move is very much on the table.

Here's everything you need to know about the Fed decision coming Wednesday

Markets Insider

UBS analysts advised investors to think interest rates and tech, not politics.

The 'Trump trade' is winding down, and the Fed's rate plans are back in focus

Tom Michaud, KBW president and CEO, joins 'Power Lunch' to discuss regional banks, impact of interest rate reductions from the Fed, projection on the Fed's next moves, the health of banks, and more.

Fed easing will take pressure off credit quality, says KBW CEO Tom Michaud

New York City, NY

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.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

The Israeli military carried out an airstrike Tuesday in a suburb of southern Beirut, targeting a commander they say was in charge of an attack last week on the Israeli-controlled Golan Heights that killed 12 young people. "The IDF targeted in Beirut the commander responsible for the murder of the...

IDF targets Beirut suburb in retaliation for attack that killed 12 in the Golan Heights

New Jersey State

If you're a renter looking to get the most bang for your buck, a recent RentCafe report might help guide you to just the right place. The apartment search website set out to determine how much apartment space renters across the United States can get for just $1,500 a month. The report found that more than half of the top 20 major cities offering the most space for that amount are in the Southeast and Southwest.

Here's how much apartment space $1,500 a month can get you in 20 major U.S. cities

Kiplinger

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Washington, DC

Deryl McKissack is no stranger to spotting toxic traits. McKissack, 63, is the founder and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she launched with $1,000 from her savings in 1990. She churned through employees who weren't the right fit in her company's early years and the business struggled, she says.

63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'

Wells Fargo’s Sameer Samana joins 'Closing Bell' to discuss what to expect over the 'critical 48 hours' for investors as they wait to see what the Fed's next moves are on rate cuts.

We are not fans of small-caps, says Wells Fargo's Sameer Samana on rotation hype

CBS News

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
  After a brief stabilization period, gold's record-breaking year is back. In March, gold prices hit an all-time high of $2,160 per ounce and then repeated the feat in April, surpassing the $2,259 mark for another milestone achievement. The price of gold then soared to $2,435 on May 20, before adjusting to spot prices around $2,300 in June. But then, just when it appeared that gold's price had stabilized, it jumped to $2,493 on July 17, its latest record-setting price in 2024....

When will gold prices hit $3,000 per ounce? Here's what experts think

Senior White House advisor Anita Dunn plans to advise a pro-Kamala Harris political action committee. Dunn has been a longtime advisor and supporter of President Joe Biden. Senior White House advisor Anita Dunn is leaving her post next week to guide a massive political action committee that is supporting Vice President Kamala Harris' presidential campaign against former President Donald Trump, according to a senior White House official.

Top Biden advisor Anita Dunn will join pro-Harris super PAC

CEO Mark Widmar said the U.S. presidential election has created uncertainty for the solar industry. Solar companies are facing constraints on access to capital as investors wait to make financing decisions until the policy picture becomes clearer, Widmar said. First Solar stock rose more than 1% in extended trading. Here...

First Solar tops second-quarter estimates but leaves forecast unchanged amid election uncertainty

Florida 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

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

Bucks County Beacon

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

Advanced Micro Devices reported second-quarter earnings on Tuesday. Investors want to see AMD take market share away from its longtime rival Nvidia with its MI300X AI chip and signal growth in its data center AI business. AMD said that it had sold over $1 billion of its MI300 chips during...

AMD says data center sales more than doubled in a year

Stocks snapped a three-day streak of losses after June's inflation data came in line with expectations.

Stock market today: Dow soars 654 points as traders celebrate inflation data

Rates were prepared to make a big move in one direction or the other heading into today's high stakes inflation data. Fortunately, the Consumer Price Index (CPI) came in quite a bit lower than expected, leading to a sharp decline in rates at the average lender. 30yr fixed rates had...

Mortgage Rates Drop Sharply After Inflation Data

The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday. Inflation moderated in the second quarter and the job market has continued softening, factors that will likely encourage the Fed to cut interest rates in the coming months.

What To Expect on Interest Rates From Next Week’s Fed Meeting

NewsBreak

Treasury yields fall as investors look to key data, Fed meeting

U.S. Treasury yields fell on Monday as investors awaited the release of key economic data and looked to the Federal Reserve's two-day policy meeting. Yields and...

Treasury yields fall as investors look to key data, Fed meeting

Comments / 0